2023 Summer Intern - FHA/HUD

The Opportunity

Berkadia’s Internship Program is designed to increase your education, impact, and involvement in Commercial Real Estate and Finance. Our program combines real-world work experience with continuing education and mentorship. As a Berkadia Intern, you will work alongside professionals, collaborating on projects, helping complete daily tasks, and working with us to influence our industry.  

This intern will be working with our FHA/HUD (Federal Housing Administration / Housing and Urban Development) group.

Responsibilities 

Under supervision of your manager, you will work with your team to complete essential duties including the following: 

• Review and analyze current and historical income and expenses of a property, along with market data, to determine the potential terms and conditions of the loan.
• Prepare loan submission packages for lender review and communicate with lenders.
• Compile, add, and maintain quotes to present to clients and track internally.
• Maintain communication with the borrower and mortgage banker throughout the process from quote to close.
• Facilitate information flow during due diligence/underwriting stage. Answer questions from lenders generated by the submission and research, analyze and provide additional information on request, including third party reports.
• Assist in maintaining vendor relationships, soliciting, and organizing report bids and arrange due diligence collection and site inspections.
• Collect relevant data to analyze and create new business opportunities.
• Participate in phone, video, and face to face client meetings.
• Assist loan processors with Pipeline entry.
• Execute internal projects with marketing, transformation, and innovation technology departments within Berkadia.
• Assist group leaders with understanding the team's pain points and formulating solutions using Berkadia's platform resources.
• Other duties as assigned.

Resources 

• Direct supervision of a Berkadia manager and added support of an assigned mentor within your department
• Educational resources and guidance surrounding industry knowledge and professional development
• Regular learning sessions held with business leaders
• A cohort of dedicated Interns working in different departments across the country 

Qualifications 

• Current student pursuing a bachelor’s or master’s degree 
• Desire to learn and advance in the Commercial Real Estate sector 
• Initiative and drive to search for ways to contribute and grow 
• Basic technology skills and familiarity with Microsoft Office software including Excel and Word 

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