Underwriter - Residential Transition Loan (RTL)

Description

• Assess borrower financial strength through credit review and liquidity analysis, escalating potential issues as needed.
• Review renovation budgets for accuracy and alignment with market comps and borrower objectives.
• Accurately input underwriting data into LOS and related systems with a focus on attention to detail.
• Review exceptions and provide clear recommendations to credit approvers.
• Ensure loan eligibility within program guidelines and risk thresholds.
• Participate in pipeline meetings and provide underwriting insight to expedite approvals and resolve issues.
• Manage a pipeline of borrower and asset underwrites within Genesis Capital SOP’s and service level agreements (SLA’s).
• Confirm hazard and liability insurance compliance with program standards.
• Review and validate key title documents (e.g., estoppels, title reports, indemnities).
• Partner with Sales, Valuations, Construction, and Operations to collect and verify due diligence documentation.
• Ensure compliance with Genesis Capital’s credit policy, asset-level guidelines, and investor requirements.
• Provide underwriting feedback to Sales for deal structuring and eligibility discussions.
• Underwrite RTL and fix & flip loans, analyzing collateral value, renovation scope, exit strategy, and local market dynamics.

Requirements

The Residential Transition Loan (RTL) Underwriter - Express serves a critical role in upholding Genesis Capital’s credit-first culture through rigorous risk assessment and sound underwriting principles. They are a key contributor in evaluating and underwriting real estate investment loans, including fix & flip, bridge, and construction financing. This role combines asset-level risk analysis with borrower credit assessment to ensure sound, profitable lending decisions. Ideal candidates bring strong expertise in deal-level underwriting fundamentals, borrower credit evaluation, and real estate project viability.

Success in this position requires the ability to analyze complex transactions, assess renovation budgets and exit strategies, and structure loans that align with program guidelines and market dynamics. The RTL Underwriter manages a high-volume pipeline in a fast-paced environment, balancing speed, accuracy, and risk mitigation. Collaboration is essential—this role partners closely with Sales, Valuations, Construction, and Operations to deliver timely, high-quality underwriting decisions.

• Proficiency in Excel, PowerPoint, and pipeline management tools.
• Confident communicator able to present and defend underwriting recommendations clearly and concisely.
• Analytical approach to identifying issues and proposing solutions.
• Detail-oriented and organized, with the ability to handle a high volume of deals in a deadline-driven environment.
• Creative problem solver that can effectively summarize and communicate issues to team members and management.
• Bachelor’s degree in finance, real estate, economics, or a related field.
• Validate borrower experience and track record in investment property projects.
• Understanding of borrower financial analysis, credit risk evaluation, and KYC/AML compliance.
• Flexible and adaptable to process and program changes in a rapidly growing platform.
• Self-starter with a strong sense of urgency and ownership over assigned loans.
• 3+ years of experience in commercial real estate banking or private real estate lending, with a focus on underwriting, credit analysis, or similar functions.
• Solid understanding of real estate lending principles, loan structuring, and risk assessment.
• Adept at working across multiple teams and functions to keep loan files moving efficiently.
• Ability to synthesize data from property comps, budgets, and borrower history into actionable insights.
• Strong real estate underwriting judgment, with the ability to quickly assess project-level risks and opportunities.
• Hands-on experience with RTL, fix & flip, or construction lending strongly preferred.
• Familiarity with real estate markets, valuation methodologies, and investor exit strategies.
• Exposure to residential construction budgets, cost review, and timeline feasibility a plus.

Benefits

Compensation Range: $85,000 - $120,000

Training + Development

Interview process

Visa Sponsorship

Security clearance