Director of Underwriting - Builder Finance

About the role

The Director of Underwriting - Builder Finance position at LendingOne is a full-time, on-site opportunity based in Boca Raton, FL. This role is part of a fast-growing lending partner focused on funding real estate investments, particularly for home builders.

Responsibilities

• Underwrite complex builder finance transactions and develop credit analysis and lending recommendations
• Evaluate borrower financial strength, project feasibility, budget, construction schedules, collateral, guarantors, and market risk
• Structure transactions to balance risk while supporting business growth
• Review exceptions and recommend appropriate credit solutions for various lending scenarios
• Develop, maintain, and refine underwriting guidelines that align with scaling the builder finance product
• Monitor market trends, construction risks, and industry best practices to provide reporting, potential issues, and solutions to executive leadership
• Complete periodic loan reviews to ensure underwriting quality and consistency
• Partner with Sales, Closing, Processing, Draw Administration, and Credit to streamline efficiencies in the loan process
• Support technology enhancements and underwriting system improvements that increase efficiency and scalability

Requirements

• Bachelor's degree required; Finance, Business, Economics, Real Estate, or related field preferred
• 7+ years of underwriting, credit risk, or real estate lending experience within new construction or builder finance loan types
• 3+ years of experience within new construction or builder finance, specifically residential single family/town home communities
• Demonstrated ability to create efficient and scalable operations within the Builder Finance market
• Exceptional communication skills paired with an analytical mind - ability to work effectively with various departments company wide to problem solve and achieve initiatives while understanding what it takes to mitigate risk within underwriting and credit for business purpose lending

Qualifications

• Deep expertise in construction finance related to home builders with a strong understanding of budgeting, draw administration, project timelines, borrower risk evaluation, and construction-specific credit considerations

Skills

• Strong analytical and problem-solving skills
• Excellent communication and collaboration abilities
• Experience in underwriting and credit risk management
• Knowledge of construction finance and real estate lending

Benefits

• Competitive base salary and incentive structure
• Full medical, dental, and vision benefits
• Company-matching 401(k) plan
• Paid time off and 10 company-paid holidays
• Work-from-home Fridays
• Career development, training, and internal promotion opportunities
• Team-building events, company lunches, and swag
• Collaborative, inclusive, and fun workplace culture