Senior Underwriter, Residential Investment Loans

RWA Group; Westlake Village (CA); On-site; USD 120,000 - 180,000; Full time

Job summary

Realworld Asset Group, LLC is seeking an experienced underwriter to evaluate and structure residential investment loans from initial review through credit approval. You will assess borrower and guarantor strength, property values, project feasibility, and repayment strategies.

The role involves collaborating with originators and management to prepare clear credit recommendations and deliver a complete underwriting package to the closing team, addressing questions as needed.

Qualifications

• Experience underwriting business-purpose residential loans, including bridge, fix-and-flip, or ground-up construction lending.
• Strong real estate valuation knowledge, construction budgets, loan structures, and collateral-based credit analysis.
• Ability to analyze borrower and guarantor financial statements, credit reports, liquidity, and project performance.
• Sound credit judgment to identify risks and propose mitigants with clear analysis.
• Excellent written and verbal communication; ability to prepare concise credit memoranda.
• Strong organizational skills, attention to detail, and ability to manage competing deadlines independently.
• Proficiency in Excel and loan origination systems; LendingWise experience is a plus.
• Familiarity with institutional investor underwriting guidelines and warehouse lender requirements is preferred.

Responsibilities

• Borrower and Guarantor Analysis: Evaluate credit history, financial condition, liquidity, outstanding obligations, and contingent liabilities.
• Property and Market Analysis: Review appraisals, comparable sales, property condition, and local market dynamics.
• Construction and Rehabilitation Review: Analyze budgets, scopes of work, schedules, contractors, permits, and contingencies.
• Loan Structuring and Repayment Analysis: Evaluate sizing, LTV/LTC, equity, reserves, and exit strategies.
• Credit Recommendations and Exceptions: Prepare memoranda and present to management or credit committee.
• Underwriting Handoff and Credit Support: Document terms and conditions for closing; track changes needing review.
• Capital Partner Guidelines: Assess transactions against warehouse lender and lender requirements.
• Pipeline and Process Management: Manage multiple assignments, deadlines, and data accuracy; improve templates.

Skills

Underwriting experience

Credit analysis

Real estate valuation

Financial statement analysis

Communication skills

Organizational skills

Excel

LendingWise

Tools

LendingWise

Job description

Realworld Asset Group, LLC is seeking an experienced underwriter to evaluate and structure residential investment loans from initial review through credit approval. You will assess borrower and guarantor strength, property values, project feasibility, and repayment strategies.

The role involves collaborating with originators and management to prepare clear credit recommendations and deliver a complete underwriting package to the closing team, addressing questions as needed.