Jaymes Katilus is the FHA Chief Underwriter for Tavernier Capital Funding and oversees all MAP and LEAN mortgage transactions submitted to HUD by Tavernier. He joined Tavernier in 2008 after serving as Director/FHA Chief Underwriter at Wachovia Bank. Before working at Wachovia, Jaymes served as the FHA Chief Underwriter at American Property Financing and Senior FHA Underwriter at Arbor Commercial Mortgage. Mr. Katilus has underwritten countless mortgage transactions involving nearly every Section of the National Housing Act and has been personally involved in underwriting over $1 billion of FHA insured financing.
Prior to joining Arbor Commercial Mortgage in 1999, Mr. Katilus was employed by the U.S. Department of Housing & Urban Development (HUD) as a Multifamily Appraiser and later as a Team Leader/Production Specialist. During his tenure at HUD, Jaymes served in the Buffalo, NY office for eight years and in the Columbia, SC office for four years. Jaymes was integral in the development of an FHA platform at American Property Financing, which was later sold to Wachovia. He has personally underwritten successful applications under Sections 221(d)3, 221(d)4, 223(f), 223(a)7, 232, 232/223(f), 202, 241(a) and 241(f) of the National Housing Act. Additionally, he is well versed in the seldom-utilized 231 and 242 programs and has underwritten 202 direct loans and 236 “Decouplings”. A number of these transactions have also included Low Income Housing Tax Credits, Historic Tax Credits, Hope VI Revitalization Grants and Tax Exempt Bond Financing combined with FHA insured financing.
Mr. Katilus’ experience also includes thirteen years in the residential and commercial construction industry. He is a Certified General Real Estate Appraiser, licensed in the state of New York. Jaymes is a graduate of the State University of New York at Buffalo and holds B.A. and M.A. degrees in Economics. In addition, he has successfully completed the Housing and Community Development, Executive Education Program at the School of Public Affairs of the University of Maryland, and HUD’s MAP, LEAN and Hospital Training Seminars.
