Underwriter - Residential Transition Loan (RTL)

Description

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

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.
• Ability to synthesize data from property comps, budgets, and borrower history into actionable insights.
• Familiarity with real estate markets, valuation methodologies, and investor exit strategies.
• Flexible and adaptable to process and program changes in a rapidly growing platform.
• Bachelor’s degree in finance, real estate, economics, or a related field.
• Self-starter with a strong sense of urgency and ownership over assigned loans.
• Validate borrower experience and track record in investment property projects.
• 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.
• Understanding of borrower financial analysis, credit risk evaluation, and KYC/AML compliance.
• Adept at working across multiple teams and functions to keep loan files moving efficiently.
• 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.
• Hands-on experience with RTL, fix & flip, or construction lending strongly preferred.
• Analytical approach to identifying issues and proposing solutions.
• Exposure to residential construction budgets, cost review, and timeline feasibility a plus.
• Strong real estate underwriting judgment, with the ability to quickly assess project-level risks and opportunities.

Benefits

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

Training + Development

Interview process

Visa Sponsorship

Security clearance