Underwriter

2 months, 1 week ago
Full-time
Mid Level
Finance and Accounting
Builders Capital Exchange (BCX)

Builders Capital Exchange (BCX)

Builders Capital Exchange (BCX) is the capital and strategic engine behind a growing portfolio of specialized real estate finance brands. BCX provides shared capital, infrastructure, and strategic support while enabling each brand to operate independently with its own leadership, positioning, and customer focus. This structure creates financial strength, operational consistency, and long-term alignment across the portfolio—without sacrificing the specialization that differentiates each business. Together, the BCX network serves builders, developers, and real estate investors with purpose-built financing solutions designed to perform across market cycles. BCX exists to support disciplined growth, resilient operations, and a consistent standard of execution across every brand in the portfolio.

financial services
11-50

Description

  • Analyze and underwrite residential construction loan originations, including single-family, multifamily, and small apartment projects.
  • Review income property loan requests, including collateral cash flow, borrower financials, tax returns, and market data.
  • Conduct detailed financial analysis of borrower creditworthiness, liquidity, net worth, and project viability.
  • Evaluate property information, including profiles, demographics, maps, inspections, and third-party reports.
  • Ensure loan files are complete, accurate, and compliant with investor guidelines and company credit policy.
  • Prepare loan submissions to Loan Committee and present cases in committee meetings when needed.
  • Issue underwriting decisions and document conditions, risk factors, and mitigating strengths clearly.
  • Manage the loan pipeline to meet service-level expectations and timely decisioning.
  • Clear underwriting and closing conditions and communicate loan status and closing timelines with internal stakeholders.
  • Review closing documents and settlement statements for accuracy and consistency with approved terms.

Requirements

  • 3–7+ years of underwriting, credit analysis, or real estate finance experience.
  • Experience in residential construction lending, bridge lending, private credit, or commercial real estate finance preferred.
  • Bachelor’s degree in Finance, Accounting, Real Estate, Business Administration, or a related field preferred.
  • Strong ability to analyze borrower financial statements, tax returns, liquidity, net worth, and project financials.
  • Understanding of residential construction lending, development budgets, LTV, LTC, interest reserves, and construction draw structures.
  • Ability to evaluate property values, comparable sales, market trends, appraisals, inspections, and feasibility studies.
  • Demonstrated ability to identify credit risks, evaluate mitigation strategies, and structure loans to company and investor requirements.
  • Proficiency in loan origination systems, financial modeling tools, and Microsoft Office, especially Excel.
  • Strong written and verbal communication skills with the ability to present credit analysis and recommendations.
  • Highly detail-oriented with the ability to manage multiple loan files and meet deadlines in a fast-paced environment.

Benefits

  • 100% employer-paid medical insurance premiums with PPO and HSA plan options.
  • Competitive compensation.
  • 3 weeks of paid time off annually.
  • 10 paid holidays each year.
  • Flexible work environment.
  • Opportunity to work for a nationwide company with meaningful impact in construction finance.
  • Access to cutting-edge technology and resources.
  • Full-time, exempt position.

Interested in this position?

Apply directly on the company website

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