Loan Underwriter

BD Capital is a private lending firm focused on providing flexible, asset-based financing solutions for real estate investors across the country. We specialize in bridge, construction, and rental property loans, supporting borrowers through acquisitions, refinances, and ground-up development projects.

Our platform is built around speed, transparency, and execution. We pride ourselves on moving quickly from term sheet to closing while maintaining disciplined underwriting and a consistent, scalable process. Our team works closely with borrowers and brokers to navigate complex deals, ensuring clear communication and a streamlined experience from start to finish.

At BD Capital, we are not just transaction-focused, we aim to build long-term relationships with our clients by being a reliable capital partner across multiple projects. Internally, we emphasize collaboration, accountability, and continuous process improvement to support our growth and deliver a high level of service on every deal.

We are looking for an Underwriter who thrives in a fast paced, entrepreneurial growth environment. This individual will manage a pipeline of DSCR mortgage loans.

This person will ensure customers have a smooth and timely transition through the mortgage process, proactively managing all credit and asset related issues, approving loans within assigned authority, and communicating underwriting pipeline status to constituents.

• Perform in-depth review of loans, evaluating credit, collateral, income, assets, entity, general contractor, and title, among other factors.
• Prepare timely, high-quality credit and asset analysis with narratives that accurately describe the transaction along with risk and mitigating factors associated with the loan.
• Review and approve third party reports including property appraisals, physical needs assessments, environmental reports, and zoning reports.
• Perform stress testing scenarios on construction projects and stabilized income producing real estate properties, as required.
• Review and analyze mortgage underwriting files to determine compliance with program guidelines, investor requirements, and regulatory standards.
• Approve loans within credit authority or determine if additional conditions / documentation is required.
• Provide loan scenario analysis and/or pre‑approval reviews to sales team to render a decision.
• Assist post‑closing in clearing deficiencies and responding to internal / external audits.
• Make recommendations to management for exceptions to loans outside credit authority.
• Monitor the underwriting pipeline to ensure daily expected service levels can be met for assigned work.
• Provide an evidence‑based feedback loop to management to improve underwriting technology implementation, adjustments to the credit box, and underwriting processes.
• Prepare reports giving executives visibility into underwriting pipeline, portfolio performance, and associated credit risk attributes.
• Manage and train junior underwriters and other employees, as required.
• Interact with business partners, vendors, investors, and consultants, as required.
• Maintain and update the Underwriting Policy and Procedure Manual.
• Ad hoc projects, as assigned.

• Deep knowledge of mortgage underwriting concepts, practices and procedures.
• Must have significant experience underwriting DSCR loans for multiple investor takeouts
• In-depth understanding of property operating statements, leases, rent rolls, real estate schedules and the ability to perform detailed cash flow analysis using CRE templates.
• Extensive knowledge of credit analysis, loan structuring, entity review, and asset review.
• Experience creating and implementing underwriting metrics and data analytics.
• Experience developing business requirements and configuring underwriting systems a plus.
• Strong working knowledge of Google Sheets, MS office and Sharepoint.
• Strong attention to detail
• Well‑developed communication and interpersonal skills with an emphasis on customer service and teamwork.
• Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently within established time frames.
• Naturally…