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Credit Officer - Commercial Lending

ReadyCap Commercial offers a positive and diverse work culture incorporated with people who are passionate about their careers. We pride ourselves in being viewed as a premier place to work and encourage you to view our Credit Officer opportunity.

Job Summary:

  • Evaluate business cash flow and its acceptability as a primary source of repayment for certain loan programs. 
  • Evaluate real estate collateral securing the loan and its acceptability as a primary source of repayment for certain loan programs (Multifamily, Commercial and Investor Bridge). 
  • Perform review and credit analysis of financial information presented by potential borrowers. 
  • Prepare written loan submission for Credit approval.  Goal is to structure a loan that meets the requirements of the borrower and ReadyCap. 
  • Assist Credit Manager with training of Loan Analysts and Credit Officers. Assist cross department training of loan officers and sales employees.

Summary of Essential Job Functions:

  • Promote a favorable image of ReadyCap to potential and existing clients.
  • Contribute to efficient loan processing and closing by maintaining a thorough understanding of ReadyCap Commercial’s guidelines and procedures, compliance requirements, and federal and state laws and regulations.
  • Perform in-depth review and complex credit analysis.
  • Promptly report to the Credit Manager or Senior Management any adverse events or information that would have a material effect on the lending operation or any event or situation that could be a conflict of interest.
  • Contribute to loan decision by providing independent analysis, making process and maintenance of portfolio credit quality by providing in-depth credit analysis of loan applications. 
  • Prepare a Credit Approval Memo to recommend a loan request that presents the following information:
    • Loan is of required quality and no violation of guidelines or regulatory requirements exist.  If an exception to guidelines exists, it is fully disclosed and justified.
    • Borrower has been interviewed and creditworthiness has been thoroughly investigated.
    • Adequate financial statements and other pertinent information have been reviewed and analyzed, along with current economic conditions that affect the transaction.
    • Loan is properly priced based upon the Pricing Matrix.
    • Loan will be properly documented in full compliance with the approved credit request.
    • Value and existence of collateral is verified.
    • Correct risk rating is assigned to the credit.
    • Assist Credit Manager with training of Loan Analysts and Credit Officers.

Primary Success Measurements:

  • Quality of analysis as measured by first payment defaults and defaults within 24 months.
  • Number of loan applications analyzed per month.
  • Velocity of completed tasks as measured by service delivery times and deadlines.

Supervisory Responsibilities:



To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:  

  • Bachelor degree in Finance, Real Estate, Accounting, or Business Administration and 5 to 10 experience in Commercial Real Estate/mortgage lending.
  • Professional level experience utilizing technical expertise and/or a solid knowledge base and skills set to process significantly important work with minimal experience;
  • Management experience and/or training; or equivalent combination of education and experience.
  • A track record of effectively leading, developing credit strategies. 
  • Post-graduate degree a plus.
  • Knowledge of Freddie Mac lending is a plus.

Language Skills:  

  • Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. 
  • Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. 
  • Ability to write speeches and articles for publication that conform to prescribed style and format. 
  • Ability to effectively present information to top management.
  • Strong written and verbal communication skills; a persuasive and passionate communicator with excellent interpersonal and multidisciplinary project skills.
  • Excellent verbal and written communication skills.
  • Diplomacy in dealing with associates.
  • Ability to give and take direction.


ReadyCap Commercial is a non-bank, direct portfolio lender offering financing for small balance commercial investment, conventional owner user, SBA 504, multifamily and bridge loan programs nationwide. Available financing ranges from $750,000 to $10 million. With concierge-like personal attention, ReadyCap is set apart by its credit decisions, processing speeds and common-sense, solution-oriented underwriting.  We see lending differently!

ReadyCap offers a full range of benefits, including competitive salary, comprehensive health plans to choose from including dental, vision coverage, company-paid life & disability insurance policies, business casual dress and a great culture!

ReadyCap is an equal opportunity employer (EOE)!

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