Underwriter - Real Estate Purpose Lending

About the Role

While professional experience and qualifications are key for this role, make sure to check you have the preferable soft skills before applying if required.
Trentium Capital is hiring an experienced Underwriter to join our business-purpose real estate lending team in our Fort Lauderdale office.
This role is responsible for underwriting loans to real estate investors, builders, and developers across ground-up construction, fix & flip, bridge, DSCR, and large-balance residential investment transactions.We are not looking for a traditional consumer mortgage underwriter or someone who simply works through a checklist. The right candidate understands real estate, sponsor strength, project economics, leverage, collateral, and exit strategy and can quickly determine what makes a transaction work—or what makes it too risky.
You will work closely with originations, processing, closing, capital markets, and leadership to structure transactions, identify risk, establish conditions, and move quality loans from initial review through approval and closing.
What You’ll Do
Underwrite business-purpose real estate loans from initial submission through final approvalAnalyze sponsor and guarantor credit, liquidity, net worth, experience, and financial capacityReview borrower and entity structuresAnalyze purchase price, cost basis, payoff, project costs, sources and uses, and requested loan amountReview construction and renovation budgetsEvaluate sponsor experience relative to project size and complexityReview appraisals and analyze current value, as-is value, ARV, and collateral riskCalculate and evaluate LTC, LTV, LTARV, DSCR, and other applicable leverage metricsAnalyze ground-up construction and fix & flip projects, including remaining costs and completion riskUnderwrite acquisition, bridge, refinance, recapitalization, and qualifying cash-out transactionsReview DSCR transactions and rental incomeAnalyze credit reports, background reports, bank statements, personal financial statements, schedules of real estate, entity documents, and supporting financial informationEvaluate loan purpose, project feasibility, exit strategy, and repayment riskIdentify exceptions, weaknesses, and compensating factorsPrepare clear credit recommendations for approvalEstablish underwriting conditions and determine what is required to closeWork with originators to structure transactions within Trentium’s lending programsCommunicate underwriting decisions and credit concerns clearly and efficientlyHelp find reasonable structures for good transactions without compromising credit qualityMaintain accurate underwriting information in Trentium’s loan origination systemsHelp improve underwriting processes and credit workflows as Trentium scales
What We’re Looking For
We are especially interested in candidates with underwriting experience in:Private / hard-money lendingBusiness-purpose real estate lendingResidential transition lendingGround-up constructionFix & flip / rehabBridge lendingDSCR / investor lendingResidential investment real estateSmall-balance commercial real estate lending
Strong candidates should be comfortable independently evaluating:Sponsor experienceCredit and financial capacityLiquidity and net worthConstruction and renovation riskReal estate collateralProject economicsLTC, LTV, LTARV, and DSCRLoan structureExit strategyEntity and guarantor structureExceptions and compensating factors
We value underwriters who understand the difference between a manageable exception and a bad loan.You should be analytical and detail-oriented while also understanding that private lending is an execution-driven business. We want someone who can protect the company’s credit standards without creating unnecessary friction or delays on transactions that make sense.Traditional consumer mortgage underwriting experience alone is generally not the profile we are looking for.
What Success Looks Like
A strong Trentium underwriter should be able to quickly answer:Is this a good real estate loan?How much should we lend?What are the material risks?Does the sponsor have the experience and financial capacity to execute?Does the collateral support the requested leverage?Is the exit strategy realistic?What conditions or structural changes are needed to get comfortable?Is there a reasonable way to get the transaction done?
We are looking for someone who takes ownership, communicates clearly, makes sound credit decisions, and understands that underwriting plays an important role in both risk management and execution.About Trentium CapitalTrentium Capital is a private, business-purpose real estate lending platform serving real estate investors, builders, and developers nationwide.
Our lending platform includes:Ground-up constructionFix & flip / rehabBridgeDSCRLarge-balance and luxury residential lendingSingle-asset transactions ranging approximately from $250K to $15MM
We are building Trentium around speed, certainty of execution, white-glove service, strong lending products, technology, and disciplined credit decision-making.
Our goal is to build an underwriting organization capable of moving quickly and intelligently while maintaining strong credit quality as the company scales.
LocationThis is a full-time, in-office position based in Fort Lauderdale, Florida.Candidates should be able to work from Trentium’s Fort Lauderdale office five days per week.
Growth Opportunity
Trentium is continuing to scale its lending platform nationally. xzbcwsv High-performing team members will have opportunities to take on greater responsibility as the company grows, including potential paths into senior underwriting, credit, and lending leadership roles.