Underwriter

Pipeline Management

Support the efficient management of both the underwriting and closing pipelines, ensuring timely desk underwrites and successful loan closings, measured by the number and dollar value of completed loans.

Property Valuation

Utilize various resources, including public records, Zillow, Redfin, Realtor, and Trulia, to analyze comparable sales data and determine accurate property values (as-is and after-repair value).

Risk Mitigation

• Develop a comprehensive analysis of project risks for each new loan.
• Review borrower-related documentation (e.g., credit reports, liquidity statements) to ensure alignment with established criteria.
• Judge borrowers' creditworthiness based on thorough analysis of associated risks.
• Collaborate with the production team to develop terms and pricing for pre-qualified loans.
• Clearly present feedback and recommendations on funding decisions, supported by data.
• Review loan structure to define conditions that align with valuation and established criteria.

Documentation and Compliance

Assist the loan production team by ensuring all necessary documents are collected for properties associated with loans.

Third-Party Coordination

Work with third-party appraisal firms when discrepancies in valuation methods arise.

Policy Exceptions

Identify, review, and approve or reject policy exceptions and material issues, escalating to management when required.

Due Diligence

Complete property-related research in unique situations and document clear notes on findings during the due diligence process.

Delegated Work

Take on larger portions of delegated work assignments, including more complex loan scenarios.

Team Support

Assist team leads and managers in hiring, training, and onboarding new Real Estate Analysts.

Process Improvement

Serve as a curator for ideas to enhance operational efficiency, delivery, and employee experiences.

Requirements

• Detail-Oriented: You have an eye for precision and ensure that all loan-related documentation and processes are handled accurately.
• Risk Management: A strong focus on risk, developing strategies to mitigate it while ensuring the timely closing of loans.
• Team Player: Collaborative mindset, working with multiple teams to ensure smooth operations and loan progression.
• Proactive: You take initiative and work independently to solve complex loan scenarios and improve workflows.
• Adaptability: Take on additional responsibilities as needed, with job duties subject to change.

Benefits

• Innovative Environment: Be part of a forward-thinking company at the forefront of the construction finance industry, with access to cutting-edge technology and resources.
• Work Flexibility: Enjoy a flexible work environment that allows you to balance professional success with your personal life.
• National Impact: Join a nationwide operation making a significant impact on real estate development and home building across the U.S.
• Health Insurance: Casa Lending pays 100% of your medical insurance premiums, offering both PPO and HSA plans.
• Competitive Compensation: We offer competitive salaries that reflect your expertise and contributions.
• Paid Time Off: Take time to recharge with 3 weeks of paid time off each year.
• Paid Holidays: Enjoy 10 paid holidays annually to spend quality time with family, friends, or on personal interests.

Pay

The total compensation for this role ranges from $60,000 - $75,000 annually, depending on experience and qualifications.

Schedule

This is a full-time, exempt position.