Who you are:
Retired, semi-retired, or near retirement commercial lender or underwriter:
Professional commercial lender or underwriter:
Who we are: Lucro Commercial Solutions provides commercial underwriting, documentation, and loan servicing to our partners. We serve over 100 credit unions across the nation as well as community banks and lenders. Come join our robust underwriting team of career professionals with over 500 years of aggregate commercial lending experience. Since our inception in 2004 we have underwritten over 20 billion in commercial loans and our partners’ delinquency is a small fraction of the national average.
Learn more about us here: www.lucro.org
We offer:
Essential Functions: Underwriting business loans for all types of commercial transactions. We analyze financial data and provide a recommendation for the credit decision including information to support the recommendation in a standardized format utilizing Excel worksheets and Word templates.
We see commercial loans from all over the country. Lucro will provide you the opportunity to underwrite to your skill level. We underwrite over 300 loans per month which may vary from a $2,500 credit card loan to a $40 million hotel construction loan.
Requirements
Necessary Skills:
Qualifications:
Benefits
Lucro loves our employees! Be a part of our family and thrive with us. We offer an extremely competitive benefit package. Lucro is a drug-free workplace.
Lucro Commercial Solutions (Lucro) is a service organization started in 2003 with a desire to help credit unions and community lenders thrive by maximizing one of their most lucrative lines of business...commercial services. Since then we have grown to serve partner credit unions and community lenders across the country ranging in size from $5 million to more than $4 billion in assets with their business lending needs.Our roots are in commercial loan underwriting and documentation but soon after we started we quickly realized that credit unions had a significant need for multi-faceted business lending AND servicing that was not being met in the market. We expanded our services to meet these demands and to allow our partner credit unions to remain competitive in the business lending marketplace, and we are proud to have helped our partner credit unions do this for over 15 years.Lucro is wholly owned by Corporate One Federal Credit Union. We provide services to natural person credit unions and are structured as a limited liability company pursuant to the laws of the state of Florida.
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Understand the required skills and qualifications, anticipate the questions you may be asked, and study well-prepared answers using our sample responses.
Underwriter Q&A's