Genesis Capital LLC
Underwriter - Residential Transition Loan (RTL)
Genesis Capital LLC, Raleigh, North Carolina, United States
Underwriter - Residential Transition Loan (RTL)
Join to apply for the
Underwriter - Residential Transition Loan (RTL)
role at
Genesis Capital LLC
This role is part of Genesis Capital’s credit‑first culture, evaluating and underwriting real‑estate investment loans including fix & flip, bridge, and construction financing.
Base pay range $85,000.00/yr – $125,000.00/yr
About the Company Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focusing on financing 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, a publicly traded mortgage real‑estate investment trust.
About the Role The RTL Underwriter combines asset‑level risk analysis with borrower credit assessment to ensure sound, profitable lending decisions. They must analyze complex transactions, assess renovation budgets and exit strategies, and structure loans that align with program guidelines and market dynamics. The role manages a high‑volume pipeline in a fast‑paced environment, balancing speed, accuracy, and risk mitigation. Collaboration with Sales, Valuations, Construction, and Operations is essential.
Principal Duties 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.
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.
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.
Education & Experience To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made for individuals with disabilities.
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, focusing 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 is a plus.
Required Skills & 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.
Compensation Range: $85,000 – $120,000
By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on‑site.
Seniority level Associate
Employment type Full‑time
Job function Administrative and General Business
Industries Banking and Venture Capital and Private Equity Principals
Location: Mooresville, NC
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Underwriter - Residential Transition Loan (RTL)
role at
Genesis Capital LLC
This role is part of Genesis Capital’s credit‑first culture, evaluating and underwriting real‑estate investment loans including fix & flip, bridge, and construction financing.
Base pay range $85,000.00/yr – $125,000.00/yr
About the Company Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focusing on financing 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, a publicly traded mortgage real‑estate investment trust.
About the Role The RTL Underwriter combines asset‑level risk analysis with borrower credit assessment to ensure sound, profitable lending decisions. They must analyze complex transactions, assess renovation budgets and exit strategies, and structure loans that align with program guidelines and market dynamics. The role manages a high‑volume pipeline in a fast‑paced environment, balancing speed, accuracy, and risk mitigation. Collaboration with Sales, Valuations, Construction, and Operations is essential.
Principal Duties 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.
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.
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.
Education & Experience To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made for individuals with disabilities.
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, focusing 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 is a plus.
Required Skills & 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.
Compensation Range: $85,000 – $120,000
By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on‑site.
Seniority level Associate
Employment type Full‑time
Job function Administrative and General Business
Industries Banking and Venture Capital and Private Equity Principals
Location: Mooresville, NC
#J-18808-Ljbffr