Director of Development Finance

HouseMax Funding is a staple of the real estate investment community. As a premier hard money lender we are known for speed reliability and deep market expertise. We are driven to help real estate investors grow their businesses through fast and flexible funding solutions and were growing fast ourselves.

Job Description:

HouseMax Funding is seeking an experienced Director of Development Finance professional to originate structure and close larger more complex real estate transactions including ground-up construction land development multifamily mixed-use condo and other residential development projects. This individual will serve as the companys internal expert on development lending and work closely with borrowers brokers capital partners credit underwriting legal counsel and third-party consultants to guide transactions from qualification through funding. The ideal candidate has a strong understanding of real estate development construction lending project feasibility analysis capital stacks and borrower sponsorship evaluation.

What youll do:

• Source and originate development and construction lending opportunities.
• Develop relationships with developers brokers mortgage bankers and referral partners.
• Build a national pipeline of qualified development loan opportunities.
• Attend industry networking and development-focused events learn new systems and help solve problems as the company continues to grow.
• Deal Structuring that includes land acquisition horizontal development vertical construction multifamily projects mixed-use developments condominium development bridge-to-construction opportunities evaluating senior debt mezzanine debt preferred equity JV equity and sponsor equity structures.
• Lead transactions from application through closing.
• Coordinate with underwriting credit legal and capital markets partners.
• Review appraisals feasibility studies budgets sources and uses and project schedules.
• Resolve transaction challenges before they impact closing timelines.
• Serve as the primary resource for development lending opportunities.
• Assist loan officers in qualifying and structuring larger transactions.
• Conduct training on development lending best practices.
• Help establish development lending guidelines and approval standards.

How Success is Measured:

• Create a consistent pipeline of development lending opportunities.
• Increase funded volume of construction and development loans.
• Improve conversion rates on large-balance transactions.
• Reduce fallout through stronger qualification and execution.
• Train and elevate the knowledge base of the sales organization.

• 5 years of experience in development finance commercial real estate lending construction lending private credit or commercial mortgage banking.
• Track record of closing development or construction loans exceeding $5MM.
• Strong understanding of construction budgets draw administration project timelines feasibility analysis LTC LTV DSCR debt yield and capital stack structuring.
• Experience reviewing development budgets financial statements sources and uses of funds and development pro formas.

Preferred Qualifications:

• Network of developers builders commercial real estate brokers and capital partners.
• Experience with private lending debt funds bridge lending or construction lending platforms.
• Bachelors degree in finance Real Estate Economics Business or related field.

Why HouseMax Funding:

• Join a mission-driven team transforming real estate investment financing.
• Competitive salary and performance-based incentives.
• Comprehensive benefits package (medical dental vision) generous PTO.
• Office-based role in vibrant Austin TX

Type/Expected Hours of Work:

This is a full-time position. Days and hours of work are Monday through Friday and occasional evening and weekend work will be required as job duties demand.

EEO/ADA:

HouseMax provides equal employment opportunity to all individuals regardless of their race color creed religion gender age sexual orientation national origin disability veteran status or any other characteristic protected by state federal or local law. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Work Environment:

The majority of the tasks associated with this position will be performed indoors; however some duties will require the ability to function outdoors with exposure to seasonal weather conditions for short periods of time. Travel is up to 5% of the time.