Business Purpose Lending Operations Intern

Position Summary

We are seeking a Business Purpose Lending (BPL) Operations intern who will play a crucial role in supporting various teams within the Business Purpose Lending division. This internship offers a unique opportunity to gain hands-on experience in multiple aspects of real estate lending operations, including underwriting, loan management, asset management, and bridge lending. Under the direct supervision of the SVP of Term or Bridge Lending, you will assist with administrative tasks, project coordination, and data analysis across different teams.

Responsibilities & Duties

• Assist in underwriting and closing efforts for commercial debt financing transactions backed by single-family rentals and multi-family rental portfolios.
• Support loan operations staff in processing loan applications, coordinating with borrowers, and managing loan documentation.
• Collaborate with bridge lending team on various projects related to short-term financing, acquisitions, and fix/flip projects.
• Conduct cash flow analysis, underwriting, due diligence, valuation reviews and credit analysis.
• Assist in the preparation of investment committee memorandums.
• Prepare market data research summaries.
• Conduct data analysis, financial modeling, and report preparation to support decision-making processes.
• Communicate effectively with internal teams, borrowers, lenders, third-party vendors, and other stakeholders.
• Maintain accurate records, update databases, and ensure compliance with internal policies and procedures.

Required Experience, Skills, & Competencies

Education and Background:

• Current undergraduates (rising junior and seniors) pursuing a degree in Finance, Economics, Real Estate, or a related field.

Technical Skills:

• Proficiency with Microsoft Excel; financial modelling skills is a plus.
• Strong analytical and organizational skills.
• Previous experience or coursework in commercial lending, real estate finance, or related fields preferred.

Core Competencies

• Intellectual curiosity and a passion for financial markets.
• Strong attention to detail and organizational skills.
• Excellent verbal and written communication.
• Collaborative mindset with a willingness to learn and contribute to team goals.
• Professionalism and adaptability in a fast-paced environment.

Other Requirements

• Available for full-time participation during the summer program (June–August 2026).
• In-office presence required 4 to 5 days a week depending on location and project needs.

A reasonable estimate of the total compensation range for this role is $27/hr.

At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.