Senior SBA Underwriter - Remote, High-Impact Lending

Windsor Advantage, LLC; United States; Remote; USD 65,000 - 95,000; Full time

Benefits offered by this job

Health benefits

Life insurance

Disability insurance

Paid parental leave

Tuition reimbursement

401k

Job summary

Windsor Advantage LLC is seeking an SBA Underwriter II to support lenders by preparing eligibility pre-assessments, borrower checklists, document collection, and Credit Summaries for SBA eligibility.

The role requires 3+ years in commercial/SBA loan underwriting, strong credit analysis, and excellent communication. This is a 100% remote role with a comprehensive benefits package and opportunities to advance within a national lender services organization.

Qualifications

• Bachelor’s Degree in Finance or Accounting; or equivalent relevant experience.
• Minimum 3 years of commercial loans and/or SBA/USDA loan experience.
• Recent underwriting experience in a high-volume environment with full knowledge of lending requirements, regulations, and procedures for conventional, SBA and USDA loan programs preferred.

Responsibilities

• Prepare, review, and analyze the creditworthiness of all applicant’s loan requests by spreading company and personal financial statements.
• Manage loan applications, assist various Lenders, Banks, and Credit Unions with their borrowers by communicating via email and phone to determine if the loan is a candidate for the SBA Loan Program.
• Inform Lender of the SBA guidelines for loan structure maximum rate and term; assist lender in preparing the sources and uses of the loan request; review construction budget, inventory, FF&E costs, purchase agreements, debt refinance analysis, etc.
• Prepare a collateral table to assess asset adequacy and apply SBA liquidation percentages to determine net value.
• Discuss business overview, market area, and competitive landscape; compare NAICS to Coleman statistics and FRAN data for trends.
• Spread historical and projected financials to determine cash flow and repayment to meet SOP DSC of 1.15x or better; analyze assumptions.

Skills

Credit analysis

SBA/USDA loan knowledge

Financial statement spreading

Communication skills

Proactive problem solving

Attention to detail

Microsoft Office

Education

Bachelor’s Degree in Finance or Accounting

Tools

Microsoft Office Suite

Job description

Windsor Advantage LLC is seeking an SBA Underwriter II to support lenders by preparing eligibility pre-assessments, borrower checklists, document collection, and Credit Summaries for SBA eligibility.

The role requires 3+ years in commercial/SBA loan underwriting, strong credit analysis, and excellent communication. This is a 100% remote role with a comprehensive benefits package and opportunities to advance within a national lender services organization.