Senior Underwriter

LBC Mortgage • California City, California, United States • 17h ago

About LBC Mortgage

LBC Mortgage is a Los Angeles–based mortgage company with over 20 years of industry experience. Our Private Lending Division is rapidly growing and focused on funding real estate investor loans nationwide, including Fix & Flip, Bridge, DSCR, and Ground-Up Construction.

We are looking for an experienced Senior Hard Money Underwriter who can independently underwrite complex deals, support junior underwriters, and ensure strong credit and collateral decisions while keeping the pipeline moving quickly.

Key Responsibilities

Independently underwrite and approve Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR, Ground-Up, Cash-Out, etc.)
Review full loan packages including borrower profile, entity structure, credit, liquidity, and exit strategy
Analyze collateral, appraisals, comps, market conditions, rehab budgets, and timelines
Calculate and validate LTV, ARV, LTC, and deal profitability
Identify risk factors early and provide clear recommendations to leadership
Issue approvals, conditions, and exceptions in line with company guidelines
Collaborate with Loan Officers, Processors, and Closing teams to ensure fast turn times
Assist in training, mentoring, and supporting junior underwriters
Participate in improving underwriting processes, policies, and efficiency
Ensure loan files meet internal requirements and compliance standards

Requirements

4+ years of Hard Money / Private Money underwriting experience (required)
Strong expertise in ARV underwriting, rehab budgets, and investor deal analysis
Proven experience underwriting Fix & Flip and Bridge loans at volume
Strong knowledge of appraisals, title, insurance, entity documentation, and real estate investor structures
Ability to work independently and make confident credit decisions
Strong communication skills with internal teams, brokers, and borrowers
Highly organized with strong attention to detail and deadline management

Preferred Qualifications