ZipRecruiter

Log In

1

Cre Underwriter Jobs (NOW HIRING)

Cross River

Associate, CRE Underwriter

Fort Lee, NJ · Hybrid

$75K - $125K/yr

Support the CRE and Construction teams with underwriting new transactions * Gather and analyze relevant information for loan requests, including the review of property details, property financial ...

Cross River

Associate, CRE Underwriter

Fort Lee, NJ · On-site

$75K - $125K/yr

Support the CRE and Construction teams with underwriting new transactions * Gather and analyze relevant information for loan requests, including the review of property details, property financial ...

MidFirst Bank

Senior CRE Underwriter

Los Angeles, CA · On-site

$120K - $170K/yr

A Senior CRE Underwriter will be responsible for assisting and participating in the underwriting of all types of commercial real estate loans in accordance with the Bank's credit policies and ...

Deutsche Bank

Vice President - CRE Underwriter

New York, NY · On-site

$170K - $200K/yr

Job Title Vice President - CRE Underwriter Corporate Title Vice President Location New York, NY Overview We are looking for a Vice President to join the Deutsche Bank CRE Underwriting team to support ...

Deutsche Bank

CRE Underwriting Associate

Manhattan, NY · On-site

$140K - $170K/yr

Job Title CRE Underwriting Associate Corporate Title Associate Location New York, NY Overview We are looking for an Associate to join the Deutsche Bank CRE Underwriting team to support the DB CRE ...

next page

Showing results 1-20

All JobsCre Underwriter Jobs

Cre Underwriter information

See salary details

$35.5K

$70.3K

$110.5K

How much do cre underwriter jobs pay per year?

As of Jul 5, 2026, the average yearly pay for cre underwriter in the United States is $70,317.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $83,000.00 per year, depending on experience, location, and employer.

What does a CRE underwriter do?

A CRE (Commercial Real Estate) underwriter evaluates the financial and physical aspects of commercial property loans to determine risk and loan viability. They analyze property values, market conditions, borrower financials, and prepare detailed reports to support lending decisions, often using underwriting software and financial analysis skills.

What is the difference between Cre Underwriter vs Commercial Real Estate Analyst?

AspectCre UnderwriterCommercial Real Estate Analyst
Required CredentialsBachelor's degree, underwriting certifications (e.g., CCIM, CRE)Bachelor's degree, finance or real estate certifications often preferred
Work EnvironmentFinancial institutions, lending companies, real estate firmsReal estate firms, investment companies, consulting agencies
Employer & Industry UsageUsed primarily in commercial lending and mortgage underwritingUsed in real estate investment analysis and market research

The main difference is that a Cre Underwriter focuses on assessing the risk of commercial real estate loans, while a Commercial Real Estate Analyst analyzes market trends and property values to support investment decisions. Both roles require similar credentials and often work within the same industry but serve different functions in the real estate and finance sectors.

What is the highest paying underwriting job?

Senior and executive-level underwriting roles, such as Chief Underwriting Officer or Vice President of Underwriting, tend to be the highest paying in the field. These positions require extensive experience, advanced certifications, and leadership skills, and they often offer salaries significantly higher than entry- or mid-level underwriting roles.

How to underwrite a CRE loan?

A CRE underwriter evaluates a commercial real estate loan by analyzing the property's financial performance, market conditions, and borrower creditworthiness. They review documents such as appraisals, rent rolls, and financial statements, and assess risks to determine loan eligibility and terms. Proficiency in financial analysis and familiarity with underwriting software are essential for this role.

What is a CRE Underwriter?

A CRE Underwriter is a professional who evaluates and analyzes commercial real estate (CRE) loan applications to determine the risk and creditworthiness of potential borrowers. They review financial statements, property appraisals, market conditions, and borrower histories to assess whether a loan should be approved and under what terms. Their analysis helps lenders make informed decisions and minimize potential losses. CRE Underwriters play a crucial role in the real estate lending process by ensuring that loans adhere to the institution’s risk guidelines.

What are the key skills and qualifications needed to thrive as a CRE Underwriter, and why are they important?

To thrive as a CRE (Commercial Real Estate) Underwriter, you need strong analytical skills, in-depth knowledge of real estate finance, and a degree in finance, business, or a related field. Expertise in financial modeling software, risk assessment tools, and familiarity with industry platforms like Argus or Excel is typically required. Attention to detail, effective communication, and sound judgment are crucial soft skills for evaluating deals and collaborating with stakeholders. These skills ensure accurate risk assessment, informed decision-making, and successful investment outcomes in the competitive CRE market.

What does underwriting mean in CRE?

In commercial real estate (CRE), underwriting is the process by which a CRE underwriter evaluates the risk of a loan or investment by analyzing property details, financial statements, market conditions, and borrower credentials. This assessment determines whether the loan should be approved and at what terms, ensuring the lender's or investor's risk is minimized. Underwriters use financial models and tools to support their decisions and often require knowledge of industry standards and regulations.

What are some common challenges faced by CRE Underwriters when evaluating complex commercial real estate deals?

CRE Underwriters often encounter challenges such as accurately assessing the risk of unique or non-traditional properties, navigating incomplete or inconsistent financial documentation, and keeping up with changing market conditions. Balancing the interests of various stakeholders—like borrowers, lenders, and investors—while adhering to regulatory requirements is also a frequent challenge. Strong analytical skills, attention to detail, and effective communication with brokers, appraisers, and loan officers are essential to overcoming these obstacles and ensuring sound underwriting decisions.
More about Cre Underwriter jobs
What cities are hiring for Cre Underwriter jobs? Cities with the most Cre Underwriter job openings:
What states have the most Cre Underwriter jobs? States with the most job openings for Cre Underwriter jobs include:
What job categories do people searching Cre Underwriter jobs look for? The top searched job categories for Cre Underwriter jobs are:
Cre Underwriter jobs near you
Infographic showing various Cre Underwriter job openings in the United States as of June 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $70,317 per year, or $33.8 per hour.
Associate, CRE Underwriter

Associate, CRE Underwriter

Cross River

Fort Lee, NJ • Hybrid

$75K - $125K/yr

Other

Posted 11 days ago

Job description

Who We Are

Cross River builds the infrastructure behind the world's most innovative financial products. Our technology and capital solutions power payments, cards, lending, and digital asset capabilities that move money safely, instantly, and inclusively - trusted by leading fintechs, enterprises, and disruptors across the globe.

Our mission is simple: to build the financial infrastructure that expands access and opportunity for all. Guided by a culture of collaboration, curiosity, and purpose, Cross River has been named one of American Banker's Best Places to Work in Fintech year after year. Whether you're designing code, solving regulatory puzzles, or developing strategy, you'll join a team where innovation and integrity drive everything we do - and where your work helps shape the future of finance.

What We're Looking For

Cross River's Commercial Banking Group is looking for an experienced commercial real estate ("CRE") underwriter to join the team and support business growth. The role will report directly to the Head of Underwriting and Processing and will support the CRE and Construction teams with the underwriting of multi-family, retail, mixed-use, and office commercial real estate loans.

Responsibilities:

  • Support the CRE and Construction teams with underwriting new transactions
  • Gather and analyze relevant information for loan requests, including the review of property details, property financial statements, client data and other pertinent data to determine overall credit worthiness
  • Assess credit risk, establish viability of sources of repayment, and determine appropriate loan structures
  • Manage third party engagements and order necessary searches to complete the underwriting process
  • Prepare credit memos and present loans for approval, with recommendations consistent with bank policy
  • Maintain current knowledge of internal policies, as well economic, financial, political and legislative trends to determine possible impacts on commercial lending
  • Perform other duties as assigned

Minimum Qualifications:

  • 3+ years of relevant CRE and construction underwriting experience
  • Excellent analytical, organizational, written and verbal communication skills
  • Demonstrated ability to manage and prioritize multiple tasks under tight time constraints
  • Knowledge of commercial lending trends, competition, regulations, and banking compliance policies and procedures
  • Proficiency with Microsoft Office products, especially, MS Excel

Education:

  • Bachelor's degree in Real Estate, Finance, Business, Accounting, Economics, or a related field preferred

#LI-AC1 #LI-Hybrid #LI-Onsite

Salary Range: $75,000.00 - $125,000.00

Apply