Underwriter, Residential Commercial Real Estate

Underwriter, Residential Commercial Real Estate

Location: CT, MA, RI

Salary up to $100,000

New Silver is a fintech company with a mission - helping to improve local communities by providing fast, convenient and flexible capital to real estate investors. We use data and technology to provide our clients with fast approvals and certainty of execution while maintaining high-touch customer service to wow them across the entirety of their journey.

We are proud to be a 2-time Inc. Magazine Regionals Award Winner, a testament to our rapid growth and impact in the fintech and real estate lending space. Our growing company is headquartered in CT, with a global presence. We are driven by our goal to be the fastest lender in the US, so we move quickly, but carefully. Innovation is the name of the game and no idea is too out of the box for us because our motto is: Financing Outside The Box. Join our dynamic team from across the globe and help us lead the charge for real estate investors into the future!

Your Role

As an Underwriter, you'll play a pivotal role in our fast-moving organization. You will be responsible for underwriting and documenting:

• Short-term fix-and-flip and ground-up construction loans
• Long-term DSCR loans for residential investment properties

You will collect, review, and clear borrower documentation, assess collateral risk using our proprietary technology, review appraisals and credit files, and ensure loans are structured and ready for closing. In addition, you will partner with senior team members on portfolio reviews and policy improvements.

This role is ideal for someone who thrives in a high-energy startup environment, makes sound decisions quickly, and is excited to think creatively while maintaining discipline in underwriting standards.

Responsibilities

• Review and clear borrower entity documents, credit/background checks, liquidity, experience, and supporting files
• Communicate with prospective borrowers to obtain additional documentation
• Order and review real estate appraisals, managing the appraisal pipeline end-to-end
• Resolve exceptions with loan advisers and the investment committee
• Draft and request letters of explanation and other borrower documents as needed
• Adjust preliminary loan structures post-appraisal for final approval
• Conduct portfolio reviews to identify risks and recommend credit policy improvements
• Draft, refine, and maintain underwriting and credit policies
• Stay informed on real estate and macroeconomic trends to anticipate market shifts
• Leverage technology tools to ensure compliance and efficiency
• Engage professionally with borrowers, partners, and third-party vendors

Benefits

• Hybrid work environment work from home most days
• Be a core member of a small, dynamic team
• Thrive in a fast-paced, global startup environment
• Make a direct impact by helping real people succeed in business
• 100% employer-covered health, dental, and life insurance
• 401(k) match
• Unlimited vacation and sick days
• Opportunities for rapid growth and promotion

Requirements

• Bachelor's degree (Accounting, Business, Finance, or similar preferred)
• 5+ years of loan processing experience
• Experience with business-purpose loans secured by real estate (strong plus)
• Demonstrated attention to detail and accuracy
• Strong written and verbal communication skills
• Proficiency in Excel (or similar tools)
• Passion for real estate and lending
• Self-motivated with the ability to work independently in a fast-paced setting
• Flexible, resourceful, and resilient under pressure

Environment and Culture

• We work hard, and our efforts are rewarded
• Growth-driven, innovative, and agile
• Available, responsive, and collaborative
• Proud to be a global team of self-starters
• Fast-moving while striving for excellence
• Committed to helping communities rebuild and thrive