Overview
This role supports real estate lending by providing detailed analysis and property evaluations used in loan underwriting and risk assessment. The organization is seeking a detail-oriented and driven Real Estate Analyst to help streamline underwriting processes and support investor success.
The employer incorporates artificial intelligence into day-to-day operations and expects team members to use AI tools as part of standard workflow. Employees are provided access to Claude, including unlimited token usage, and are encouraged to leverage AI to improve productivity, automate routine tasks, enhance communication, and support decision-making.
Responsibilities
- Provide accurate, timely property evaluations to support loan origination and risk assessment.
- Ensure renovation budgets and pro formas align with market conditions and project scope.
- Evaluate underwriting reports using comparable data and valuation platforms (including recently sold properties in portfolio areas).
- Write and edit property evaluations for up to 140 loans per month within a 24-hour turnaround.
- Analyze 5–8 real estate deals and 10–20 construction draws per week.
- Evaluate construction draws, budgets, and scopes of work across multiple active projects.
- Review inspection reports, draw requests, and supporting documentation for accuracy and consistency.
- Track project progress, remaining reserves, and funding timelines.
- Identify discrepancies between inspections, budgets, and borrower-submitted draw requests.
- Reconcile property costs before and after rehabilitation.
- Confirm budget accuracy across project types: new construction, cosmetic renovations, full gut rehabs, and multifamily (5+ units).
- Validate renovation estimates for current projects, prepare estimations for upcoming projects, and assess cost allocations across labor, materials, and trades.
- Read and interpret building plans, scopes of work, and construction documentation.
- Navigate building permits, assessor records, and local compliance requirements.
- Apply knowledge of construction sequencing and timelines to assess project feasibility and risk.
- Analyze borrower-provided pro formas for larger projects.
- Manage a high volume of projects simultaneously while maintaining strong attention to detail.
Requirements
- Background in single-family or multi-family construction, construction engineering, general contracting, or single-family residential real estate.
- Construction and rehab knowledge, with experience evaluating multi-family properties.
- Strong understanding of construction processes, sequencing, and project lifecycle.
- Ability to read and interpret building plans and construction documentation.
- Experience estimating materials, labor, and total project costs.
- Familiarity with building codes, permitting processes, and municipal requirements.
- Experience working with project budgets, ideally using CSI MasterFormat divisions.
- Understanding of market conditions and new property development.
- Strong Excel skills (required).
- Ability to evaluate situations using logic and sound judgment rather than strictly following checklists.
- Strong attention to detail with the ability to assess overall project risk (“big picture” thinking).
- Ability to manage multiple projects and competing priorities simultaneously.
- Ability to adapt to change and support strategic company growth.
- Excellent communication skills with internal and external stakeholders.
Preferred Qualifications
- Experience working in lending, draw administration, or construction risk analysis.
- Experience with MLS, CoStar, House Canary, Richer Values, or similar real estate data and valuation platforms.
- Highly analytical with strong critical thinking skills.
- Strong quantitative, analytical, and financial modeling abilities.
- Exceptional attention to detail and process orientation.
- Proficiency in Excel and Word.
- Self-starter with strong time management and accountability.
Compensation & Benefits
- Health insurance
- Dental insurance
- Vision insurance
- 401(k)
- 401(k) matching
- Paid time off
Location
No location details were provided in the job description.
Additional Benefits & Perks
- Company outings & social events
- Virtual events
- Professional development and AI training opportunities
- Access to leading AI tools, including Claude
- Companywide competitions and raffles
- Personal Financial Workshops
- Orioles Season Tickets