Loan Underwriter

Genesis Capital LLC; California; On-site; USD 85,000 - 125,000; Full time

Job summary

Join a leading lender in commercial real estate financing as a Loan Underwriter. You will evaluate and underwrite loans in a fast-paced environment, requiring strong skills in credit analysis and collaboration with cross-functional teams. Ideal for a candidate with significant experience in real estate lending.

Benefits

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Paid maternity leave

Disability insurance

Qualifications

• Minimum 5+ years in Commercial Real Estate banking or private real estate lending.
• Experience in fix & flip or construction lending is required.
• Knowledge of real estate lending and loan structuring.

Responsibilities

• Evaluate borrower credit history to identify potential performance concerns.
• Analyze renovation budgets for alignment with market comps.
• Perform underwriting for RTL and fix & flip loans.

Skills

Credit analysis

Asset-level risk analysis

Cross-functional communication

Education

Bachelor's Degree

Tools

Excel

PowerPoint

Job description

Join to apply for the Loan Underwriter role at Genesis Capital LLC

Continue with Google Continue with Google

1 week ago Be among the first 25 applicants

Join to apply for the Loan Underwriter role at Genesis Capital LLC

This range is provided by Genesis Capital LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$85,000.00/yr - $125,000.00/yr

Direct message the job poster from Genesis Capital LLC

Vice President, Human Resources at Genesis Capital LLC

Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust.

The Underwriter - Express Channel plays a critical role in evaluating and underwriting fix & flip, bridge, and construction loans, with a strong emphasis on asset-level risk analysis coupled with borrower-level credit underwriting. This role is best suited for a candidate who has deep familiarity with deal-level underwriting fundamentals and borrower credit analysis. A working knowledge of credit analysis is required, along with the ability to underwrite the viability and profitability of the real estate project and loan structure.

The Underwriter - Express Channel is expected to manage multiple loans daily in a fast-paced environment with a focus on speed, accuracy, and risk mitigation. This role requires strong cross-functional communication with Sales, Valuations, Construction, and Operations teams.

ESSENTIAL FUNCTIONS include the following. Other duties may be assigned.

• Evaluate borrower credit history to identify potential performance concerns.
• Analyze renovation budgets and ensure alignment with market comps and borrower exit strategy.
• Validate borrower experience and track record specific to investment assets.
• Confirm eligibility against program guidelines and risk thresholds.
• Collaborate with Sales, Valuations, Construction, and Operations to collect and verify necessary due diligence documentation.
• Perform underwriting for RTL and fix & flip loans, including assessment of collateral value, scope of work, exit strategy, and local market dynamics.
• Support deal flow by providing underwriting feedback to Sales for structuring and eligibility discussions.
• Ensure compliance with Genesis Capital’s credit policy, asset-level guidelines, and investor requirements.
• Participate in pipeline meetings and provide underwriting insight to expedite processing and approvals.
• Review and validate key title documents such as estoppels, title reports, and indemnities as necessary.
• Manage a pipeline of borrower and asset underwrites within the Genesis Capital SOP’s and service level agreements (SLA’s).
• Input underwriting information and data into the LOS and other systems with a focus on attention to detail.

Education and Experience

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s Degree.
• Minimum 5+ years in Commercial Real Estate banking or private real estate lending, in the form of underwriting, credit analysis or related experience.
• Experience in fix & flip or construction lending is required.
• Knowledge of real estate lending and loan structuring.
• Familiarity with real estate markets, valuation methodologies, and investor exit strategies.
• Understanding of borrower financials, credit risk, and KYC/AML compliance.
• Proficiency in Excel, PowerPoint, and pipeline management tools.
• Experience with residential construction budgets, cost review, and timeline feasibility a plus.

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and General Business

• Industries

  Real Estate and Banking

Referrals increase your chances of interviewing at Genesis Capital LLC by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Paid maternity leave

Disability insurance

Get notified about new Loan Underwriter jobs in Los Angeles County, CA.

Beverly Hills, CA $100,000 - $150,000 2 weeks ago

Private Equity Associate - Infrastructure

Los Angeles County, CA $250,000 - $300,000 2 weeks ago

Beverly Hills, CA $100,000 - $120,000 4 days ago

Los Angeles, CA
$85,000.00
-
$105,000.00
3 weeks ago

Los Angeles County, CA
$100,000.00
-
$130,000.00
2 weeks ago

Santa Monica, CA
$100,000.00
-
$110,000.00
1 week ago

Los Angeles County, CA
$170,000.00
-
$170,000.00
3 weeks ago

Data Analyst, Production Finance Operations & Innovation

Los Angeles, CA
$49,889.20
-
$62,379.20
2 weeks ago

Client Service Associate, Retirement & Private Wealth

Los Angeles, CA $120,000 - $135,000 3 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.