Underwriter Construction Loans Residential

NW Recruiting Partners; Dallas (TX); On-site; USD 95,000 - 110,000; Full time

Benefits offered by this job

Annual bonuses

Employee home loan program

401k with a 3% match

Job summary

NW Recruiting Partners is actively seeking an Underwriter – Construction Loans (Residential) in Dallas, TX. You will underwrite bridge and construction loans, assess borrower qualifications, and ensure alignment with guidelines while collaborating with a credit team.

The ideal candidate has 2+ years in mortgage/banking, strong credit and real estate knowledge, and proficiency in Excel and loan origination software. Compensation ranges from $95k to $110k plus bonus.

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.

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 Underwriter on ad-hoc analyses, portfolio looks, and priority special assignments.

Skills

Mortgage/Banking experience

Credit analysis

Excel proficiency

Independent & collaborative work

Loan origination software

Education

Bachelor’s degree in Finance, Real Estate, Business, or related field

Tools

Loan origination software

Job description

Underwriter – Construction Loans (Residential)

Dallas, TX

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

In this role, you’ll work closely with residential builders and developers to evaluate loan applications, assess borrower qualifications, and ensure alignment with company and investor guidelines. You’ll collaborate with a credit team of five.

The ideal candidate brings deep experience in credit analysis, risk assessment, and real estate development. You’ll be responsible for structuring and underwriting complex construction and bridge loans—making sound credit decisions that support the firm’s growth while managing risk effectively.

Underwriter 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 Underwriter on ad-hoc analyses, portfolio looks, and priority special assignments.

Underwriter 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.

Company Benefits & Culture:

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

Compensation: $95k-$110k + bonus