Underwriter - Real Estate Purpose Lending

Job Description

About the Role\n

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.

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• Underwrite business-purpose real estate loans from initial submission through final approval
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• Analyze sponsor and guarantor credit, liquidity, net worth, experience, and financial capacity
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• Review borrower and entity structures
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• Analyze purchase price, cost basis, payoff, project costs, sources and uses, and requested loan amount
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• Review construction and renovation budgets
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• Evaluate sponsor experience relative to project size and complexity
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• Review appraisals and analyze current value, as-is value, ARV, and collateral risk
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• Calculate and evaluate LTC, LTV, LTARV, DSCR, and other applicable leverage metrics
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• Analyze ground-up construction and fix & flip projects, including remaining costs and completion risk
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• Underwrite acquisition, bridge, refinance, recapitalization, and qualifying cash-out transactions
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• Review DSCR transactions and rental income
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• Analyze credit reports, background reports, bank statements, personal financial statements, schedules of real estate, entity documents, and supporting financial information
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• Evaluate loan purpose, project feasibility, exit strategy, and repayment risk
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• Identify exceptions, weaknesses, and compensating factors
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• Prepare clear credit recommendations for approval
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• Establish underwriting conditions and determine what is required to close
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• Work with originators to structure transactions within Trentium’s lending programs
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• Communicate underwriting decisions and credit concerns clearly and efficiently
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• Help find reasonable structures for good transactions without compromising credit quality
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• Maintain accurate underwriting information in Trentium’s loan origination systems
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• Help improve underwriting processes and credit workflows as Trentium scales
  
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We are especially interested in candidates with underwriting experience in:

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• Private / hard-money lending
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• Business-purpose real estate lending
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• Residential transition lending
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• Ground-up construction
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• Fix & flip / rehab
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• Bridge lending
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• DSCR / investor lending
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• Residential investment real estate
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• Small-balance commercial real estate lending
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Strong candidates should be comfortable independently evaluating:

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• Sponsor experience
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• Credit and financial capacity
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• Liquidity and net worth
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• Construction and renovation risk
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• Real estate collateral
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• Project economics
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• LTC, LTV, LTARV, and DSCR
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• Loan structure
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• Exit strategy
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• Entity and guarantor structure
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• Exceptions and compensating factors
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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 .

A strong Trentium underwriter should be able to quickly answer:

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• Is this a good real estate loan?
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• How much should we lend?
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• What are the material risks?
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• Does the sponsor have the experience and financial capacity to execute?
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• Does the collateral support the requested leverage?
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• Is the exit strategy realistic?
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• What conditions or structural changes are needed to get comfortable?
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• Is there a reasonable way to get the transaction done?
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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 .

Trentium Capital is a private, business-purpose real estate lending platform serving real estate investors, builders, and developers nationwide .

Our lending platform includes:

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• Ground-up construction
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• Fix & flip / rehab
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• Bridge
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• DSCR
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• Large-balance and luxury residential lending
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• Single-asset transactions ranging approximately from $250K to $15MM
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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.

This 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 .

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• Trentium is continuing to scale its lending platform nationally. 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 .
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