A

Ascent Developer Solutions

Private lending platform for real estate developers

Forward Deployed Engineer 1

Full-TimePosted on 10/21/2026
$90k - $105k+ 15% discretionary annual bonus
Junior, Mid
Bachelor's
Encino, Los Angeles, CA, USA
HybridOn-site in Encino Monday–Thursday; work from home Fridays.
Software EngineeringAI Application Engineering

About the job

Requirements
  • A bachelor's degree in Computer Science, Engineering, Information Systems, or a related field, or equivalent practical experience.
  • One to three years of professional experience writing code relied on by real users in software engineering, automation, data engineering, or a technical analyst role with substantial coding.
  • Working proficiency in Python or TypeScript and SQL, plus experience with REST APIs and unstructured data.
  • Hands-on experience building with large language model APIs, including prompting, structured outputs, and document extraction, in professional or personal projects.
  • Daily use of AI coding tools and the habit of verifying their output with tests.
  • Familiarity with loop engineering, including agent workflows that act, check their own results, and stop or escalate to a person at the appropriate point.
  • Ability to ask questions before building and explain technical ideas to non-technical colleagues.
  • Ability to think in systems and consider how workflow changes affect surrounding data, systems, and people.
  • Organized, detail-oriented writing; workflow maps and specifications are deliverables in this role.
  • Interest in financial services.
Responsibilities
  • Embed with an assigned business team and learn its work by doing it alongside team members.
  • Document workflows step by step, including inputs, systems, decisions, handoffs, exceptions, and upstream and downstream processes, in a standard format reviewed and approved by the team.
  • Build and ship production automations for well-defined workflows.
  • Work with Platform Engineering to run each automation on the existing platform, using shared data, integrations, and monitoring, and fitting it into existing systems.
  • Write clear specifications and acceptance criteria for work belonging in the core lending platform, and hand them to Platform Engineering.
  • Write tests and documentation for each automation, and take it through code review and the security and AI governance gate before production.
  • Build using least-privilege agent identities, audit logging, and human review for outputs affecting a loan decision or fund disbursement.
  • Measure time and error rates before and after each automation, and report the results.
  • Train users on new automations, gather feedback, and fix issues promptly after launch.
  • Monitor shipped automations, respond to failures, and maintain runbooks so the business team can handle exceptions.
  • Learn the lending business from application through payoff to identify automation opportunities.
  • Bring automation ideas and rough estimates of hours saved to the Forward Deployed Engineer II and the Head of Technology.
  • Partner with Data & Analytics on data definitions and data-quality issues discovered in the field.
  • Contribute reusable components to shared libraries.
  • Follow engineering standards, including version control, code review, automated testing, and change management.
  • Protect borrower data in line with company security policies and the AI Use Policy, and raise risks early.
  • Keep workflow maps, specifications, runbooks, and change logs current.
  • Provide regular status updates to department leaders and the Head of Technology.
Desired Qualifications
  • Exposure to lending, real estate, construction, or accounting.
  • Experience with OutSystems or another low-code platform, Microsoft 365/SharePoint, or Jira.
  • A portfolio, GitHub profile, or other examples of shipped work.

About the company

A

Ascent Developer Solutions

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Ascent Developer Solutions provides private lending and institutional debt financing for top-tier housing developers and investors. It offers short-term secured loans for purchasing, renovating, and constructing single-family, homebuilder, and multi-family projects, plus post-completion bridge financing, funded upfront and repaid with interest over a short period. The company uses proprietary data tools to tailor each loan to a project’s needs, structuring secured debt and charging origination fees and other costs. Its goal is to help developers bring residential properties to market by delivering flexible, customized capital.

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Los Angeles, California

Founded

2024

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Simplify Jobs

Simplify's Take

What believers are saying

  • June 2026 Boston expansion opened New England deal flow across Massachusetts, Connecticut, New Hampshire, Rhode Island.
  • January 2026 manufactured-housing financing broadened demand beyond infill builders and single-lot homebuilders.
  • June 2026 $400 million Thomas James Homes facility validates Ascent's institutional credibility and underwriting scale.

What critics are saying

  • Thomas James Homes and manufactured-housing expansion increase concentration if one segment stalls in 2027.
  • Short-term secured lending depends on cheap institutional capital; higher funding spreads compress returns quickly.
  • A housing downturn triggers borrower defaults, collateral write-downs, and liquidity stress, threatening Ascent's platform.

What makes Ascent Developer Solutions unique

  • Elliott-backed since July 2024, Ascent reached $3 billion origination by June 2026.
  • Ascent underwrites bridge, renovation, construction, and manufactured-housing loans for elite residential developers.
  • Its in-house construction management platform helps lenders move faster than banks and mortgage REITs.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account/Flexible Spending Account
  • 401(k) Retirement Plan

Growth & Insights and Company News

6 month growth

4%

1 year growth

3%

2 year growth

8%
Kalkine Media
Oct 13th, 2026
Offerpad subsidiary raises revolving credit facility from $150M to $200M

Offerpad Solutions Inc. said its subsidiary OP SPE SUMMIT, LLC has raised the principal uncommitted borrowing capacity of its revolving loan facility from $150 million to $200 million. The company disclosed the change in an 8-K filing on October 13, 2026. The Third Amended and Restated Revolving Loan Agreement was signed on October 7, 2026, with lenders WHGG II Trust and Ascent Developer Solutions LLC. It replaces the agreement dated July 29, 2026. The agreement includes a customary financial covenant that limits OP SPE's ability to take on more debt. It also carries standard events of default, which would end the loan and let the lenders demand payment of outstanding borrowings.

Minichart
Aug 31st, 2026
Offerpad boosts revolving credit facility by 50% to $150M with potential $200M upsize

Offerpad Solutions Inc. has increased its revolving credit facility capacity by 50%, raising uncommitted borrowing capacity from $100 million to $150 million through a First Amendment dated 26 August 2026. The amended agreement includes a provision to potentially increase the facility further to $200 million, subject to lender discretion and certain conditions. The increased capacity provides enhanced financial flexibility for Offerpad's capital-intensive iBuyer business model, which requires substantial funding to purchase and hold residential inventory. The revolving structure allows funds to be advanced, repaid, and re-advanced as needed. The amendment involves OP SPE SUMMIT, LLC, a wholly owned subsidiary of Offerpad, and lenders WHGG II TRUST and ASCENT DEVELOPER SOLUTIONS LLC.

Business Wire
Jun 15th, 2026
Ascent Developer Solutions hits $3B originations, opens Boston office for New England expansion

Ascent Developer Solutions, a real estate financing firm, has opened a Boston office and reached $3 billion in origination volume since launching in July 2024 with backing from Elliott Investment Management. The expansion establishes the company's presence across Massachusetts, Connecticut, New Hampshire and Rhode Island. The firm appointed Mario Massimino as senior vice president of sales to lead Northeast operations, alongside three additional vice presidents. Ascent now employs over 130 professionals nationwide and has expanded its Los Angeles headquarters. Founded by Robert Wasmund, Ascent provides bridge, renovation and construction loans to single-family and multifamily developers, with loan amounts up to $100 million. The company's growth reflects increasing demand for flexible, developer-focused financing solutions across key US markets.

Business Wire
Nov 4th, 2025
Ascent Developer Solutions Provides $400 Million Debt Facility to Thomas James Homes, the Nation's Largest Single-Lot Homebuilder

Ascent Developer Solutions provides $400 million debt facility to Thomas James Homes, the nation's largest single-lot homebuilder. LOS ANGELES-(BUSINESS WIRE)-Ascent Developer Solutions ("AscentDS") has provided a $400 million construction debt facility to Thomas James Homes ("TJH"), the nation's largest single-lot homebuilder, to support continued expansion and operational efficiency across high-demand U.S. infill markets. This facility strengthens a growing partnership between AscentDS and TJH, two firms aligned in redefining how residential construction is financed, scaled, and delivered. The announcement follows a period of rapid growth for AscentDS, bringing its origination volume to more than $1.6 billion since its launch with backing from Elliott Investment Management L.P. in July 2024. "AscentDS is proud to continue our growth trajectory alongside Thomas James Homes," said Robert Wasmund, Founder and CEO of Ascent Developer Solutions. "This milestone facility is a natural progression of a productive relationship with TJH and a testament to our team's white-glove approach to building long-term relationships with highly sophisticated borrowers. It also highlights the value of our best-in-class in-house construction management services platform." The facility provides additional capital for TJH's ongoing expansion across California, the Pacific Northwest, and Arizona. As a well-capitalized, institutionally owned platform, TJH continues to lead its category by delivering luxury homes with guaranteed pricing, guaranteed timelines, and an integrated delivery model that brings predictability to a traditionally uncertain sector. "This facility reflects continued recognition of Thomas James Homes' differentiated approach to luxury single-lot infill development," said Jamie Mead, Chief Executive Officer of Thomas James Homes. "It enables the next phase of disciplined growth as we scale efficiently across high-demand markets. Our partnership with Ascent Developer Solutions reinforces our commitment to precision, certainty, and performance. These qualities define our platform and set us apart in infill residential construction." Together, AscentDS and TJH are demonstrating how strategic capital and operational discipline can unlock scalable innovation in the U.S. housing market. About Ascent Developer Solutions Headquartered in Southern California, AscentDS is a leading private lending and institutional debt platform offering customized financing solutions to top-tier single- and multi-family developers and investors, with more than $1.6 billion in origination volume as of October 2025. Founded in 2024 by Robert Wasmund, AscentDS provides short-term secured loans for the acquisition, renovation, and construction of single-family, homebuilder, and multi-family properties, along with post-completion bridge financing. The company leverages long-term borrower relationships, a proven management team, and a best-in-class in-house construction management platform to deliver speed, transparency, and reliability at scale. Visit ascentds.com or follow on LinkedIn at linkedin.com/company/ascent-developer-solutions. Elliott Investment Management L.P. (together with its affiliates, "Elliott") manages approximately $76.1 billion of assets as of June 30, 2025. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. About Thomas James Homes Headquartered in Aliso Viejo, California, Thomas James Homes (TJH) is the nation's largest single-lot homebuilder, reimagining the homebuilding experience through guaranteed pricing, guaranteed timelines, and an end-to-end approach that simplifies every step of the process. With more than 1,000 luxury homes delivered across major U.S. markets, TJH combines design excellence, construction precision, and data-driven execution to deliver certainty, quality, and value at scale. TJH is owned by funds managed by Oaktree Capital Management, L.P. Learn more at tjh.com. Media Contact: Donna Haldipur Marino PR, on behalf of Ascent Developer Solutions [email protected] More News From Ascent Developer Solutions LOS ANGELES-( BUSINESS WIRE )-CEI and LWK Secure $100mm Custom Credit Facility from AscentDS to Accelerate Workforce Housing Density Addition Strategy... LOS ANGELES-( BUSINESS WIRE )-Ascent Developer Solutions ("AscentDS"), a relationship-based lender providing customized financing solutions to top-tier real estate developers, has announced a key milestone, reaching $1B in originations since its July 2024 launch, far outpacing its previous projections. This announcement follows a year of significant growth for the strategic lending platform firm, including but not limited to its successful launch with backing by investment management firm Ellio... LOS ANGELES-( BUSINESS WIRE )-Robert Wasmund and funds managed by Elliott Investment Management L.P. ("Elliott") have partnered to launch Ascent Developer Solutions ("AscentDS"), a relationship-based lender providing customized financing solutions to top-tier real estate developers. The launch is powered by an equity capital commitment from Elliott, a multi-strategy investment management firm with substantial experience in asset-based investments and specialty finance platforms. Elliott's inves... Media Contact: Donna Haldipur Marino PR, on behalf of Ascent Developer Solutions [email protected].

ABF Journal
Oct 28th, 2025
Cypress Equity Investments and LWK Partners Secure $100MM Custom Credit Facility

Cypress Equity Investments (CEI), an institutional multifamily developer and real estate investment company, and LWK Partners (LWK), a real estate private