Construction Underwriter II

Park Place Finance, LLC - Hard Money Lender; Miami (FL); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation package

100% company‑paid health insurance

Retirement plan with 4% company match

Job summary

A nationwide private lender is seeking a detail‑oriented Construction Underwriter II to join its operations team in Miami, FL. The role involves performing risk assessments, preparing credit memos, and underwriting various loans. Candidates should have 3+ years of experience in construction underwriting and possess strong analytical skills. The position offers a competitive compensation package, including company‑paid health insurance and a retirement plan.

Qualifications

• 3+ years of underwriting experience in Multi‑Unit and Multi‑Use residential construction.
• Familiarity with entity structures (LLCs, Corporations, Trusts).
• Ability to work independently in a deadline‑driven, high‑volume environment.

Responsibilities

• Perform complete risk assessments (borrower, market, collateral, and construction).
• Prepare comprehensive credit memos summarizing all findings.
• Recommend loan structures to mitigate identified risks.

Skills

Analytical thinking

Problem-solving

Attention to detail

Communication skills

Education

Bachelor's degree in Finance, Urban Development, Construction Management, Civil Engineering, or Risk Management

Tools

Loan Origination Systems (LendingWise, Encompass, Salesforce)

Job description

Park Place Finance is a fast‑growing, nationwide private lender specializing in non‑owner‑occupied residential fix‑and‑flips, ground‑up construction, and DSCR loans. We focus on health, wealth, and professional development, building careers and long‑lasting relationships.

Position Overview

We are looking for a detail‑oriented, analytical Construction Underwriter II to join our operations team. This individual will play a key role in the evolution of our Multi‑Family and Mixed‑Use construction department. The candidate should have a minimum of 3 years of direct underwriting and credit analysis for construction lending and a bachelor’s degree in Finance, Urban Development, Construction Management, Civil Engineering, or Risk Management is a plus.

Responsibilities

• Perform complete risk assessments (borrower, market, collateral, and construction).
• Prepare comprehensive credit memos summarizing all findings.
• Recommend loan structures to mitigate identified risks.
• Coordinate third‑party reports (appraisal, environmental, cost review).
• Underwrite Bridge, Renovation, Ground‑Up Construction, and DSCR loans in accordance with company guidelines and investor overlays.
• Analyze construction budgets, scopes of work, and project timelines to ensure feasibility.
• Maintain clear, actionable documentation supporting all underwriting decisions.
• Apply judgment on exceptions and propose well‑supported decisions for approval, counter‑offer, 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.

Requirements

• 3+ years of underwriting experience in Multi‑Unit and Multi‑Use residential construction.
• Familiarity with entity structures (LLCs, Corporations, Trusts).
• Strong analytical, critical thinking, and problem‑solving abilities.
• High attention to detail and a risk‑management mindset.
• Excellent written and verbal communication skills.
• Ability to work independently in a deadline‑driven, high‑volume environment.

Preferred Experience

• Experience with Loan Origination Systems (e.g., LendingWise, Encompass, Salesforce, or custom LOS platforms).
• Experience working with brokers and investor guidelines.

Benefits

• Competitive compensation package.
• 100% company‑paid health insurance (medical, dental & vision).
• Retirement plan with 4% company match.
• Entrepreneurial culture focused on growth & excellence.
• Opportunities to expand skill set across multiple loan products.

Job Details

• Location: Miami, FL
• Employment Type: Full‑time
• Seniority Level: Associate
• Job Function: Other
• Industries: IT Services and IT Consulting