Commercial Acquisition and Development Construction Loan Underwriter
Insight Global, San Diego, CA, United States
Job Description
The Commercial Acquisition & Development (A&D) Construction Loan Underwriter plays a critical role in underwriting complex commercial real estate acquisition, land development, and construction loans. This position is responsible for independent credit analysis, underwriting, and preparation of comprehensive credit presentations for builder and developer clients in accordance with company policy, regulatory requirements, and sound risk management practices.
Position Summary
The role supports both horizontal land development and vertical construction transactions, including acquisition financing, infrastructure development, and project feasibility analysis. The Underwriter partners closely with Loan Officers, Credit Management, and Operations to ensure accurate, timely, and compliant credit decisions.
Responsibilities
Underwrite and analyze commercial acquisition, land development, and construction loan requests.
Provide independent underwriting recommendations that directly impact credit quality, portfolio risk, and overall loan performance.
Prepare complete credit approval packages, including risk analysis, loan structuring, and credit recommendations.
Analyze borrower and guarantor financial statements, tax returns, liquidity, global cash flow, and contingent liabilities.
Evaluate project feasibility, budgets, cost‑to‑complete, absorption schedules, and pro forma cash flows.
Review contracts, development agreements, construction contracts, appraisals, environmental reports, and engineering studies.
Validate loan‑to‑value (LTV), loan‑to‑cost (LTC), debt service coverage ratios (DSCR), and guarantor support.
Identify and mitigate risks related to entitlements, zoning, infrastructure, market conditions, and construction timelines.
Ensure adherence to internal credit policies and regulatory guidelines.
Collaborate with Loan Officers, Processors, Closing, and Legal to resolve underwriting conditions.
Serve as a subject matter expert and provide guidance to junior underwriters, as needed.
Maintain strict confidentiality of borrower and project information.
Perform other duties as assigned.
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.
To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.
Skills and Requirements
Education
Minimum of a GED (Bachelor’s degree preferred)
Experience
Minimum of 5 years of experience in commercial credit or underwriting
Minimum of 3 years underwriting acquisition, development, and/or construction loans
Skills
Advanced knowledge of commercial real estate, acquisition and development lending, and construction finance
Strong financial analysis and underwriting skills
Deep understanding of development risk, market dynamics, and loan structuring
Strong attention to detail with the ability to manage multiple priorities in a deadline‑driven environment
Proficiency in underwriting systems and Microsoft Excel
Preferred Qualifications: Builder/developer lending experience.
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The Commercial Acquisition & Development (A&D) Construction Loan Underwriter plays a critical role in underwriting complex commercial real estate acquisition, land development, and construction loans. This position is responsible for independent credit analysis, underwriting, and preparation of comprehensive credit presentations for builder and developer clients in accordance with company policy, regulatory requirements, and sound risk management practices.
Position Summary
The role supports both horizontal land development and vertical construction transactions, including acquisition financing, infrastructure development, and project feasibility analysis. The Underwriter partners closely with Loan Officers, Credit Management, and Operations to ensure accurate, timely, and compliant credit decisions.
Responsibilities
Underwrite and analyze commercial acquisition, land development, and construction loan requests.
Provide independent underwriting recommendations that directly impact credit quality, portfolio risk, and overall loan performance.
Prepare complete credit approval packages, including risk analysis, loan structuring, and credit recommendations.
Analyze borrower and guarantor financial statements, tax returns, liquidity, global cash flow, and contingent liabilities.
Evaluate project feasibility, budgets, cost‑to‑complete, absorption schedules, and pro forma cash flows.
Review contracts, development agreements, construction contracts, appraisals, environmental reports, and engineering studies.
Validate loan‑to‑value (LTV), loan‑to‑cost (LTC), debt service coverage ratios (DSCR), and guarantor support.
Identify and mitigate risks related to entitlements, zoning, infrastructure, market conditions, and construction timelines.
Ensure adherence to internal credit policies and regulatory guidelines.
Collaborate with Loan Officers, Processors, Closing, and Legal to resolve underwriting conditions.
Serve as a subject matter expert and provide guidance to junior underwriters, as needed.
Maintain strict confidentiality of borrower and project information.
Perform other duties as assigned.
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.
To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.
Skills and Requirements
Education
Minimum of a GED (Bachelor’s degree preferred)
Experience
Minimum of 5 years of experience in commercial credit or underwriting
Minimum of 3 years underwriting acquisition, development, and/or construction loans
Skills
Advanced knowledge of commercial real estate, acquisition and development lending, and construction finance
Strong financial analysis and underwriting skills
Deep understanding of development risk, market dynamics, and loan structuring
Strong attention to detail with the ability to manage multiple priorities in a deadline‑driven environment
Proficiency in underwriting systems and Microsoft Excel
Preferred Qualifications: Builder/developer lending experience.
#J-18808-Ljbffr