Private Lending Underwriter

Simpleciti; Village of Garden City (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

SimpleCiti Companies is seeking a Private Lending Underwriter to join their credit team in New York. This role involves evaluating short-term loans, conducting detailed financial modeling, and collaborating on credit analysis. Ideal candidates will have 2-6 years of experience in private lending and a deep understanding of credit metrics.

Qualifications

• 2–6 years of experience in private lending or real estate credit.
• Ability to build financial models in Excel.
• Experience reviewing appraisals and financials.

Responsibilities

• Analyze borrower profiles and market conditions for loan evaluation.
• Draft concise investment memoranda for internal review.
• Coordinate closing activities with borrowers and legal teams.

Skills

Excel

Credit metrics understanding

Strong written communication

Proactive and highly organized

Tools

LendingPad

Liquid Logics

Job description

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Overview

SimpleCITI Companies is a vertically integrated real estate and specialty finance platform built to execute across the full investment lifecycle. Our operating companies specialize in real estate acquisitions, capital markets, brokerage, property management, development, and specialty lending. With expertise in industrial, commercial, mixed-use, and residential real estate, SimpleCITI operates at the intersection of capital deployment, operational execution, and long-term value creation.

Our Real Estate Verticals Include

• SimpleEQUITIES (Private Equity Real Estate)
• SimpleADVISORY (Investment Advisory)
• SimpleMANAGE (Property Management)
• SimpleBRICKS (Development)
• SimpleREALTY ADVISORS (Brokerage & Leasing)

Job Description

SimpleCREDIT is seeking a detail-oriented and execution-driven Private Lending Underwriter to join our growing credit team. In this high-impact role, you will evaluate, structure, and manage short-term bridge and construction loans across residential transitional assets including ground-up development, rehab, and small multifamily projects.

You’ll work directly with the founder and capital partners, applying institutional-level discipline to credit analysis while operating with the speed and flexibility of a boutique lender. This is an opportunity to shape the credit infrastructure of a next-generation private lending platform.

Loan Evaluation & Underwriting

• Analyze borrower profiles, market conditions, project budgets, and exit strategies
• Underwrite loans for rehab, rental, and ground-up residential projects
• Conduct detailed financial modeling, including pro formas, comp analysis, and budget reviews
• Evaluate creditworthiness and collateral strength using LTV, LTC, ARV, and other key metrics
• Draft concise investment memoranda for internal and capital partner review

Due Diligence & Structuring

• Order and review appraisals, title reports, insurance, contractor profiles, and other third-party reports
• Recommend loan terms and structures aligned with SimpleCREDIT’s risk parameters and credit box
• Collaborate with legal counsel to ensure compliance with underwriting standards and documentation
• Assist in setting covenants and draw schedules for construction and rehab loans

Closing & Process Execution

• Coordinate closing activities with borrowers, legal teams, title companies, and internal stakeholders
• Ensure timely, accurate documentation and information flow from term sheet to funding
• Maintain loan files, data integrity, and communication logs throughout the loan lifecycle

Platform Development & Internal Ops

• Help build and refine underwriting SOPs, loan grading systems, and credit workflows
• Identify operational inefficiencies and suggest process improvements
• Contribute to the development of reporting templates and risk management tools

Requirements

• 2–6 years of experience in private lending, real estate credit, or fix-and-flip underwriting
• Proficient in Excel with ability to build models from scratch
• Deep understanding of credit metrics: LTV, LTC, ARV, DSCR, etc.
• Experience reviewing appraisals, title reports, scopes of work, and borrower financials
• Strong written communication skills and ability to clearly articulate credit decisions
• Highly organized, proactive, and execution-oriented
• Bonus: Experience with LendingPad, Liquid Logics, or other LOS/LMS systems
• Bonus: Familiarity with NY/NJ/CT/PA markets or licensure as MLO or real estate agent

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Finance and Sales

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