Remote Underwriter (Private Money Lending)
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Position: Underwriter (Private Money Lending)
Location: Remote (U.S.)
Work Model: Remote
Compensation: $90000$100000 base salary
Overview
This remote Underwriter role supports private money lending focused on investor non-owner-occupied properties. You will underwrite construction DSCR fix-and-flip and bridge loans evaluating borrower strength and collateral risk while documenting clear credit decisions and communicating conditions in a fast-moving environment. Strong recent construction underwriting experience is the key requirement for this hire.
Responsibilities
Underwrite construction loans with a strong focus on recent construction underwriting experience
Underwrite DSCR loans evaluating property cash flow and investor risk
Underwrite fix-and-flip and bridge loans for investor non-owner-occupied transactions
Analyze borrower credit liquidity/reserves and investor experience/track record
Review collateral project scope and supporting documentation to ensure the file is complete for decisions
Document underwriting decisions clearly and issue conditions that are specific and actionable
Partner with processing/closing and other internal teams to keep files moving and resolve issues quickly
Escalate risk concerns exceptions and complex scenarios as appropriate
Qualifications
2 Years recent Underwriting experience in the following:
ground up construction underwriting experience
DSCR underwriting experience
Fix-and-flip and bridge underwriting experience
Investor non-owner-occupied underwriting experience
Experience working with a Private Money lender
NMS Disclaimer
National Mortgage Staffing (NMS) is a recruiting firm. Our client sets the position requirements and makes all hiring decision
Thank you for your interest!
If your background aligns with our clients needs one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters.
Unfortunately due to high volumes of applicants we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
If your background aligns with our clients needs one of our Recruiters will reach out. Please Check your spam folder and voicemail for messages from our recruiters.
Unfortunately due to high volumes of applicants we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
Key Skills
About Company
National Mortgage Staffing is an executive national recruiting firm dedicated to the Mortgage Industry. Our recruiting staff has over thirty years combined experience in successful job placements with our mortgage clients coast-to-coast. Our recruiters who are placed strategically thr ... View more
