Renovation Underwriter II (Hard Money)

ABOUT PARK PLACE FINANCE

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. But what truly sets us apart is how we do it.. You’ll find a team that rallies together, celebrates wins, and keeps raising the bar.

With a focus on health, wealth, and professional development, we’re not just funding deals — we’re building careers & long-lasting relationships.

POSITION OVERVIEW

We are looking for a detail-oriented, analytical Underwriter II to join our operations team who will play a key role in evaluating and decisioning our full suite of Business Purpose Loans — including Residential Transitional Loans (RTL), DSCR (non-consumer), Bridge, Ground-Up Construction, and Portfolio products.

Responsibilities include evaluating borrower creditworthiness, analyzing loan structures, reviewing collateral, and providing clear, risk-based recommendations. This is an experienced-level underwriting role ideal for someone with a strong background in RTL and DSCR products who thrives in a fast-paced environment.

RESPONSIBILITIES

• Underwrite Bridge, Renovation, Ground-Up Construction, and DSCR loans in accordance with company guidelines and investor overlays
• Evaluate borrower profiles including creditworthiness (business and/or individual), DSCR metrics, exit strategies, and collateral
• Interpret property valuations (BPOs, appraisals, AVMs) and flag for inconsistencies
• Analyze construction budgets, scopes of work, and project timelines to ensure feasibility of projects

• Review loan files including credit reports, bank statements, leases, title, insurance, and entity documents
• Maintain clear, actionable documentation supporting all underwriting decisions
• Apply judgment on exceptions and propose well-supported decisions for approval, counteroffer, 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