Residential Transition Loan (RTL) Underwriter

Job Description

Job Description

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.

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

Credit & Borrower Analysis

• Assess borrower financial strength through credit review and liquidity analysis, escalating potential issues as needed.
• Validate borrower experience and track record in investment property projects.

Collateral & Project Evaluation

• Underwrite RTL and fix & flip loans, analyzing collateral value, renovation scope, exit strategy, and local market dynamics.
• Review renovation budgets for accuracy and alignment with market comps and borrower objectives.
• Confirm hazard and liability insurance compliance with program standards

Guideline & Risk Management

• Ensure loan eligibility within program guidelines and risk thresholds.
• Review exceptions and provide clear recommendations to credit approvers.
• Ensure compliance with Genesis Capital’s credit policy, asset-level guidelines, and investor requirements.

Cross-Functional Collaboration

• Partner with Sales, Valuations, Construction, and Operations to collect and verify due diligence documentation.
• Provide underwriting feedback to Sales for deal structuring and eligibility discussions.
• Participate in pipeline meetings and provide underwriting insight to expedite approvals and resolve issues.

Documentation & Systems

• Review and validate key title documents (e.g., estoppels, title reports, indemnities).
• Manage a pipeline of borrower and asset underwrites within Genesis Capital SOP’s and service level agreements (SLA’s).
• Accurately input underwriting data into LOS and related systems with a focus on attention to detail.
• Performs related duties as assigned by management.

EDUCATION & 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 in finance, real estate, economics, or a related field.
• 3+ years of experience in commercial real estate banking or private real estate lending, with a focus on underwriting, credit analysis, or similar functions.
• Hands-on experience with RTL, fix & flip, or construction lending strongly preferred.
• Solid understanding of real estate lending principles, loan structuring, and risk assessment.
• Familiarity with real estate markets, valuation methodologies, and investor exit strategies.
• Understanding of borrower financial analysis, credit risk evaluation, and KYC/AML compliance.
• Proficiency in Excel, PowerPoint, and pipeline management tools.
• Exposure to residential construction budgets, cost review, and timeline feasibility a plus.

REQUIRED SKILLS AND ABILITIES

• Strong real estate underwriting judgment, with the ability to quickly assess project-level risks and opportunities.
• Detail-oriented and organized, with the ability to handle a high volume of deals in a deadline-driven environment.
• Confident communicator able to present and defend underwriting recommendations clearly and concisely.
• Adept at working across multiple teams and functions to keep loan files moving efficiently.
• Ability to synthesize data from property comps, budgets, and borrower history into actionable insights.
• Flexible and adaptable to process and program changes in a rapidly growing platform.
• Self-starter with a strong sense of urgency and ownership over assigned loans.
• Creative problem solver that can effectively summarize and communicate issues to team members and management.
• Analytical approach to identifying issues and proposing solutions.

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.

By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on-site.

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.

Company Description

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.