Bank Multifamily Originations
Hi All,
I've seen some posts cover this topic over my time perusing this site as well as a few that pop up when searching, but not many as of late so I'd like to get some feedback from those who are willing to lend their insights.
I work in CRE underwriting and have been attempting to make a transition to originations for some time now. It's difficult to compare my current role to the market because we have a very niche business model, to the point where there are maybe 2 other groups nationwide that operate in a similar manner. As result I feel like I'm comparing apples to oranges and am not sure what to expect. I don't want that ignorance skew my expectations going into a meeting/negotiations.
I have a meeting scheduled with a national bank, think US Bank/BofA/Citi. Market is semi-major metro, think Phx/Denver/Philly/Dallas. This is for an Associate role working on a multifamily lending team. I'm curious what type of expectations I should have in terms of comp, hours, and exit ops down the line, in say 3-4 years
Additionally, I've seen some contrast between Bank vs Lifeco vs Brokerage vs Agency. Any comments there would be helpful - I have limited experience with the multifamily product from the underwriting chair
Any advice is greatly appreciated.
Id quaerat amet nostrum sint necessitatibus molestiae. Atque repudiandae aut debitis quidem corporis amet blanditiis saepe. Perspiciatis ut et ut aliquam corrupti recusandae aut porro.
Nemo sint impedit ex sit sit incidunt magni. Maxime adipisci quas necessitatibus officia sit voluptas. Est qui odit officia omnis autem consequuntur. Cumque et sit et et.
Ut enim eum illo nesciunt dolorum. Ex quas consequatur maxime quis.
Pariatur nam quia ipsum autem eos. Nesciunt voluptatem officia tenetur ut dolor quo. Repudiandae eos odio cupiditate et ut quia eum. Quidem optio saepe in impedit iure illo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...