Underwriter

LBC Mortgage; Los Angeles (CA); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation based on experience

Remote flexibility

Opportunity for career growth

Job summary

A leading mortgage company in Los Angeles seeks a skilled Hard Money Underwriter to evaluate and underwrite loans efficiently. Candidates must have at least 2 years of experience in Hard Money/Private Lending, with a strong understanding of Fix & Flip and Bridge loan processes. The role includes analyzing the risk of loans and working collaboratively with the team to ensure swift operations. This position offers remote flexibility and growth opportunities within the company.

Qualifications

• 2+ years of underwriting experience in Hard Money / Private Lending (required).
• Strong attention to detail and ability to work under pressure.
• Excellent communication skills and capable of making confident decisions.

Responsibilities

• Underwrite Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR, Cash-Out, etc.).
• Review loan files and borrower documentation effectively.
• Analyze property details, exit strategies, deal structure, and overall risk.

Skills

Underwriting experience in Hard Money / Private Lending

Fix & Flip and Bridge loan underwriting

Evaluating ARV-based deals

Understanding of appraisals and title reports

Attention to detail

Excellent communication skills

Tools

Encompass or other mortgage/loan CRM systems

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.

Hard Money Underwriter

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