Real Estate Lending Underwriter
Garden City South, United States On-site
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About the role
SimpleCREDIT is a growing private lender, based in Garden City, NY, built for credit professionals who want to underwrite real deals across the investment property and transitional lending space. We focus on core business-purpose lending including DSCR, residential transition, bridge, fix-and-flip, ground-up construction, multi-property and blanket structures, and small development projects, backed by institutional capital, with plans to continue expanding our product and capital access. We are seeking experienced credit and underwriting staff. This is an opportunity to help build a lending platform early, with the ability to influence credit standards and grow with the business while leveraging internal deal flow, shared resources, and long-term expansion plans.
What you'll bring
- 3–7 years underwriting investment property or business-purpose real estate loans
- Direct experience with ground-up construction risk, blanket and portfolio loans, transitional real estate, and DSCR underwriting
- Working knowledge of LTC vs.
- LTV tradeoffs, construction draw risk, cost overruns and contingency analysis, debt yield, DSCR, and exit risk
- Demonstrated ability to evaluate sponsors beyond credit score
- Experience defending or presenting credit decisions in committee or leadership forums
- Proficiency with loan origination and underwriting platforms and Excel-based credit modeling
- Ability to manage a pipeline and work independently across multiple concurrent deals
- Experience with small-balance commercial, multifamily, or mixed-use assets a plus
- Familiarity with institutional capital requirements or fund-level reporting a plus
- Experience mentoring junior underwriters or analysts a plus