BPL Underwriter - Valere Commercial

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.

A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.

CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.

About Valere Commercial:

Part of the CrossCountry family of companies, Valere Commercial is a private real estate lender built for the modern investor. We offer flexible, fast, and scalable lending solutions backed by strong capital and a commitment to long-term client success. Our platform is designed to support real estate entrepreneurs - not just for one deal, but across their entire investment journey. You’ll be part of a company that’s agile, well-capitalized, and built to scale. We move fast, think big, and empower our team to do the same.

Valere Commercial’s core focus is on business purpose loans, including but not limited to the following products: investor bridge, fix-and-flip, ground-up construction (1-4 family and multi-family), multi-family term, cross-collateralized, and builder finance.

Position Overview:

The BPL Underwriter is an experienced mortgage professional specializing in complex transactions including fix and flip, multifamily, senior bridge, and construction loans. This role demonstrates skill in structuring deals, analyzing financial and property valuations, and ensuring compliance with company policies and regulatory standards. The BPL Underwriter collaborates cross-functionally with production, closing, and legal teams to deliver tailored lending solutions and drive successful loan execution.

Job Responsibilities:

• Lead the underwriting process while managing deal timelines, developing credit recommendations, and ensuring compliance with company policies.
• Work directly with production teams to develop loan structures that will meet clients’ financial objectives; develop and maintain strong relationships with production and closing departments.
• Prepare underwriting narratives and independent cash flow estimates, focusing on large, complex transactions, including multifamily, senior bridge and construction loan deals.
• Evaluate the market competitiveness of the proposed collateral and determine the economic feasibility of transactions; conduct detailed economic and market research.
• Model and review cash flows, financial statements, and analyze property valuations.
• Review third party reports from vendors such as appraisers, surveyors, and engineers to ensure compliance with all requirements.
• Collaborate with loan officers, loan closers, and legal counsel to move loan requests through the approval and closing process.
• Conduct and participate in customer meetings and conference calls.
• Present recommendations to the appropriate levels, including all key documentation. (term sheets, applications, commitments, credit memos, etc.)
• Crosstrain across Valere’s various products and exit strategies to cultivate ability to underwrite a variety of deal types.

Qualifications and Skills:

• Bachelor’s Degree in Statistics, Business, Finance, Accounting or Economics, preferred.
• 5+ years of experience underwriting Single, Multifamily and Commercial Real Estate Loans; experience with building or utilizing cash flow model technologies, preferred.
• Completion of a formal commercial loan underwriting training program (Ex. Omega), preferred.
• Experienced in high-volume environments, efficiently managing assignments to consistently meet deadlines.
• Skilled in prioritizing tasks and avoiding distractions to meet deadlines without direct supervision in a remote work environment.
• Experience with Moody’s Credit Lens, preferred.
• Advanced knowledge of commercial real estate underwriting, including the development of cash flow forecasts and pricing metrics.
• Excellent oral and written communication skills.
• Proficient in Microsoft Office Suite.
• Ability to travel as needed to execute the expectations of the role.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.

Pay Range:

• Hourly Rate: $48.08-$57.69
• Bonus: Eligible for discretionary bonus incentive.

The posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position

Originally posted on Himalayas