Underwriting Intern

About the role

Dive into the heart of real estate lending as Lima One Capital's Underwriting Intern, supporting both the Residential Transition Lending (RTL) underwriting teams (Core and Strategic Accounts) and the Multifamily underwriting team. You'll gain hands-on exposure to underwriting workflows across two distinct lending businesses, jumping into process improvement, systems and SOP support, client coordination, deal management, and financial analysis. Reporting to the Underwriting Manager, you'll see firsthand how credit decisions get made and what it takes to move deals forward in a fast-paced, regulated environment. If you're a student fascinated by real estate finance, credit underwriting, and the operational engine behind a lending business, this is your chance to learn by doing and make a real impact.

Responsibilities

• Assist in reviewing, updating, and maintaining Standard Operating Procedures (SOPs) for underwriting workflows
• Support process improvement initiatives aimed at increasing efficiency, consistency, and accuracy across the underwriting pipeline
• Help evaluate and refine systems and tools used in underwriting, including loan origination system workflows and data intake/reporting
• Assist with client-facing coordination, including gathering documentation, tracking outstanding items, and supporting communication between underwriters and brokers/borrowers
• Perform financial and credit analysis in support of underwriting decisions, including borrower financials, deal structure, and collateral analysis
• Support deal management and pipeline tracking to help ensure deals move through stages on schedule and with proper documentation
• Assist with financial spreading and analysis of borrower-provided operating statements (P&Ls, T12s, rent rolls)
• Support preparation of underwriting packages, including market and comparable analysis
• Help maintain data accuracy and consistency across multifamily underwriting models and templates
• Identify inefficiencies or inconsistencies in current workflows and propose practical improvements
• Assist in documenting process changes to support internal knowledge continuity and audit readiness
• Collaborate with underwriters, credit analysts, and operations staff across both RTL and Multifamily teams
• Maintain confidentiality and proper handling of sensitive borrower, deal, and company information at all times, consistent with company policy

Requirements

• Bachelor's degree or pursuing a degree in Real Estate, Finance, or other related field (e.g., Accounting, Economics, Business Administration, or Computer Science/Data Analytics)
• Excellent communication skills, both verbal and written, and ability to read nonverbal cues
• Strong analytical and quantitative skills, with the ability to interpret financial statements and other numeric data
• Advanced proficiency in Microsoft Excel; experience with financial modeling or data analysis is a plus
• Basic knowledge of, or coursework in, computer science, data analytics, or artificial intelligence tools, with an interest in applying technology to improve underwriting processes
• Highly detail-oriented and organized, with the ability to manage multiple tasks and deadlines in a fast-paced environment
• Ability to maintain confidentiality and exercise sound judgment when handling sensitive borrower and company information
• Prior internship, coursework, or project experience in real estate, credit, or financial analysis is a plus but not required

Benefits

• On-the-Job Learning: Roll up your sleeves on projects that matter
• 1-on-1 Time with Senior Leaders: Get insights you won’t find in books
• Learning Sessions: Master Excel, understand credit, and learn to invest
• Internship Outings: Networking meets unforgettable summer experiences
• Bold Culture: Team spirit, celebrations, and a people-first mindset
• Housing assistance available for qualified individuals

Pay

All our interns are paid for the work they perform, hourly rate dependent on position.

Schedule

Onsite in Greenville, SC (parking paid for). Duration: 11 weeks – Monday, May 17th to Friday, July 30th, 2027. Hours: Monday through Friday, 8:30am to 5:30pm.