Lima One Capital hires Greg Larsen as Senior Director of Underwriting

Lima One Capital, the nation’s premier lender for real estate investors, has hired mortgage credit industry leader Greg Larsen as its new Senior Director of Underwriting. 

Larsen will lead Lima One’s team that underwrites borrowers and loans. He has nearly two decades of commercial real estate lending and credit experience and a deep track record of building high-performing teams, managing complex loan portfolios, and driving strategic growth through best-in-class underwriting practices. 

Most recently, Larsen served as Director of Credit at Builders Capital, where he led key initiatives across underwriting standards, product development, and credit strategy. Prior to that, Larsen spent 17 years with Bank of America, where he held leadership roles across underwriting, credit risk, and portfolio management. 

"I'm beyond excited to join Lima One. The team's energy, drive, and commitment to making a real impact in the real estate space is inspiring,” Larsen said. “I can't wait to dive in, grow alongside passionate people, and be part of something truly special."

Among Larsen’s career accomplishments are: 

• Designing and implementing an innovative program that delivered over $800 million in commitments to sponsors within its first five months.

• Managing a team that underwrote and closed $3 billion of real estate transactions in one year across new construction, bridge, multifamily, and development loans.

• Managing Bank of America’s Global Wealth Management’s $22 billion real estate portfolio by assessing performance, maintaining the overall risk profile, and meeting required return hurdles.

  
  

“Greg is passionate about credit quality, team development, and process improvement, and I am confident that he will continue to improve our already talented team,” Lima One CEO Josh Woodward said. “His depth of knowledge, leadership, and strategic thinking will help us grow while maintaining our commitment to smart, risk-balanced lending. His arrival is one more step in our relentless pursuit of excellence in all aspects of our business.”

About Lima One Capital

Since its inception in 2010, Lima One Capital has been recognized as the nation’s premier lender for real estate investors and has funded over $10 billion in business purpose real estate loans. With a reach across 46 states, Lima One operates as a capital partner for both real estate investors and brokers by financing residential investment strategies including fix and flips, rental, and new construction. In 2021, Lima One was acquired by real estate investment trust MFA Financial, Inc. (NYSE:MFA), ensuring a consistent source of capital and further cementing Lima One as one of the most dependable private lenders in the United States. For more information, visit limaone.com.