Bridge Underwriter
Compensation
$80k – $100k /yr
Employment type
Full-time
Work setting
On-site
Location
Cherry Hill, NJ
Schedule
Day shift
Posted
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Job overview
The Bridge Underwriter role is based in Cherry Hill, NJ, with a salary range of $80,000–$100,000 per year. Asset Based Lending provides bridge financing and DSCR rental loans to real estate investors. The underwriter assesses residential and commercial loan risk, evaluates borrower and project information, and structures loans within company guidelines. The role manages a loan pipeline and provides recommendations to the credit committee while coordinating with loan officers and operations teams.
What you'll do
- Assess risk for residential and commercial loans
- collaborate with loan officers on lending opportunities
- conduct borrower underwriting interviews
- review construction budgets, appraisals, credit histories, and loan documentation
- maintain loan information and underwriting notes in the LOS
- structure loans under underwriting guidelines
- recommend approvals or rejections to the credit committee
- manage the loan pipeline and coordinate closings.
What we're looking for
- Skills & competencies
- bridge underwriterreal estate lendingresidential loanscommercial loansrisk analysisloan underwritingconstruction budgetscredit committeecherry hill njasset based lending$80k–$100kfull-time
- Work arrangement
- Weekend coverage required
Why this role
The role covers residential and commercial real estate lending, including fix-and-flip and ground-up construction projects.
About the employer
Asset Based Lending LLC is hiring for this role. Industry: Real Estate Credit. Sector: 52.
Additional details
- Industry sector
- 52
- Industry
- Real Estate Credit
- Occupation code
- 13-2072.00
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Listing ID: 40041cc4-b19e-468a-9735-2c7ebf21f51d