What are the responsibilities and job description for the Business Purpose Lending (BPL) - Operations Summer Intern position at Redwood Trust Inc?
Job Description
Job Description
Summer Internship Program for Undergraduate Students
College Sudents must be available for a full-time 10-week paid internship program June 2 – August 8, 2025.
CoreVest, a division of Redwood Trust, Inc., is the leading private lender to residential real estate investors nationwide. The Business Purpose Lending (BPL) Operations intern will play a crucial role in supporting various teams within the Business Purpose Lending division. This internship offers a unique opportunity to gain hands-on experience in multiple aspects of real estate lending operations, including underwriting, loan management, asset management, and bridge lending. Under the direct supervision of the SVP of Term Lending, you will assist with administrative tasks, project coordination, and data analysis across different teams. For more information, visit www.corevestfinance.com.
Essential Functions and Responsibilities : Include the following but not limited to, other duties may be assigned :
- Assist in underwriting and closing efforts for commercial debt financing transactions backed by single-family rentals and multi-family rental portfolios.
- Support loan operations staff in processing loan applications, coordinating with borrowers, and managing loan documentation.
- Collaborate with bridge lending team on various projects related to short-term financing, acquisitions, and fix / flip projects.
- Conduct cash flow analysis, underwriting, due diligence, valuation reviews and credit analysis.
- Conduct data analysis, financial modeling, and report preparation to support decision-making processes.
- Communicate effectively with internal teams, borrowers, lenders, third-party vendors, and other stakeholders.
- Maintain accurate records, update databases, and ensure compliance with internal policies and procedures.
Minimum Requirements :
Working Conditions :
