Credit Officer – Construction Loans (Residential Development)

NW Recruiting Partners; Seattle (WA); On-site; USD 95,000 - 115,000; Full time

Benefits offered by this job

Employee home loan program

401k with a 3% match

Job summary

A growing private real estate lender is seeking a Credit Officer to manage construction loans. This position involves underwriting, borrower diagnostics, and risk assessment. Ideal candidates will have 2+ years in mortgage banking, a finance-related degree, and strong analytical skills. The compensation ranges from $95k to $115k plus bonuses, with additional benefits like a home loan program and a 401k match.

Qualifications

• 2+ years of mortgage or banking experience in real estate or private equity.
• Solid understanding of income property analysis and loan structuring.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Underwrite bridge and construction loans end-to-end.
• Analyze financials and credit profiles to gauge repayment ability.
• Produce decision memos and present loan packages for review.
• Ensure compliance with internal credit frameworks and investor parameters.
• Serve as liaison between loan officers, borrowers, and internal teams.

Skills

Mortgage/banking experience

Construction knowledge

Real estate understanding

Analytical skills

Proficiency in Excel

Education

Bachelor’s degree in Finance, Real Estate, Business

Tools

Loan origination software

Job description

Overview

Credit Officer – Construction Loans (Residential Development)

A rapidly growing private real estate lender is hiring a Credit Officer to join their team. With $3B in loans funded, they continue to expand their footprint in residential lending.

Responsibilities

• Deal Vetting: Underwrite bridge and construction loans end-to-end, confirm inputs, and keep the file buttoned-up for audit.
• Borrower & Project Diagnostics: Dig into financials, credit profile, budgets, comps, and assumptions to gauge ability to execute and repay.
• Exposure Mapping & Mitigation: Pinpoint market, build, timeline, and exit risks; shape terms (reserves, covenants, collateral) to offset them.
• Committee Briefings: Produce tight decision memos and risk snapshots; present and shepherd packages through leadership/credit review.
• Controls & Requirements: Keep every deal aligned with internal credit frameworks, investor parameters, and applicable lending rules.
• Partner Interface: Serve as the go-to between loan officers, borrowers, brokers, and internal teams to keep diligence unblocked.
• C-Suite Initiatives: Support the Chief Credit Officer on ad-hoc analyses, portfolio looks, and priority special assignments.

Qualifications

• 2+ years of mortgage/banking experience and/or related industry experience in construction, real estate and/or private equity.
• Bachelor’s degree in Finance, Real Estate, Business, or related field.
• Solid understanding of income property analysis and loan structuring.
• Proficiency in Excel and familiarity with loan origination software.
• Ability to work independently and thrive in a collaborative, fast-paced environment.

Benefits

• Employee home loan program
• 401k with a 3% match

Compensation

Compensation: $95k-$115k + bonus