Underwriting Manager, Residential Transition Lending

Job not on LinkedIn

🕒 May 14

Apply Now

Find Similar Remote Jobs

Receive Emails For Remote Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Tier One Funding

WebsiteLinkedInAll Job Openings

11 - 50 employees

Founded 2025

🏠 Real Estate

💸 Finance

Real Estate • Finance

Tier One Funding is a private real-estate lending company that provides fast, short-term financing for professional property investors. They specialize in fix-and-flip loans, with streamlined borrower approvals (entity approval in as little as 24 hours), rapid loan closings (as fast as 5 days), and quick construction draw reimbursements (as fast as 3 days). Their processes minimize documentation and require exterior appraisals on purchases to speed closings; they also plan to offer rental property and bridge loans.

📋 Description

• Lead, coach, and develop a high-performing underwriting team; set clear expectations and performance standards • Own underwriting quality and credit consistency across RTL originations (fix & flip, bridge, investor loans) • Oversee loan-level analysis including borrower experience, liquidity, background and credit profile • Ensure adherence to credit guidelines while exercising sound judgment on exceptions and complex scenarios • Partner with Sales, Valuations, Closing, and Capital Markets to optimize speed, conversion, and borrower experience • Monitor portfolio performance, identify risk trends, and recommend guideline or credit policy adjustments • Drive operational excellence through process improvements, workflow design, and LOS/system enhancements (Decipher) • Translate investor and warehouse partner feedback into underwriting and process improvements • Hire, train, and scale the underwriting team as the platform grows nationally • Maintain the Company’s underwriting guidelines, policies, procedures and workplays as well as federal and state regulatory requirements to ensure compliance at all times

🎯 Requirements

• 3+ years of underwriting experience in residential transition lending (fix & flip, bridge, DSCR, or investor loans) • 1+ years of direct people management experience • Deep expertise in RTL credit: ARV/LTV/LTC, rehab budgets, borrower track record, and exit analysis • Strong judgment in complex credit scenarios and exception handling • Proven ability to build and scale underwriting teams in a fast-paced environment • Experience driving process improvement and implementing underwriting systems/LOS platforms • Strong analytical and data-driven decision-making skills • Excellent cross-functional leadership and communication skills • Bachelor’s degree required

🏖️ Benefits

• Competitive cash salary (commensurate with experience) • Performance-based incentive opportunity • Competitive and comprehensive health benefits • Remote flexibility