Mortgage Underwriter Job at LBC Mortgage, Los Angeles, CA

ZTZRbVBmN3BYalZwNTFFempqYmoyTjZ3K1E9PQ==
  • LBC Mortgage
  • Los Angeles, CA

Job Description

About LBC Mortgage

LBC Mortgage is a Los Angeles–based mortgage company with over 20 years of industry experience . Alongside our traditional mortgage business, we operate a fast-growing Private Money / Hard Money Lending Division , focused on funding real estate investment loans with speed, accuracy, and strong risk management.

We are looking for a skilled Hard Money Underwriter who understands private lending, can underwrite deals quickly, and make confident decisions that protect the company while keeping production moving.

Responsibilities

  • Underwrite Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR, Cash-Out, Ground-Up, etc.)
  • Review loan files and borrower documentation (credit, assets, entity docs, income where applicable)
  • Analyze property details, exit strategies, deal structure, and overall risk
  • Calculate and validate LTV, ARV, LTC , rehab budgets, and timelines
  • Review appraisals, comps, and market data to confirm property value and feasibility
  • Issue approvals and conditions, ensuring fast and clear communication with the team
  • Work closely with Loan Officers, Processors, and Management to move loans efficiently
  • Identify red flags early and provide clear recommendations
  • Ensure adherence to internal guidelines and lending policies

Requirements

  • 2+ years of underwriting experience in Hard Money / Private Lending (required)
  • Strong understanding of Fix & Flip and Bridge loan underwriting
  • Ability to evaluate ARV-based deals , rehab scopes, and budgets
  • Strong knowledge of appraisals, title reports, insurance, and entity structures
  • Strong attention to detail and ability to work in a high-volume, fast-paced environment
  • Excellent communication skills and ability to make confident decisions

Preferred Qualifications

  • Experience underwriting DSCR and rental investment loans
  • Experience with Ground-Up Construction loans
  • Familiarity with Encompass or other mortgage/loan CRM systems
  • Strong knowledge of investor real estate lending across multiple states

Why Join LBC Mortgage

  • Established company with strong leadership and long-term stability
  • Growing private lending division with strong pipeline
  • Opportunity for career growth into Senior Underwriter / Underwriting Manager role
  • Competitive compensation based on experience
  • Remote flexibility and supportive team environment

Job Tags

Full time

Similar Jobs

Med Source Consultants

Family Medicine Physician - 3630 Job at Med Source Consultants

 ...Family Medicine Physician 3630 Wilkin Clinic Urgent Care *Great family town as well as culturally diverse located on the Mighty Mississippi offering water sports and year round recreation. *Just North of St. Louis *They have a Walk -In Clinic/Urgent Care.... 

Common Threads

Driver Helper - No nights! Job at Common Threads

 ...Job overview: We are seeking a motivated, results-driven Driver Helper who demonstrates a strong work ethic and a commitment to excellence...  ...to all donors and customers. Support the driver in setting up, maintaining, and managing donation sites for collections. Safely... 

Team Builder Recruiting

Holistic Health Coach Job at Team Builder Recruiting

 ...Holistic Health Coach Newport, PA Do you have a passion for helping others improve their natural health through education, encouragement, and practical guidance? Why you'll love working with us: Collaborative Team: Work alongside compassionate professionals... 

PowerFlex

Senior Counsel Job at PowerFlex

 ...Storage and EV Charging in the US. PowerFlexisseeking aSeniorCounselto supportourfastgrowth in theon-site renewable energy...  ...and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran... 

SSM Health

Physician - MD/DO - Sports Medicine Job at SSM Health

 ...Come join our physician-led organization that encourages our physicians to build their practice around delivering an exceptional patient...  ...! Opportunity Highlights: Full-time Outpatient Sports Medicine clinic practice Non-Operative Solo Physician Practice supported...