Ascent Developer Solutions
Senior Underwriter - Manufactured Housing
Encino, CA · Senior · Contract
Sponsorship not specified$150k-$175kDetected 126 days ago
Financial AnalysisValuationProcess ImprovementLeadershipCommunicationPublic SpeakingUnderwritingRisk Modeling
Stay score
odds of building a lasting career here
47Sponsors, lottery-bound
Cap-exempt (no lottery)0
Sponsors this role35
Entry-level history0
PERM / green-card track0
Lottery odds (Level IV)94
Fits your clock70
Sponsors, but it's cap-subject — you still face the weighted lottery (~61% per draw at Level IV). Good if you win; have a cap-exempt backup on your list.
Lottery odds assume a STEM candidate.
Personalize to your clock →Community outcomes
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About the role
- The Senior Underwriter - Manufactured Housing Communities is responsible for evaluating, structuring, and presenting credit opportunities secured by manufactured housing communities and related real estate assets.
- The position plays a critical role in maintaining portfolio quality while supporting strategic loan growth objectives.
- The successful candidate will possess strong financial analysis skills, exceptional credit judgment, and a comprehensive understanding of MHC operations, market dynamics, infrastructure considerations, and sponsor execution risk.
Responsibilities
- This individual will lead complex underwriting assignments, mentor junior team members, collaborate with originations and asset management teams, and serve as a trusted advisor to Credit Committee and executive leadership.
- Review appraisals, environmental reports, engineering assessments, market studies, and other third-party due diligence materials to support credit decisions.
- Support ongoing portfolio management activities by reviewing borrower reporting, monitoring covenant compliance, tracking occupancy and performance trends, and identifying emerging credit concerns.
- Collaborate closely with Originations, Asset Management, Legal, Construction Risk, Capital Markets, and Servicing teams to facilitate efficient transaction execution and portfolio oversight.
- At Ascent, we stand united in building a community where everyone is empowered to succeed.
- Lead the underwriting and credit analysis of Manufactured Housing Community (MHC) lending opportunities, including acquisitions, refinances, bridge loans, recapitalizations, expansions, and value-add transactions.
Requirements
- Minimum 7 years of commercial real estate underwriting experience.
- Minimum 3 years underwriting Manufactured Housing Communities, Multifamily, Self Storage, or other operational real estate asset classes.
- Strong knowledge of market trends, valuation methodologies, and operational performance metrics specific to the manufactured housing sector
- Ability to analyze community-level financial statements, operating reports, and performance data.
- Bachelor's degree in finance, business, or related field.
- Entrepreneurial mindset with the ability to thrive in a fast-growing, collaborative environment.
Nice to have
- Demonstrated experience working with, financing, managing, underwriting, acquiring, or evaluating manufactured housing communities preferred.
Skills
- Your Skills and Experience
Compensation
- Salary range is $150k-$175k per year, with a discretionary bonus adding up to 20% per year.
Benefits
- We offer a comprehensive benefits package designed to support your health, well-being, and work-life balance.
- Our benefits include five health plans, two dental plans, health savings and flexible spending accounts, vision coverage, a 401(k) plan, and other optional benefits from which to choose.
Company info
- Review underwriting work completed by junior team members to ensure consistency, accuracy, and adherence to company policies and procedures.
Equal opportunity
- By promoting equal opportunity, we not only enhance our workplace but also contribute to a more just and equitable society.
- equal opportunity, we not only enhance our workplace but also contribute to a more just and equitable society.
Visa & Work Authorization
- Analyze borrower financial statements, tax returns, liquidity, net worth, contingent liabilities, and organizational structures to assess sponsor strength, repayment capacity, and overall creditworthiness.
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This listing is sourced directly from Ascent Developer Solutions's careers page and normalized into a canonical job model.