
Mortgage Condo Project Analyst
Canopy Mortgage
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $18 - $22 per hour
About the role
- Conduct thorough reviews of condominium project documentation, including declarations, bylaws, budgets, financial statements, insurance policies, and legal documents.
- Utilize Fannie Mae's Condo Project Manager (CPM) to assess project eligibility and compliance with Fannie Mae guidelines.
- Utilize Freddie Mac's Condo Project Advisor to assess project eligibility and compliance with Freddie Mac guidelines.
- Evaluate and submit projects for compliance with FHA and VA single-unit approval requirements.
- Identify and analyze potential risks associated with condominium projects.
- Determine project eligibility based on agency guidelines and internal risk parameters.
- Maintain accurate and organized project files.
- Prepare detailed reports summarizing project analysis findings.
- Communicate findings and recommendations to underwriters, loan officers, processors, and other stakeholders.
- Ensure all documentation is compliant with agency and company requirements.
- Stay up-to-date on changes to Fannie Mae, Freddie Mac, FHA, and VA condo project guidelines.
- Provide guidance to internal teams on condo project eligibility and compliance.
- Collaborate with underwriters, loan processors, and other team members.
- Communicate effectively with external parties, including HOAs, property managers, and title companies.
- Provide training and support to internal teams on condo project analysis.
Requirements
- Minimum of 1-2 years of experience in mortgage LOA, third-party doc specialist, processing and/or condo project analysis
- A foundational understanding of condominium project documentation
- A baseline knowledge of Fannie Mae, Freddie Mac, FHA, and VA condo guidelines
- Experience reading automated underwriting systems feedback and (AUS) and reviewing loan conditions
Benefits
- health insurance
- paid holidays
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
condominium project documentationproject eligibility assessmentcompliance analysisrisk analysisreport preparationautomated underwriting systems (AUS)loan condition review
Soft Skills
communicationcollaborationorganizational skillstraining and support