Real Estate Underwriter Cover Letter

I submit this application to express my sincere interest in the real estate underwriter position.

Previously, I was responsible for analytic support and loan underwriting to senior commercial mortgage professionals, including discounted cash flows, financial and credit analyses of properties, locations, markets, borrowers and other due diligence.

Please consider my experience and qualifications for this position:

• Solid understanding of commercial and/or small business lending policies and procedures and general banking laws and regulations
• Basic knowledge of credit risk management at financial institutions, some real estate related courses
• Intermediate Excel modeling
• Direct agency or with multifamily underwriting experience
• Possesses advanced level of expertise in Microsoft suite of products
• Additional experience and knowledgeable with specialty products
• Experience with Agency Underwriting standards (Fannie Mae/Freddie Mac)
• Experience in CRE underwriting for both term loans construction and development loans secured by multi-family, student housing, industrial, office, and retail property types

In response to your job posting for real estate underwriter, I am including this letter and my resume for your review.

Previously, I was responsible for recommendations for establishment and implementation of program commercial credit policy.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Experience in handling major UK & Multinational client insurance programmes
• Basic knowledge in credit analysis, underwriting, administration, policy and procedure
• Thorough knowledge in credit analysis, underwriting, administration, policy and procedure
• Capacity to complete projects on time
• Hands-on, current experience with underwriting loan transactions is MANDATORY
• Financial analysis, structuring, underwriting and portfolio management experience
• Comfortable in customer contact situations including escalations and potential work-out/loan restructure environments
• Able to assist RM's on how to structure the credit relationship

In response to your job posting for real estate underwriter, I am including this letter and my resume for your review.

In my previous role, I was responsible for effective analysis of credit including, worthiness of applicant, loan structure, risk return, applicant operating profile and industry profile including historical profit and loss performance, financial condition and cash flow.

Please consider my experience and qualifications for this position:

• Completion of a formal commercial bank credit training program strongly preferred
• BA preferred in a related field
• Capable of sizing and completing the underwriting of most loan transactions with minimal supervision
• Basic understanding of Income Property appraisal methodology and Income Property financial mathematics
• Experience with Commercial Real Estate credit analysis
• Perform moderately complex analysis of affordable housing documents and statements, to include underwriting documents, titles, appraisals, closing statements, and property statements
• Participate in ad-hoc projects related to ongoing asset maintenance, re-valuing, LIHTC rules and regulations, investor requests
• Have proven experience with advanced MS Excel (intermediate –advanced), is highly detail oriented, and have proven written communications and organizational skills

In response to your job posting for real estate underwriter, I am including this letter and my resume for your review.

In my previous role, I was responsible for analytic support and loan underwriting to senior commercial mortgage professionals on the structured finance team, including discounted cash flows, financial and credit analyses of properties, locations, markets, borrowers and other due diligence.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Strong research skills – both on Internet and phone
• Continuing education in credit and/or real estate-related topics
• Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives
• Build and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence
• Develop relationships in line with the Business Plan to support the achievement of business objectives
• Substantial experience gained within the insurance industry and good knowledge of Real Estate and Monoline Property insurances knowledge of lead, follow, excess of loss insurance and Commercial Combined contracts
• Thorough knowledge of the Bristol and local regional markets
• Excellent trading relationships with major brokers in the South region

I submit this application to express my sincere interest in the real estate underwriter position.

In the previous role, I was responsible for senior level guidance to junior staff in credit analysis, internal procedure and policy, and transaction execution.

Please consider my qualifications and experience:

• Demonstrated practical and conceptual knowledge of credit and risk analysis
• Exhibits competency at independently reaching conclusions and forms clear view of credit structure and business risk to organization
• Strong analytical skills and understanding of financial statements
• Communicates the importance and benefits of risk management to counterparts
• Displays natural skepticism and curiosity to question the status quo and uncover issues
• Expertise in the drafting and use of financial formulas in complex financial spreadsheets, the use of a financial calculator
• Knowledge of non-stabilized debt (permanent, high yield, floating rate and bridge) standards and /or equity experience beneficial
• Team-oriented individual that works well in groups and meets time-sensitive deadlines