Commercial Mortgage Underwriter

Blackbird Recruiting • Lakewood, NJ

5d • $60,000 - $100,000 • Onsite

About The Position

A growing commercial mortgage company based in Lakewood, New Jersey, is seeking a Commercial Mortgage Underwriter. This full-time, 100% in-office opportunity is for someone with some experience in commercial mortgage underwriting, commercial lending, credit analysis, financial analysis, or a related field who wants to continue developing a career in commercial real estate finance. Remote or hybrid work is not available. The salary range is $60,000–$100,000, depending on experience.

Requirements

• Some experience in commercial mortgage underwriting, commercial lending, credit analysis, financial analysis, or a related field is required; extensive experience is not necessary.
• Understanding of commercial real estate finance and basic loan concepts.
• Ability to review financial statements and assess borrower and property financials.
• Strong analytical, quantitative, and problem-solving skills.
• High attention to detail and strong organizational skills.
• Proficiency in Microsoft Excel and the ability to work with financial data.
• Strong written and verbal communication skills.
• Must work in the office in Lakewood, NJ; remote or hybrid work is not available.

Responsibilities

• Review and analyze commercial mortgage loan applications and supporting documentation, including borrower financial statements, tax returns, credit reports, rent rolls, operating statements, and property appraisals.
• Evaluate borrower creditworthiness, property cash flow, collateral value, and overall loan risk.
• Analyze commercial real estate financials, including rental income, operating expenses, debt service coverage, and loan-to-value.
• Identify missing information, inconsistencies, and potential risks, and request additional documentation as needed.
• Assist in evaluating loan structures, terms, and repayment capacity in accordance with underwriting guidelines.
• Prepare clear underwriting summaries and recommendations for loan approval, denial, or further review.
• Work with loan originators, brokers, processors, and other team members to move transactions through the underwriting process.
• Maintain organized and accurate loan files and supporting documentation.
• Stay current on commercial lending guidelines, market conditions, and underwriting best practices.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed