Park Place Finance, LLC - Hard Money Lender ยท 1 week ago
Renovation Underwriter II | Hard Money
United States
Full-time
Remote
Mid LevelPark Place Finance is a fast-growing, nationwide private lender specializing in non-owner-occupied residential fix-and-flips and construction loans. They are seeking a detail-oriented Underwriter II to evaluate and decision their suite of Business Purpose Loans, focusing on analyzing borrower creditworthiness and providing risk-based recommendations.
FinanceFinancial ServicesLending
Responsibilities
Underwrite Bridge, Renovation, Ground-Up Construction, and DSCR loans in accordance with company guidelines and investor overlays
Evaluate borrower profiles including creditworthiness (business and/or individual), DSCR metrics, exit strategies, and collateral
Interpret property valuations (BPOs, appraisals, AVMs) and flag for inconsistencies
Analyze construction budgets, scopes of work, and project timelines to ensure feasibility of projects
Review loan files including credit reports, bank statements, leases, title, insurance, and entity documents
Maintain clear, actionable documentation supporting all underwriting decisions
Apply judgment on exceptions and propose well-supported decisions for approval, counteroffer, or decline
Partner with originators, processors, and leadership to ensure smooth file flow and pipeline efficiency
Communicate proactively to resolve conditions, meet deadlines, and accelerate closing timelines
Qualification
Required
Detail-oriented and analytical skills
Strong background in RTL and DSCR products
Experience in underwriting Bridge, Renovation, Ground-Up Construction, and DSCR loans
Ability to evaluate borrower profiles including creditworthiness, DSCR metrics, exit strategies, and collateral
Skill in interpreting property valuations (BPOs, appraisals, AVMs) and flagging inconsistencies
Experience analyzing construction budgets, scopes of work, and project timelines
Ability to review loan files including credit reports, bank statements, leases, title, insurance, and entity documents
Maintain clear, actionable documentation supporting all underwriting decisions
Ability to apply judgment on exceptions and propose well-supported decisions for approval, counteroffer, or decline
Strong communication skills to partner with originators, processors, and leadership
Ability to communicate proactively to resolve conditions, meet deadlines, and accelerate closing timelines
Company
Park Place Finance, LLC - Hard Money Lender
We are your nationwide direct lender, funding your investment properties in a matter of days.
Founded in 2007
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Justin Hubbert
Mortgage Broker
Recent News
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