Better
Senior Homebuilding Loan Underwriter - New York
Better, New York, New York, United States, 10001
Senior Homebuilding Loan Underwriter - New York
Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better: - We've funded over $100 billion in loans for our customers, more than any other fintech - Yahoo! Finance - Best Mortgage Lender for First Time Homebuyers of January 2025: Best lender for quick approval - Yahoo! Finance - Best Mortgage Lenders of 2025: Best online mortgage lender - Fintech Breakthrough Award: Best Lending Innovation Award - Money Magazine - 8 Best Mortgage Lenders of 2025: Best for fast closing - We are Forbes' Best Online Mortgage Lender for 2023 - We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive. A Better Opportunity We're on a mission to transform the $15T mortgage industryand this role is central to that vision. We're thrilled to announce a lending partnership with JPMorgan and Avenue One to provide financing for homebuilding. It's a strategic, high-visibility project, and we need an exceptional underwriter to stand this initiative up from day one and propel our mission. As our Senior Homebuilding Loan Underwriter, you'll play a central role by shaping underwriting standards, processes, and risk frameworks from launch to scale. If you're excited to leave your mark on a fast-growing fintech and build a new lending vertical, this is your moment. Responsibilities
End-to-End Loan Underwriting
Analyze homebuilding loan requests, including borrower financials, contractor qualifications, pro forma budgets, draw schedules, and market feasibility Risk & Compliance Stewardship
Evaluate collateral, title, environmental, appraisal, and inspection reports; identify and mitigate risks around credit, permitting, zoning, and construction sequencing Cross-Discipline Collaboration
Work closely with Originations, PM, legal/title, inspectors, and partners to execute closings, draw processes, and ongoing monitoring Documentation & Presentation
Draft robust underwriting memos, loan committee materials, and approval recommendations Process & Playbook Building
Help shape underwriting policies, templates, and risk playbooks that scale with our growing portfolio Portfolio Management
Monitor active homebuilding loans; flag issues early; structure extensions, if needed; support draw reviews and disbursements Qualifications
4+ years of underwriting experience
preferably in homebuilding, construction, or commercial real estate lending
strong bonus for ground-up/residential projects Deep understanding of construction budgets, draw schedules, project sequencing, and contractor risk Exceptional organizational skills; able to drive timelines and coordinate across internal and external teams Strong communication and networking skills (written and verbal) with experience in engaging senior clients and partners Comfort with technical concepts and sharpened attention to detail Proficiency in Excel, underwriting systems, or LOS tools Experience presenting to internal credit or loan committees High-ownership, bias-for-action mindset
takes initiative, thrives in ambiguity, comfortable and collected in fast-paced environments $125,000 - $165,000 a year Company Benefits We are thrilled to offer all our full-time employees the following benefit offerings: - Benefits eligibility effective DAY ONE - $0 medical plan premium offering coverage nationwide paired with our Health Savings Account that includes an employer contribution (Additional Medical, dental, vision plan options also all with nationwide coverage) - Flexible PTO - Immediate virtual mental health support by licensed therapists for our employees and their eligible dependents age 6 and up! First few visits at no cost to you! - Personalized care for every fertility and family care journey for our employees and their partner! - Dependent care benefits (i.e. childcare and/or elder care costs) include a company match - Discount programs and perks including pet Insurance! The compensation offered for this role will be based on multiple factors such as location, the role's scope and complexity, and the candidate's experience and expertise, and may vary from the range provided. Disclaimer Better Home & Finance Holding Company is an equal opportunity employer committed to fostering an inclusive and diverse environment for our employees. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status, or any other reason protected by law. We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. Better will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.
Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better: - We've funded over $100 billion in loans for our customers, more than any other fintech - Yahoo! Finance - Best Mortgage Lender for First Time Homebuyers of January 2025: Best lender for quick approval - Yahoo! Finance - Best Mortgage Lenders of 2025: Best online mortgage lender - Fintech Breakthrough Award: Best Lending Innovation Award - Money Magazine - 8 Best Mortgage Lenders of 2025: Best for fast closing - We are Forbes' Best Online Mortgage Lender for 2023 - We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive. A Better Opportunity We're on a mission to transform the $15T mortgage industryand this role is central to that vision. We're thrilled to announce a lending partnership with JPMorgan and Avenue One to provide financing for homebuilding. It's a strategic, high-visibility project, and we need an exceptional underwriter to stand this initiative up from day one and propel our mission. As our Senior Homebuilding Loan Underwriter, you'll play a central role by shaping underwriting standards, processes, and risk frameworks from launch to scale. If you're excited to leave your mark on a fast-growing fintech and build a new lending vertical, this is your moment. Responsibilities
End-to-End Loan Underwriting
Analyze homebuilding loan requests, including borrower financials, contractor qualifications, pro forma budgets, draw schedules, and market feasibility Risk & Compliance Stewardship
Evaluate collateral, title, environmental, appraisal, and inspection reports; identify and mitigate risks around credit, permitting, zoning, and construction sequencing Cross-Discipline Collaboration
Work closely with Originations, PM, legal/title, inspectors, and partners to execute closings, draw processes, and ongoing monitoring Documentation & Presentation
Draft robust underwriting memos, loan committee materials, and approval recommendations Process & Playbook Building
Help shape underwriting policies, templates, and risk playbooks that scale with our growing portfolio Portfolio Management
Monitor active homebuilding loans; flag issues early; structure extensions, if needed; support draw reviews and disbursements Qualifications
4+ years of underwriting experience
preferably in homebuilding, construction, or commercial real estate lending
strong bonus for ground-up/residential projects Deep understanding of construction budgets, draw schedules, project sequencing, and contractor risk Exceptional organizational skills; able to drive timelines and coordinate across internal and external teams Strong communication and networking skills (written and verbal) with experience in engaging senior clients and partners Comfort with technical concepts and sharpened attention to detail Proficiency in Excel, underwriting systems, or LOS tools Experience presenting to internal credit or loan committees High-ownership, bias-for-action mindset
takes initiative, thrives in ambiguity, comfortable and collected in fast-paced environments $125,000 - $165,000 a year Company Benefits We are thrilled to offer all our full-time employees the following benefit offerings: - Benefits eligibility effective DAY ONE - $0 medical plan premium offering coverage nationwide paired with our Health Savings Account that includes an employer contribution (Additional Medical, dental, vision plan options also all with nationwide coverage) - Flexible PTO - Immediate virtual mental health support by licensed therapists for our employees and their eligible dependents age 6 and up! First few visits at no cost to you! - Personalized care for every fertility and family care journey for our employees and their partner! - Dependent care benefits (i.e. childcare and/or elder care costs) include a company match - Discount programs and perks including pet Insurance! The compensation offered for this role will be based on multiple factors such as location, the role's scope and complexity, and the candidate's experience and expertise, and may vary from the range provided. Disclaimer Better Home & Finance Holding Company is an equal opportunity employer committed to fostering an inclusive and diverse environment for our employees. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status, or any other reason protected by law. We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. Better will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.