Construction Underwriter II

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.

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.

• 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.

• 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.

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

• 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.

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