Underwriter III - Mortgage

Lendistry, LLC.; Los Angeles (CA); On-site; USD 44,083 - 53,726; Full time

Job summary

A leading fintech lender located in Los Angeles is seeking an experienced Underwriter III to evaluate and approve residential mortgage loans. The ideal candidate will have at least 3 years of underwriting experience in Conventional, FHA, and VA loans, along with the necessary certifications. You will be responsible for analyzing borrower credit profiles and ensuring compliance with guidelines. This role offers a competitive salary from $32.00 to $39.00 per hour, positioned in a mission-driven environment focused on community impact.

Qualifications

• 3+ years of demonstrated experience underwriting Conventional, FHA, and VA mortgage loans.
• Active and current FHA Direct Endorsement (DE) and SAR certification required.
• Strong experience underwriting purchase transactions preferred.

Responsibilities

• Underwrite Conventional, FHA, VA, and USDA loan products.
• Analyze borrower credit profiles to issue credit decisions.
• Evaluate and assess overall loan risk by reviewing property documentation.

Skills

Underwriting Conventional loans

Knowledge of FHA, VA, and USDA loan products

Credit analysis

Loan documentation review

Education

High school diploma or GED

FHA Direct Endorsement (DE) and SAR certification

Tools

Desktop Underwriter (DU)

Loan Prospector (LP)

Job description

Underwriter III - Mortgage page is loaded## Underwriter III - Mortgagelocations: On-Site - Los Angeles CAtime type: Full timeposted on: Posted Yesterdayjob requisition id: JR100052At Lendistry, we’re more than just a fintech company—we’re a mission-driven team changing the game for small business owners and the communities they serve. As a national employer and proud recipient of 2025's Best Places to Work in Fintech, we believe in creating opportunity, driving equity, and delivering impact where it matters most. We’re looking for strategic thinkers and passionate doers—people who show up every day ready to make a real difference. If you’re driven by purpose and thrive in a culture of innovation and service, Lendistry might just be the place for you.**A Day in the Life**The **Underwriter III** is responsible for evaluating and approving residential mortgage loans in accordance with company, investor, and regulatory guidelines, ensuring sound credit decisions, timely turnaround, and high-quality loan production. Some travel may be required.**Lendistry Home Loans: Who We Are**B.S.D. Capital, Inc. dba Lendistry is a minority-led fintech lender and community development financial institution (CDFI). We created Lendistry Home Loans to help undercapitalized families and communities access fair, responsible mortgages when purchasing and/or refinancing property.Lendistry Home Loans offers residential loans between $25,000 - $5,000,000. Lendistry Home Loans will be a direct lender but might broker on occasion based on economic and market conditions.**What You’ll Be Doing*** Underwrite Conventional, FHA, VA, and USDA loan products in accordance with company, investor, and industry guidelines, maintaining a standard 24–48 hour turnaround time.* Analyze borrower credit profiles and issue sound credit decisions through review of financial statements, credit reports, and key ratios including DTI and LTV.* Evaluate and assess overall loan risk by reviewing property documentation, including purchase contracts, escrow instructions, and preliminary title reports.* Assign, review, and clear appropriate loan conditions to ensure accuracy, completeness, consistency, and regulatory compliance, identifying and escalating documentation red flags as needed.* Assist in the restructuring of loan files to meet applicable lending and agency guidelines.* Research and interpret agency and investor guidelines to support underwriting decisions and condition sign-offs.* Collaborate with the Processing Department to resolve complex or problematic files and expedite underwriting submissions.* Clearly communicate underwriting decisions and rationale to internal stakeholders, management, and auditors.* Request, organize, and review loan documentation, independently submitting complete files to underwriting on a monthly basis.* Utilize automated underwriting systems including Desktop Underwriter (DU) and Loan Prospector (LP) to support credit decisions.* Perform other duties assigned to support the efficient operation of the entire department and that will help to make Lendistry the best place to work!**Your Areas of Knowledge and Expertise*** 3+ years of demonstrated experience underwriting Conventional, FHA, and VA mortgage loans.* Active and current FHA Direct Endorsement (DE) and SAR certification required.* Strong experience underwriting purchase transactions preferred.* 6+ years of overall mortgage industry experience strongly preferred.* High school diploma or GED required.**Compensation Range**The US base salary range for this full-time position is $32.00- $39.00 an hour.Our salary ranges are determined by role, level, and location.The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process.Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.**Physical Requirements**This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.ACKNOWLEDGEMENT B.S.D. Capital, Inc. dba Lendistry is an equal employment opportunity employer committed to providing its employees, applicants and other covered persons with equal opportunities without regard to race, color, age (40 or older), religious creed (including religious belief, practice or dress and grooming practices), national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender (including pregnancy, childbirth or medical condition related to pregnancy or childbirth), gender expression, gender identity, sexual orientation, military or veteran status (including past, current or prospective service), or any other characteristic protected under applicable federal, state or local law.At Lendistry, we’re more than just a fintech company—we’re a mission-driven team changing the game for small business owners and the communities they serve. As a national employer and proud recipient of 2025's Best Places to Work in Fintech, we believe in creating opportunity, driving equity, and delivering impact where it matters most. We’re looking for strategic thinkers and passionate doers—people who show up every day ready to make a real difference. If you’re driven by purpose and thrive in a culture of innovation and service, Lendistry might just be the place for you.