Full-Time

VP – Underwriter

Loan Servicing

Posted on 10/1/2025

Berkadia

Berkadia

1,001-5,000 employees

Integrated commercial real estate investment services

Compensation Overview

$125k - $135k/yr

Company Does Not Provide H1B Sponsorship

Irvine, CA, USA

Hybrid

Category
Real Estate (5)
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Requirements
  • Expertise in commercial real estate finance, servicing operations, and mortgage documentation.
  • Strong written, oral, and negotiation skills.
  • Excellent research, analytical, and organizational skills with a focus on time management and results.
  • Proficient in Fannie Mae, Freddie Mac, Ginnie Mae, HUD, and CMBS guidelines.
  • Bachelor's degree or equivalent.
  • 5-7+ years of experience in a similar position.
Responsibilities
  • Perform or oversee contractors' underwriting of transactions and consents.
  • Ensure that Lenders' and Investors' credit standards are maintained and that identified risks are properly mitigated.
  • Effectively and continually communicate with all concerned parties, including Berkadia Mortgage Bankers, regarding the progress of underwriting and approval processes.
  • Maintain a pipeline of approximately 25–35 transactions, ensuring all deals progress in accordance with document and Servicing Agreement requirements, as well as Borrower expectations.
  • Assist in the development of team members in our India offices.
  • Manage all escalated and complex issues, elevating them to Senior Management when appropriate.
  • Manage relationships with external legal counsel, vendors, clients, investors, and internal customers.
  • Other duties as assigned.

Berkadia provides integrated commercial real estate services for multifamily and other properties, covering the full investment lifecycle from acquisition to disposition. It combines investment sales, mortgage banking, and loan servicing, helping clients obtain financing, originate loans, service assets, and manage dispositions using a single platform. The company uses technology, data, and analytics to streamline underwriting, closing, servicing, and asset management, delivering a seamless experience. Backed by Berkshire Hathaway and Jefferies Financial Group, Berkadia leverages scale and relationships to offer end-to-end, data-driven financial services for institutional, private equity, and individual investors.

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$279.1M

Headquarters

New York City, New York

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Originated $21.8 billion mortgages in 2023, servicing 20,600 loans at $409.7 billion.
  • Secured $141.9 million HUD financing for ElevenEleven San Francisco in 2026.
  • Knight Frank alliance accesses global capital for diverse multifamily sponsors.

What critics are saying

  • Walker & Dunlop overtakes with $25.6 billion originations in 2024, eroding share.
  • Multifamily delinquencies hit 6.1% in Q1 2026, defaulting $409.7 billion portfolio.
  • FHFA rules Q3 2026 raise Freddie pricing 50-75 bps, losing preferred equity clients.

What makes Berkadia unique

  • Berkadia offers proprietary preferred equity behind Freddie Mac loans launched April 14, 2026.
  • Largest non-bank CRE servicer with $415 billion UPB across multifamily and hospitality.
  • Integrated platform covers investment sales, mortgage banking, and loan servicing lifecycle.

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Benefits

Health Insurance

Paid Vacation

Paid Sick Leave

Wellness Program

Professional Development Budget

Company News

ApartmentBuildings.com
Feb 19th, 2026
Berkadia Negotiates Sale, $69M Financing for Wisconsin Multifamily Properties

Berkadia negotiates sale, $69M financing for Wisconsin multifamily properties. News | February 19, 2026 | Jasmine Kilman Chicago & Midwest + Apartment Buildings Berkadia announced the sale of Cobblestone Creek and Fountain Ridge, two multifamily properties located in Pleasant Prairie, Wisconsin. Senior Managing Director Pete Evans of Berkadia Chicago and Senior Director Richard Evans of Berkadia Milwaukee led the transaction on behalf of the seller. "The significant recent and expanding investments from ULINE, Lilly, Haribo, Microsoft, retail, and the healthcare sector have created one of the strongest economic growth corridors and stable tax bases in the country," said Evans. Senior Managing Directors Laura Cathlina and Chris Blechschmidt and Senior Director Emily Stang of Berkadia Chicago arranged $69.042 million in acquisition financing through Freddie Mac on behalf of the buyer, Illinois-based Santefort Real Estate Group. Cobblestone Creek, available for the first time, is a four-building, 164-unit value-add multifamily community located at 9300 Prairie Ridge Blvd. Fountain Ridge, also available for the first time, is a 13-building, 262-unit, value-add multifamily community located at 8929 83rd Street. Join Apartmentbuildings on the afternoon of Tuesday, June 2, 2026, at Joe's Live in Rosemont, IL, for the Connect Midwest Multifamily Trends conference.

Yield PRO
Nov 7th, 2025
Berkadia Secures $141.9M in Construction Financing for a Multifamily Property ElevenEleven in San Francisco

Berkadia secures $141.9M in construction financing for a multifamily property ElevenEleven in San Francisco. The official groundbreaking will be on December 11. Berkadia, a distinguished leader in the commercial real estate sector, announced the successful financing for ElevenEleven, a new mixed-use residential development in San Francisco. Managing Director Jay Abeywardena [1] of Berkadia Affordable Housing [2] arranged a combined $141.9 million in construction-permanent financing through the HUD [3]221(d)(4) program on behalf of the sponsor, San Francisco-based design and development firm, Martin Building Company [4]. The site for ElevenEleven currently houses two structures: a former auto repair shop with a public garage at 1101 Sutter Street and a dilapidated two-story building at 1111 Sutter Street. The three-level concrete auto-repair building at the corner of Sutter Street and Larkin Street will be rehabilitated and maintained as a public parking garage. On the west side, the aging structure will be demolished to make way for a new 22-story high-rise tower to house the new residential units. Jay Abeywardena had the following to say: "This closing is the culmination of tremendous hard work and dedication from the entire deal team and I'm proud of Berkadia for navigating through a very complex underwriting and closing landscape to make this project a reality. I want to thank its client, Patrick McNerney, Founder and CEO of Martin Building Company for entrusting Mhpmag to execute and its partners at HUD for their unmatched dedication and flexibility as Mhpmag worked towards a successful closing. Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to its multifamily and commercial property clients. Through its integrated mortgage banking, investment sales and servicing platform, Berkadia delivers comprehensive real estate solutions for the entire life cycle of its clients' assets.

California Statewide Communities Development Authority (CSCDA)
Oct 23rd, 2025
CSCDA Issues $28,500,000 in Bonds for Dorado Senior Apartments

CSCDA issues $28,500,000 in bonds for Dorado Senior Apartments. The California Statewide Communities Development Authority (CSCDA) is pleased to announce the issuance of $28,500,000 in tax-exempt multifamily affordable housing bonds for Dorado Senior Apartments in Buena Park, California. Dorado Senior Apartments is the acquisition and rehabilitation of 150 multifamily affordable housing apartments by Dorado Senior, LP. The project sponsor is Spira Equity Partners. Dorado Senior Apartments will continue to be 100% affordable and provide one-bedroom and two-bedroom apartments to extremely low-income and low-income senior residents in Riverside, California. CSCDA and Spira partnered with Berkadia Commercial Mortgage and Orrick, Herrington & Sutcliffe, LLP to provide the multifamily affordable housing bonds. The project will undergo an extensive interior and exterior renovation ensuring that residents have an updated, safe, and affordable community to call home for years to come. The financing of Dorado Senior Apartments will maintain the affordability of units for low-income senior tenants for 55 years. CSCDA is a Joint Powers Authority created in 1988 and is sponsored by the California State Association of Counties (CSAC) and the League of California Cities (Cal Cities). More than 530 cities, counties and special districts are program participants in CSCDA, which serves as their conduit issuer and provides access to efficiently finance eligible projects. CSCDA has issued more than $75 billion in tax-exempt bonds to help local governments build community infrastructure, create Community Facilities Districts (CFDs), funding for more than 25,000 affordable housing units in the last 8 years, provided over 7,700 housing units now restricted for Low- and Middle-Income residents, provided Commercial and Residential Clean Energy funding, create jobs, make access available to quality healthcare and education, and more. CSCDA's Open PACE program is the largest Property Assessed Clean Energy Program (PACE) in the nation with 14 Commercial PACE and 3 Residential PACE firms. CSCDA has issued 40% of the total number of Commercial PACE projects nationwide. For more information about CSCDA please visit: www.cscda.org For more information about Spira please visit: https://spiraequitypartners.com/

Yield PRO
Sep 10th, 2025
Berkadia Arranges Refinancing for Spinnaker Landing Workforce Housing Apartments in Palm Beach County

Berkadia, a distinguished leader in the commercial real estate sector, announces that it secured a $15.72 million loan on behalf of Rental Asset Management (RAM) to refinance Spinnaker Landing Apartments, a 123-unit apartment community located in Riviera Beach, Florida.

Berkadia
Jul 31st, 2025
The Easton Riverview, Tampa, FL | Refinanced by Berkadia 2025

Berkadia arranges $56.62m loan from Mesa West Capital to refinance tampa-area apartments located in Belmont master-planned community.

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