Senior Loan Processor & Underwriter

Your specific duties will include: Underwriting & credit judgment — analyze borrower/sponsor/guarantor strength, ownership structure, liquidity, source and use of proceeds, repayment ability, and exit strategy; evaluate collateral, LTV/LTC, lien priority, and cash flow/DSCR where applicable; review appraisals critically rather than at face value; prepare concise credit analyses and recommend approve, revise, or decline with clear rationale. Pipeline leadership & relationships — lead daily origination meetings with clear, accurate status on every file; maintain complete pipeline and relationship records in ACT; build trust with brokers, borrowers, and investors through proactive communication; serve as a senior resource, mentor newer processors, and help refine underwriting templates and closing procedures.

We are a professional staffing firm, working with organizations across the country to place exceptional candidates. Currently, we have a Senior Loan Processor & Underwriter opportunity with our private lending client, where you will own complex, high-value transactions ($2.5M–$5M) from underwriting through funding.

We are looking for a seasoned private-lending professional to independently evaluate sophisticated borrowers, intricate ownership structures, and premium California real estate—applying real credit judgment and decisive problem-solving to protect investor capital while delivering exceptional speed and service.

The Senior Loan Processor & Underwriter will be responsible for below duties.

Your specific duties will include:

• Underwriting & credit judgment — analyze borrower/sponsor/guarantor strength, ownership structure, liquidity, source and use of proceeds, repayment ability, and exit strategy; evaluate collateral, LTV/LTC, lien priority, and cash flow/DSCR where applicable; review appraisals critically rather than at face value; prepare concise credit analyses and recommend approve, revise, or decline with clear rationale.
• Borrower diligence & deal structuring — lead borrower/guarantor interviews covering character, experience, use of proceeds, and business-purpose confirmation; recognize complex issues (trusts, multiple guarantors, subordinate financing, cross-collateralization); help structure amount, pricing, term, reserves, covenants, and protections appropriate to the risk.
• Documentation & closing — issue commitments, applications, disclosures, and borrower checklists; order and coordinate appraisal, title, escrow, insurance, and legal review; review preliminary title for vesting, lien priority, and exceptions; confirm every funding condition is satisfied or documented before funds release.
• Pipeline leadership & relationships — lead daily origination meetings with clear, accurate status on every file; maintain complete pipeline and relationship records in ACT; build trust with brokers, borrowers, and investors through proactive communication; serve as a senior resource, mentor newer processors, and help refine underwriting templates and closing procedures.
• Compliance — confirm business-purpose vs. consumer-purpose classification on every file; ensure adherence to applicable federal and California lending requirements; escalate compliance concerns immediately.

Required qualifications for the position include:

• 5–7+ years in private, hard money, bridge, or commercial lending, with direct underwriting and closing experience on $2.5M+ loans.
• Strong command of borrower/collateral evaluation, cash-flow/liquidity review, exit strategies, and income-property metrics (NOI, DSCR, cap rates).
• Deep expertise in loan and entity documents, title/escrow, insurance, and closing procedures for complex ownership structures (LLCs, LPs, trusts).
• Solid understanding of federal and California business-purpose lending regulations.
• Exceptional judgment, communication, and high-level accuracy with zero margin for error.
• Proficient in mortgage/pipeline systems, Excel, and Word.
• Bachelor’s degree in finance, Real Estate, Business (or equivalent practical experience) preferred.

Pay Rate Range: $110,000 - $140,000 annually, plus performance-based bonus potential

Compensation may vary outside of this range depending on a number of factors, including a candidate's qualifications, skills, competencies, and experience, and location. Employees have access to healthcare benefits, including medical, dental, and vision as well as a 401(k) plan.

Let one of our recruiters assist you in finding and preparing for interviews with our clients. Whether you are interested in a direct hire, temp-to-hire, or temporary position, Workway can help you to put your best foot forward. Contact us today!

Workway, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances. For our complete EEO & Pay Transparency statement, please visit http://www.workway.com/EEO . To receive state and federal compliance posters, e-mail

hr@workway.com

or call 972.514.1515.

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