Sr. FHA Underwriter. Employer Capital One. Location: McLean, Virginia, United States. Closing date: April 21, 2025. Company Job Details Sr. The Senior FHA Underwriter is responsible for overseeing underwriting for multifamily loans; be able to provide direction and grow/develop the existing team of underwriters.

Specific responsibilities include, but are not limited to: pursue and develop internal and external relationships to facilitate effective real estate transactions and support the line of business strategy. Establish and consistently follow processes and procedures for underwriting FHA real estate transactions for all multifamily programs to ensure an efficient, diligent, and methodical process. Coordinate with underwriters and originators to communicate deal specifics to borrowers, including issues that arise during the underwriting process. Provide direction to the underwriting team, who are responsible for collecting and organizing exhibits for pre-application and firm application packages to submit for HUD/FHA review. Communicate with both internal underwriting staff, HUD underwriters/leadership, the borrower, and third parties on a regular basis to ensure transactions are processing smoothly and to help resolve any issues that arise during the HUD/FHA review. Train seasoned underwriters and junior underwriters to ensure consistent underwriting processes and procedures. Identify and assess transaction risks and appropriately document in accordance with credit approval and elevate any issues that appear to be deviating from such to assist in properly managing portfolio risks. Complete all compliance requirements related to each transaction to minimize risk. Maintain a productive relationship with all partners characterized by a collaborative approach and full and timely disclosure of transaction risks, ensuring open communication among all team members.

Establish effective policies and procedures designed to establish consistency among team members and effectively mitigate transaction risks. Cultivate strong leadership and teamwork among the broader organization. Establish strong relationships with HUD program centers and Hub offices throughout the country and become well acquainted with the Hub directors and production chiefs to strengthen our business partnership with HUD/FHA overall.

Basic Qualifications: Bachelor's degree or military experience. At least 5 years of experience in Federal Housing Administration (FHA) underwriting. Preferred Qualifications. 7+ years of commercial real estate experience. 7+ years of experience underwriting FHA-insured loans, with some experience managing others in a fast-paced lending environment. Multifamily Accelerated Processing (MAP) certification. Lien Certification. Strong analytical and quantitative skills with an ability to comprehend complex projects. Strong communication skills. At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed-upon number of hours to be regularly worked.

Charlotte, NC: $175,500-$200,300 for Agency UW & PM III

Chicago, IL: $175,500-$200,300 for Agency UW & PM III

McLean, VA: $193,000-$220,300 for Agency UW & PM III

Plano, TX: $175,500-$200,300 for Agency UW & PM III

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance-based incentive compensation, which may include cash bonus(es) and/or long-term incentives (LTI). Incentives could be discretionary or nondiscretionary, depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial, and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full-time or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies, please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth, or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state, or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

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Send an email to Careers@capitalone.com Contact Capital One Recruiting at 18003049102 or via email at RecruitingAccommodation@capitalone.com