Preston Watson Email & Phone Number

Fort Worth, Texas, United States

• Participating in assisting designated underwriters in analyzing profit and loss statements, reviewing appraisals, analyzing rent rolls, reviewing market studies and environmental reports, preparing HUD processing forms and conducting site inspections.• Completing underwriter’s narratives and related exhibits for sections 223(f) and 221(d)(4) loan applications.• Accumulating and analyzing market data including employment, household and population growth to support loan underwriting.

Fort Worth, Tx

Continued previous responsibilities along with the following:• Serve as MJC’s primary source and contact for due diligence information necessary to complete 1,000+ page loan applications• Assisted in writing the narrative for loan committee presentation and application for FHA mortgage insurance• Analyzed the creditworthiness of the sponsorship and the real estate and provide concise risk and solution recommendations

Fort Worth, Tx

• Become fully versed on all applicable FHA Multifamily procedures and policies• Assisted and support underwriters with the information gathering, analyzing, and packaging of 1,000+ page loan applications • Accompanied and assisted loan producers on client meetings, lender meetings, site visits, property inspections, and presentations• Developed standardized template based on employment, household, and population growth for new market inquiries from developers •… Show more • Become fully versed on all applicable FHA Multifamily procedures and policies• Assisted and support underwriters with the information gathering, analyzing, and packaging of 1,000+ page loan applications • Accompanied and assisted loan producers on client meetings, lender meetings, site visits, property inspections, and presentations• Developed standardized template based on employment, household, and population growth for new market inquiries from developers • Collected and reviewed underwriting forms and documents, including financial/credit exhibits• Learned and participated in initial analysis of loan opportunities including the analysis of property financial statements, market feasibility, property valuation, and sponsor qualifications and creditworthiness to determine the terms and conditions of the loan to prepare a Concept Package• Created full Concept Packages for 250+ unit new construction projects including, but not limited to, a full market review, design information, location and community amenities, development team overview, environment concerns, etc. Show less

Irving, Tx