Underwriting Associate at Churchill Real Estate Underwriting Associate at Churchill Real Estate in Charlotte, North Carolina Posted in 2 days ago.

Type:

full-time

Job Description:

Churchill Real Estate is looking for an experienced Residential Transition Loan (RTL) Underwriter to join our credit team. RTL loans

• bridge, fix-and-flip, ground-up construction, and rental/DSCR products
• require a different underwriting lens than traditional mortgage lending: faster timelines, project
• and exit-strategy-driven risk.

This role is for someone who is familiar with this asset class.

Job Description:

Underwrite RTL loan files end-to-end: bridge, fix-and-flip, ground-up construction, and rental/DSCR products Analyze borrower/guarantor credit, background, and financial profiles, including entity structures and ownership breakdowns Evaluate appraisals, purchase contracts, scopes of work, and rehab budgets against loan structure and requested proceeds Assess exit strategy feasibility (sale, refinance, stabilization) and flag structural or valuation risk early Prepare and present loan files to the Investment Committee; respond to IC-requested conditions or clarification with clear, well-reasoned write-ups Evaluate requested structure changes (loan amount, LTV, rate, terms) against previously approved terms and re-underwrite as needed Partner with brokers and internal loan coordinators to keep files moving and communicate clearly on outstanding items Maintain a working knowledge of investor and program guidelines, and flag files that fall outside standard credit parameters

Requirements:

1+ years of direct underwriting experience in RTL, bridge, fix-and-flip, hard money, or private/non-QM lending (business-purpose lending experience required) Strong grasp of entity-borrower underwriting: guarantors, ownership thresholds, background/credit review for entity members Working knowledge of appraisal review, scope-of-work/rehab budget evaluation, and construction draw structures Ability to independently identify credit and structural risk and clearly narrate concerns, conditions, or decline rationale Comfortable presenting files to and defending decisions in front of an Investment Committee Strong written communication

• condition language and decline narratives need to be precise and defensible Familiarity with loan origination systems (LOS) and digital document/condition tracking workflows Prior experience in a private lending, direct lender, or non-bank RTL/bridge lending environment