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SLA CAPITAL

Underwriter – Sir Lends A Lot LLC

SLA CAPITAL, Spokane, Washington, United States, 99254

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Real Estate Investor, Private Lender, Host of the Collecting Keys Podcast Full-Time | Hybrid (Remote + Spokane HQ preferred but flexible)

Department:

Credit & Risk

Reports To:

Director of Lending / Head Underwriter

About Sir Lends A Lot

Sir Lends A Lot is a fast‑growing private lending company specializing in fix‑and‑flip, DSCR, and new construction loans for real estate investors nationwide. We move fast, we solve problems for borrowers, and we pride ourselves on being a lender that closes—reliably and on time.

We are expanding our loan volume and need a sharp, detail‑oriented Underwriter who knows how to underwrite private/hard money and DSCR lending in a production environment.

Role Overview You will underwrite a high volume of real estate investor loans—primarily fix‑and‑flip, BRRRR, DSCR, and construction—with an emphasis on risk management, clear conditions, and quick turn times. The ideal candidate has real private lending or non‑QM experience and is used to moving fast without sacrificing accuracy.

Core Responsibilities

Analyze borrower financials, credit, and investor experience

Review collateral documentation: appraisals, contractor bids, title, insurance, valuations, rent comps

Underwrite fix‑and‑flip and construction budgets, ARVs, exit strategies

Underwrite DSCR loans and validate rental coverage

Issue pre‑approvals, term sheets, and underwriting decisions with clear conditions

Communicate with processors, loan officers, and brokers to clear conditions and move loans to closing

Identify red flags and propose solutions—NOT just decline deals

Make common‑sense lending decisions aligned with risk tolerance

Work in LOS (Mortgage Automator, Lendr, etc.) and update loan files accurately

Turn times:

24 hours or less

for pre‑approval / initial review;

48–72 hours

for full underwriting

Required Experience

2–5+ years underwriting

private money, non‑QM, or DSCR

loans

Ability to read credit, bank statements, entity docs, HUDs, appraisals, and contractor scopes

Strong understanding of real estate investment lending and collateral‑based underwriting

Comfortable working in a fast‑moving pipeline with daily production quotas

Preferred/Bonus Skills

Experience with construction underwriting (budget review, draw schedules)

Experience in fix‑and‑flip/BRRRR valuation

Mortgage Office, Lendr, or similar lending LOS

Background with correspondent lenders or table funding

Compensation Typical private/hard money underwriting compensation in 2024–2025:

Base:

$65,000 – $95,000

Per File Comp:

$150–$300/underwritten file depending on monthly closings and meeting timeline milestones.

What Success Looks Like

Clear files with minimal underwriting rework

Reliable turn times under 72 hours

Low fallout due to clean conditions and communication

Strong alignment between credit quality and production goals

Company Culture Fast‑moving. Problem‑solvers only. No bureaucracy. We want underwriters who know how to get safe, compliant deals closed—not underwriters who hide behind “no.”

Seniority Level Mid‑Senior level

Employment Type Full‑time

Job Function Finance and Sales

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