Bridge Loan Underwriter

NightOwl Consulting

About The Position

The Bridge Loan Underwriter is responsible for evaluating, underwriting, and approving short-term bridge loan applications in accordance with company guidelines and risk standards. This role focuses on assessing borrower creditworthiness, collateral value, exit strategies, and overall deal viability to support fast-paced lending decisions while maintaining portfolio quality.

Requirements

Bachelor’s degree in finance, business, real estate, or a related field (or equivalent experience)
2+ years of underwriting experience in bridge loans, private lending, hard money, or residential/commercial real estate
Strong understanding of short-term lending structures, ARV-based lending, and real estate valuation
Ability to interpret financial statements, tax returns, and credit reports
Knowledge of underwriting tools, LOS platforms, and valuation models
Excellent analytical, organizational, and decision-making skills
Strong written and verbal communication skills
Ability to thrive in a fast-paced, deadline-driven environment

Nice To Haves

Experience in underwriting fix-and-flip, rental, or transitional real estate loans
Familiarity with state-specific lending regulations and investor guidelines
Background in non-QM, DSCR, or private money lending
Advanced Excel or financial modeling skills

Responsibilities

Conduct initial reviews of bridge loan applications to determine deal viability and completeness
Order third-party reports including title prelims, appraisals, and BPOs as required
Review title prelims to identify red flags such as liens, judgments, vesting issues, or ownership discrepancies
Analyze borrower credit profiles, financial statements, liquidity, and real estate experience
Review property details, valuations, market data, and exit strategies (sale, refinance, or hold)
Calculate and assess LTV, ARV, leverage, and other risk metrics
Prepare clear underwriting summaries and recommendations for senior review or final approval
Ensure compliance with internal underwriting guidelines and investor requirements
Communicate findings, conditions, and concerns with loan officers, processors, and closing teams
Maintain accurate and organized underwriting notes and documentation in the loan origination system
Assist with post-closing reviews and ongoing portfolio monitoring as needed