Genesis Capital LLC · 4 weeks ago
Asset Underwriter
Los Angeles, CA
Full-time
Onsite
Mid Level
$40/hr - $50/hr
4+ years expGenesis Capital LLC is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions. The Asset Underwriter will coordinate with various departments to ensure complete loan files for underwriting and present findings to management for loan decisions.
Financial ServicesReal Estate
Hiring Manager
Melinda Y.
Responsibilities
Review preliminary Title reports for any encumbrance that would affect Genesis 1st lien priority
Review Title report exceptions to determine which ones are acceptable/not acceptable to remain on title post-closing
Determine the proper Title endorsements depending on the property location and loan characteristics, i.e., survey, loss of priority, or date down endorsements
Review purchase transaction documents for accuracy and discrepancies. This includes contracts/addendums/assignments/double escrow/1031 exchange/auctions, etc
Review proof of insurance certificates for accuracy, determine appropriate policy type and coverage amount
Review final loan structure reflected on loan page matches intended structure from lending team
Understand how to calculate and review loan metrics are within guidelines
Review plans, permits, rehab budget, and reconciliation of costs spent to date
Review appraisal (1004,1025, Land, Commercial, or desk review) for completeness and conformity with USPAP and FIRREA guidelines
Review values and determine if sufficient to move forward with initial structuring and loan approval
Review special conditions required prior to docs or prior to funding
Ensure collateral/asset file meets Genesis and senior investor loan guidelines
Escalate issues as needed for review and second approval
Update internal management tracking system daily
Determine Prior to Doc, Prior to Funding and Post Close conditions
Qualification
Required
High school diploma or equivalent, required
Minimum 4 + years real estate loan underwriting or related experience
Solid understanding of processing with regards to underwriting and funding process
Proficient in MS Word and Excel
Strong interpersonal and communication skills with exceptional follow-through abilities
Excellent verbal and written communication skills
Self-motivated with strong desire to succeed
Detail oriented and organized with ability to multi-task
Ability to think subjectively and determine a logical solution
Strong customer services skills
Strong business acumen
Takes initiative with a clear business purpose in mind
Continually seeks to improve business processes
Adapts to change easily in a fast-working environment
Follows direction easily
Excellent time management and multi-tasking skills
Team Player
Preferred
Bachelor's degree, preferred
Private money and construction lending experience a plus
Company
Genesis Capital LLC
Genesis Capital is the preferred capital partner for professional real estate investors seeking prompt and innovative financing solutions that support the full life cycle of their residential projects.
51-200 employees
H1B Sponsorship
Genesis Capital LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (1)
2022 (2)
2021 (2)
2020 (2)
Funding
Current Stage
Growth StageTotal Funding
unknown2021-10-11Acquired
Leadership Team
Joe Bleyle
Chief Lending Officer
Venishia Price
Chief Human Resources Officer
Recent News
2025-10-31
MarketScreener
2025-09-17
2025-07-22
Company data provided by crunchbase