Kevin Wiedelman Email & Phone Number

Bloomfield Hills, Mi

Coordinate HUD Multifamily loan origination process (analysis, quote preparation, Originator and Borrower interaction and engagement) with a national production platform. Provide expertise (including HUD programmatic rules, regulations, and changes), to facilitate new business and product awareness.

Bloomfield Hills, Mi

Coordinated HUD Insured loan origination process (analysis, quote preparation, Originator and Borrower interaction and engagement) with a national production platform. Provided expertise (including HUD programmatic rules, regulations, and changes), to facilitate new business and product awareness. Results include closing of 14 HUD transactions (223(a)(7), 223(f), 223(f) PILOT, and 221(d)(4)) totaling nearly $135 Million.Facilitator of Interest Rate Reduction Program (IRRP) and Transfer of Physical Assets (TPA) Applications.Completed HUD, Fannie Mae, Freddie Mac, and internal bridge site inspections as needed for both multifamily and manufactured housing communities.

Bloomfield Hills, Mi

Received HUD approval as a Multifamily Accelerated Processing (MAP) Underwriter November 8, 2013.Served as Underwriter on two HUD 223(f) transactions totaling over $25 Million.

Bloomfield Hills, Mi

Collected and reviewed Borrower financial data and documentation.Engaged and reviewed required third-party reports.Finalized loan structure, forms, and underwriting narrative for application submissions.Closed combined 12 HUD 223(a)(7) transactions totaling nearly $114 Million.

Bloomfield Hills, Mi

Monitored multifamily portfolio and identified potential distressed properties.Addressed with Borrower potential cause and solution to issues associated with distressed properties.Obtained working knowledge of HUD Partial Payment of Claims (PPC) program including beginning to end involvement of a successful PPC transaction on an affordable LIHTC project.Inspected properties prior to release of insurance funds following claims.

Bloomfield Hills, Mi

Reviewed and analyzed prospective loan transactions for both affordable and market rate multifamily properties.Prepared and presented to Borrowers multiple financial analyses for financings including 223(f) market rate, affordable, and PILOT Program; 221(d)(4) market rate and affordable including both 4% and 9% LIHTC transactions; and 223(a)(7) refinancing of both market rate and affordable properties.Maintained communication with clients regarding origination, underwriting, and closing progress.Provided direct assistance on multiple different loan product closings including both HUD and Fannie Mae.