SENIOR LOAN PROCESSOR & UNDERWRITER

Private Lending | Business & Investment Purpose Real Estate Loans | Full-Time, In-Office

Alliance Portfolio is scaling its average loan size from roughly $1.2M-$1.5M to $2.5M-$5M and needs a seasoned private-lending professional who can independently underwrite, process, and close larger, more complex transactions: sophisticated borrowers, ownership structures, and premium California real estate. This is not an entry-level or administrative role. The successful candidate will own each transaction from accepted request through funding, applying disciplined credit judgment and decisive problem-solving while protecting investor capital and preserving the speed and responsiveness that distinguish private lending.

Position Snapshot & Performance Expectations

• Annual production: $150M in closed origination volume (~$35M per quarter).
• Loan size & volume: $1.5M-$5M target loan size; ~60-80 closings annually depending on transaction mix.
• Initial response: Preliminary commitment/term sheet within 1 business hour of complete deal information and internal approval.
• File launch: Borrower package, timeline, and interview scheduled; appraisal, prelim title, escrow, and insurance ordered within 1 business day of accepted commitment.
• Closing speed: Close within ~10 business days of signed commitment, subject to borrower cooperation and timely due diligence.
• Risk & accuracy: Escalate material credit, collateral, title, or compliance issues immediately; maintain complete files with no preventable closing errors.
• Pipeline & relationships: Daily, concise pipeline updates; Alliance relationship discipline with priority brokers; all activity documented in a CRM; prompt post-closing/cancellation appreciation outreach.

Key Responsibilities

• 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.

Qualifications

• 5-7+ years of progressively responsible experience in private money, hard money, bridge, commercial, or business-purpose mortgage lending, with substantial hands-on underwriting and closing responsibility on loans of $2.5M or greater.
• Strong command of borrower/guarantor and collateral analysis, cash-flow and liquidity review, sources and uses, exit analysis, and credit presentation.
• Deep knowledge of loan, credit, and entity documents; title and escrow requirements; insurance; appraisals; promissory notes, deeds of trust, assignments, guaranties; and closing procedures.
• Working knowledge of income-property analysis (NOI, DSCR, cap rates, rent rolls) and sophisticated ownership structures (LLCs, LPs, trusts, syndications).
• Working knowledge of federal and California requirements for business-purpose lending, with the ability to identify and escalate consumer-purpose or compliance concerns.
• Exceptional organization, written and verbal communication, and judgment. This role has no margin for casual errors or incomplete follow-through.
• Proficiency with mortgage-industry software, CRM/pipeline systems, PDF tools, Word, and Excel.
• Bachelor's degree in finance, real estate, accounting, business, or a related field preferred, or equivalent depth of practical lending experience.

Preferred: committee presentation experience; established California title/escrow/appraisal/insurance/legal relationships; bridge, value-add, or construction lending experience; experience mentoring team members or improving underwriting systems.

The Person Who Will Thrive Here

• Sound judgment: analytical without paralysis, decisive without carelessness, willing to challenge assumptions respectfully.
• Ownership: treats every file, deadline, and communication as their responsibility until the transaction is complete.
• Grace under pressure: calm, clear, and constructive when transactions become complicated or time-sensitive.
• Trustworthy: protects confidential information, investor capital, and the company's reputation with integrity.
• Professional confidence: communicates credibly with experienced borrowers, brokers, investors, and executives.
• Positive contribution: hardworking, self-motivated, systematic, cooperative, persistent, with a sense of humor and perspective.

Employment Details

• Full-time, in-office; eight-hour shift, approximately 40 hours per week.
• Compensation: $110,000-$140,000 annually, commensurate with experience and the increased scope/complexity of this role, plus performance-based bonus potential.
• Benefits after 90 days: 401(k) with company match, health, dental, vision, and life insurance, and paid time off.

Sound judgment. Disciplined execution. Extraordinary service. Integrity.

Job Type: Full-time

Pay: $110,000.00 - $140,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Application Question(s):

• What are you currently doing?  Why are you seeking a new position?
• Tell us a good joke!

Experience:

• Loan processing: 5 years (Required)

Work Location: In person