Underwriter
About The Position
As an RTL / Fix & Flip Underwriter, you will independently evaluate short-term bridge and renovation loans for real estate investors. This role plays a critical part in balancing speed, sound credit judgment, and risk management while supporting a high-volume, growth-stage lending platform. You will assess borrower and entity credit strength, collateral quality, construction feasibility, and market risk to structure well-performing loans that close efficiently and align with company and investor guidelines. This role directly impacts deal velocity, loan quality, and overall portfolio performance, partnering closely with sales, processing, and construction/draw teams.
Requirements
- 6+ years of underwriting experience (real estate, mortgage, private lending, or financial services)
- Strong analytical and financial evaluation skills
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Strong attention to detail and accuracy
- Experience in RTL / Fix & Flip, hard money, or construction-based lending
- Demonstrated experience underwriting renovation-based investment loans
- Background in real estate, mortgage, commercial lending, or financial services
- Bachelor’s degree in Finance, Accounting, Real Estate, or related field
Nice To Haves
- Strong Credit Judgment: Ability to independently evaluate complex and non‑standard RTL scenarios and make sound, defensible decisions.
- RTL Expertise: Practical knowledge of ARV methodology, LTV/LTC, rehab budgets, renovation workflows, permits, and fix & flip lending structures.
- Detail Orientation: Exceptionally accurate with numbers, vesting, fees, insurance coverage, valuations, and documentation.
- Problem‑Solving & Critical Thinking: Anticipates issues, identifies solutions, and keeps files moving forward.
- Customer‑Centric Communication: Able to clearly explain underwriting decisions while maintaining positive, professional relationships.
- Adaptability: Thrives in a fast‑paced, evolving startup environment with changing priorities.
Responsibilities
- Independently underwrite Residential Transition Loans (Fix & Flip / Bridge / Rehab) in accordance with internal guidelines and delegated credit authority
- Deliver sound, well-documented credit decisions that balance risk management with business growth objectives
- Analyze borrower and entity creditworthiness, liquidity, experience, and exit strategies
- Review and validate ARV appraisals, broker price opinions, market comparables, and valuation methodologies
- Evaluate construction and renovation budgets, scopes of work, contractor credentials, and feasibility
- Validate LTV, LTC, ARV, and cost-to-complete calculations for accuracy and guideline compliance
- Identify layered credit, collateral, construction, and market risks; clearly document risk mitigants and approval rationale
- Review and decision title insurance, property taxes, hazard insurance, entity documentation, and other collateral requirements
- Underwrite loan scenarios across SFR, Condo, 2–4 Unit, and Multifamily (5+ unit) properties
- Communicate proactively and professionally with processors, originators, brokers, and internal partners to clear conditions and move loans to closing efficiently
- Manage a high-volume pipeline while maintaining accuracy and meeting turnaround expectations
- Ensure underwriting decisions comply with internal guidelines, investor requirements, and applicable regulatory standards
- Maintain complete, accurate, and audit-ready loan documentation
- Contribute to guideline refinement, process improvements, and operational efficiencies to enhance borrower experience and reduce cycle times
Benefits
- Medical, dental, and vision insurance
- Generous PTO and paid holidays
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What This Job Offers
Job Type
Full-time
Career Level
Senior
