SBA Underwriter (7(a) Lending)
Location: Remote – Washington
Position Summary
Join one of the Pacific Northwest's premier SBA lending teams. We are seeking an experienced SBA Underwriter to support a nationally recognized SBA platform originating approximately $100 million annually in SBA 7(a) loan production.
This position partners closely with a team of five SBA Business Development Officers, providing timely, thorough credit analysis and underwriting support throughout the loan origination process. The ideal candidate possesses strong SBA lending expertise, excellent credit judgment, and a collaborative approach that helps move quality transactions efficiently from opportunity to approval.
This is a fully remote position for candidates located in Washington, Oregon, or Idaho.
Primary Responsibilities
Underwrite SBA 7(a) loan requests in accordance with SBA SOP requirements and internal credit policy.
Analyze commercial borrowers' financial statements, tax returns, cash flow, collateral, industry trends, and repayment capacity.
Prepare comprehensive credit memorandums and recommendations for approval.
Structure transactions to balance prudent risk management with competitive lending solutions.
Partner directly with SBA Business Development Officers to evaluate new opportunities, identify credit strengths and weaknesses, and recommend deal structures.
Communicate underwriting requirements clearly while maintaining exceptional service levels for internal partners and borrowers.
Review appraisals, environmental reports, business valuations, projections, and other due diligence materials.
Ensure loans comply with SBA SOP guidelines, regulatory requirements, and internal lending standards.
Work collaboratively with closing, documentation, servicing, and credit administration teams to facilitate smooth loan closings.
Maintain strong knowledge of evolving SBA regulations, SOP updates, and industry best practices.
Assist with portfolio reviews, policy updates, and special projects as assigned.
Qualifications
Bachelor's degree in Finance, Accounting, Business, or equivalent experience.
Minimum 5 years of commercial credit underwriting experience, with significant SBA lending experience preferred.
Demonstrated expertise underwriting SBA 7(a) loans from initial analysis through approval.
Strong understanding of:
Commercial financial statement analysis
Cash flow analysis
Global cash flow
Business and personal tax return analysis
Collateral evaluation
Commercial loan structuring
Working knowledge of SBA SOP requirements and eligibility guidelines.
Strong analytical, organizational, and problem-solving skills.
Excellent written and verbal communication abilities.
Ability to prioritize multiple transactions while meeting production deadlines.
Proficiency with commercial loan origination systems and Microsoft Office Suite.
Preferred Qualifications
SBA lending certification or formal SBA underwriting training.
Experience with delegated SBA lending programs (PLP preferred).
Experience underwriting a broad range of owner-occupied commercial real estate, business acquisitions, partner buyouts, working capital, equipment financing, and business expansion loans.
Familiarity with nCino, Abrigo, LaserPro, or similar commercial lending platforms.
What You'll Enjoy
Fully remote opportunity within Washington, Oregon, or Idaho
Support one of the region's highest-producing SBA lending teams
Collaborative, relationship-focused culture
Opportunity to work alongside experienced SBA Business Development Officers
High-impact role with visibility across the organization
Competitive compensation and comprehensive benefits package
Ideal Candidate Profile
The successful candidate is a seasoned commercial credit professional who understands how to balance sound credit judgment with exceptional client service. They enjoy partnering with business development professionals, thrive in a production-oriented environment, and take pride in helping small businesses access capital through the SBA 7(a) program.
This role is ideal for an experienced SBA underwriter looking to join a well-established platform with consistent loan volume, a collaborative culture, and the opportunity to make a meaningful impact on the growth of small businesses throughout the Pacific Northwest.
