Underwriter
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