Lima One Capital LLC
Underwriter II
Lima One Capital LLC, Irvine, California, United States, 92713
Job Type
Full-time
Description
Lima One Capital has an exciting opportunity for an Underwriter II to join our quickly growing Operations Team. This role focuses on analyzing and verifying loan applications, evaluating financial risks, and making final decision on eligibility for all loan applicants. An Underwriter II must possess the ability to exercise sound judgement based on detailed analysis and ensure all documentation follows underwriting guidelines.
Responsibilities
Determining creditworthiness and financial well-being of sponsor Underwriting of both borrower and property Assessing and approving exception requests from sales team Determining viability and risk concerns of incoming appraisals Collaborate with Director and underwriters for Credit Review Committee meetings Reviewing and verifying loan applications and supporting documentation Analyzing loan risk and requesting additional information as necessary Preparing reports on assessment findings to Directors and ELT members Making loan eligibility decisions and approving or rejecting applications Reviewing and specifying loan conditions as necessary Ensuring compliance with regulatory standards Ensuring compliance with company policies and guidelines Documenting and effectively communicating reasons for the approval/rejection of loans Requirements
5+ years of underwriting experience Excellent communication skills Strong analytical skills including critical thinking, data analysis, and problem solving Highly organized, detail oriented, and strong prioritization skills Proficient with Microsoft Office Suite Education and Qualifications
Bachelor's degree 5+ years of underwriting experience What We Offer
Medical, Dental and Vision benefits Life, Short-Term Disability, Long-Term Disability 401K with company match Excellent training PTO, sick days and holidays 4 work from home days per month Parental Leave Great Culture Paid parking Personal and professional development opportunities
About Lima One Capital:
Lima One Capital is the nation's premier lender for real estate investors. Recognized by the Inc.5000 as one of America's fastest growing companies, Lima One specializes in providing real estate investors with financing for their rental, fix-and-flip, and multifamily properties. The company, founded by Marines, is distinguished as one of South Carolina's Best Places to Work and Top Workplaces. Lima One is headquartered in downtown Greenville, South Carolina, and markets its lending products over a national footprint of 45 states and the District of Columbia. Learn more about us at www.limaone.com/employment.
Lima One Capital does not sponsor H1B Visas. To be considered for employment, a candidate must be authorized to work in the United States for any employer and not require sponsorship, now or in the future.
Salary Description
$82,800-$121,000
Full-time
Description
Lima One Capital has an exciting opportunity for an Underwriter II to join our quickly growing Operations Team. This role focuses on analyzing and verifying loan applications, evaluating financial risks, and making final decision on eligibility for all loan applicants. An Underwriter II must possess the ability to exercise sound judgement based on detailed analysis and ensure all documentation follows underwriting guidelines.
Responsibilities
Determining creditworthiness and financial well-being of sponsor Underwriting of both borrower and property Assessing and approving exception requests from sales team Determining viability and risk concerns of incoming appraisals Collaborate with Director and underwriters for Credit Review Committee meetings Reviewing and verifying loan applications and supporting documentation Analyzing loan risk and requesting additional information as necessary Preparing reports on assessment findings to Directors and ELT members Making loan eligibility decisions and approving or rejecting applications Reviewing and specifying loan conditions as necessary Ensuring compliance with regulatory standards Ensuring compliance with company policies and guidelines Documenting and effectively communicating reasons for the approval/rejection of loans Requirements
5+ years of underwriting experience Excellent communication skills Strong analytical skills including critical thinking, data analysis, and problem solving Highly organized, detail oriented, and strong prioritization skills Proficient with Microsoft Office Suite Education and Qualifications
Bachelor's degree 5+ years of underwriting experience What We Offer
Medical, Dental and Vision benefits Life, Short-Term Disability, Long-Term Disability 401K with company match Excellent training PTO, sick days and holidays 4 work from home days per month Parental Leave Great Culture Paid parking Personal and professional development opportunities
About Lima One Capital:
Lima One Capital is the nation's premier lender for real estate investors. Recognized by the Inc.5000 as one of America's fastest growing companies, Lima One specializes in providing real estate investors with financing for their rental, fix-and-flip, and multifamily properties. The company, founded by Marines, is distinguished as one of South Carolina's Best Places to Work and Top Workplaces. Lima One is headquartered in downtown Greenville, South Carolina, and markets its lending products over a national footprint of 45 states and the District of Columbia. Learn more about us at www.limaone.com/employment.
Lima One Capital does not sponsor H1B Visas. To be considered for employment, a candidate must be authorized to work in the United States for any employer and not require sponsorship, now or in the future.
Salary Description
$82,800-$121,000