Real Estate Underwriter - #1414757

Chandler, AZ

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Real Estate Underwriter – Business Purpose Lending

Chandler, AZ (Hybrid) | Full-Time | Truly Investor Capital

A division of Oaktree Funding Corp.

At Truly Investor Capital, we underwrite for speed without sacrificing accuracy. Our borrowers move fast, and so do we—because we’ve built a system where efficiency, flexibility, and common sense underwriting come together.

We’re looking for a skilled Underwriter who understands the nuance of DSCR, bridge, and fix-and-flip loans, and knows how to balance risk with service. This isn’t a "check-the-box" environment—your judgment, creativity, and ownership will shape the deals that get done.

What You'll Do

• Underwrite a variety of business-purpose loans: DSCR, bridge, rehab, rental portfolios, and new construction
• Analyze borrower credit, income (where applicable), rental income, collateral, and exit strategy
• Review appraisals, title, and construction budgets for red flags and feasibility
• Work directly with sales, processing, closing, and asset management to structure win-win deals
• Identify exceptions and escalate appropriately with justifiable risk rationale
• Maintain compliance with internal credit policy and investor overlays
• Turn files quickly with accuracy—we close in 7-10 days
  
  

What You Bring

• 2+ years underwriting experience in private lending, non-QM, or business-purpose loans
• Comfort with investor-based deals—DSCR, fix-and-flip, bridge, and rental portfolios
• Ability to assess risk holistically: borrower, asset, market, and loan structure
• Strong communication skills—you’ll collaborate with sales and ops teams regularly
• Proficiency in Salesforce, Encompass, Excel, and loan guidelines (ours and industrywide)
• Fast, organized, and accountable
  
  

Bonus Points

• Experience with draw management, construction feasibility, or fund control
• Familiarity with non-agency securitization guidelines
• Background in credit policy creation or underwriting training
  
  

Why Truly

• Division of Oaktree Funding Corp.—a trusted name with strong warehouse lines and liquidity
• Hybrid work model out of our Chandler, AZ HQ
• Full benefits: medical, dental, vision, 401(k) match, generous PTO
• Clear upward mobility—grow into Team Lead, Credit Manager, or Product/Capital Markets roles
• Minimal red tape. Fast-moving team. You’re trusted here.
  
  

Let’s help real estate investors move faster—smarter.

Apply now by sending your resume and a brief note to:

[email protected]

Attn: Roland Mills, VP – Director of Recruiting

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