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About the Role

As an Affordable Production Senior Analyst, you will play a critical role in the execution of affordable multifamily agency transactions nationwide. Partnering closely with Producers, you will lead financial modeling, underwriting analysis, and narrative development for Fannie Mae and Freddie Mac affordable loans. Your work will directly impact transaction quality, speed to market, and client experience. By delivering accurate underwriting, well-crafted agency packages, and proactive pipeline coordination, you will help drive successful closings while building deep expertise in affordable housing finance.

Responsibilities

• Lead financial modeling and loan sizing for affordable multifamily transactions using Fannie Mae (DUS) and Freddie Mac (Optigo) tools
• Prepare and review Agency Narrative Packages, including market write-ups, rent and sales comparables, maps, and property photos
• Spread and analyze rent rolls, historical operating statements, and budgets to support underwriting conclusions
• Pull and analyze expense comparables, CoStar reports, property tax bills, and other third-party data sources
• Upload quote packages and loan options through DUS Gateway and Freddie Mac OUS systems
• Manage and maintain accurate pipeline tracking and reporting within Salesforce for new and active transactions
• Monitor deals throughout underwriting and support communication between production, underwriting, and closing teams
• Participate in kick-off meetings and weekly production meetings to ensure alignment and execution efficiency
• Interface directly with clients, mortgage brokers, lenders, and third-party vendors to facilitate information flow and resolve issues
• Travel periodically for property inspections and client meetings
• Contribute to continuous improvement of underwriting processes and production best practices
• Perform other duties as assigned

Requirements

• Bachelor’s degree required (Finance, Real Estate, Business, or related field preferred)
• 3+ years of financial analysis or underwriting experience in commercial real estate, affordable housing, or agency lending
• Experience with multifamily agency underwriting strongly preferred; affordable housing finance experience highly desirable
• Strong financial modeling and underwriting skills, with attention to detail and accuracy
• Solid understanding of affordable housing programs, income restrictions, and agency execution
• Ability to manage multiple transactions in a deadline-driven environment
• Strong written and verbal communication skills
• High level of organization and ownership over work product
• Ability to show ownership of your work, embrace challenges and growth opportunities, and demonstrate patience when learning new processes
• Demonstrates courtesy, respect, and thoughtfulness when teaming with colleagues and collaborating with stakeholders

Skills

• Financial modeling
• Underwriting
• Fannie Mae (DUS)
• Freddie Mac (Optigo)
• Salesforce
• Communication

Location

• Remote (Mondays and Fridays)
• Onsite (Tuesdays, Wednesdays, Thursdays)

Work Type

• Hybrid
• Full-time

Experience Level

• 3+ years

Education Level

• Bachelor's degree

Salary/Compensations

• $80,000-$90,000 plus discretionary production incentives

Benefits

• Up to 83% subsidized medical payroll deductions
• Competitive dental and vision benefits
• 401(k) + match
• Pre-tax transit and commuting benefits
• Robust health and wellness program – earn cash rewards and gain access to resources that promote health, engagement, and balance
• Paid maternity and parental leave, as well as other family paid leave programs
• Company-paid life, short and long-term disability insurance
• Health Savings Account and Healthcare and Dependent Care Flexible Spending
• Career development opportunities
• Empowerment and encouragement to give back – volunteer hours and donation matching

About the Company

• Walker & Dunlop is one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop, and play — to life.
• Committed to creating meaningful social, environmental, and economic change in our communities.
• Walker & Dunlop’s Affordable Housing Group is recognized as a leader in the industry with multiple business lines including Debt, LIHTC Equity, Affordable Investment Sales, Preservation, Affordable Development and Capital Advisory services.
• This team of over 200 professionals has a wide array of expertise across the entire capital stack in affordable housing.
• Our team is on a mission to improve our nation’s affordable housing stock and ensure people have access to stable, quality, and safe housing.
• We do that by providing services and capital for the development and preservation of all types of affordable housing across the United States.
• Our unique platform drives strong financial returns for clients and supports the development of thriving communities where people can afford to live where they work, shop, and play.
• One of Fortune Magazine’s Great Places to Work winners.
• Our employees are self-disciplined, hardworking, curious, trustworthy, humble and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in our area.

Equal Opportunity

• We are committed to equity in all steps of the recruitment and employment experience.
• We believe in equal access to opportunities in our workplace.
• We do not tolerate discrimination, including harassment, based on any characteristic protected by applicable law, such as race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, and genetic information, or any other characteristic protected by applicable law.
• We strive to be a safe place to ask questions, build professional relationships, and develop careers.
• Background checks, including any questions related to infractions, arrests, or conviction records, will not be conducted until after a conditional offer of employment has been accepted.
• We will consider for employment qualified applicants regardless of arrest and conviction records, in accordance with federal, state, and local laws.