Mortgage Underwriter: LBC Mortgage in Los Angeles

Mortgage Underwriter: LBC Mortgage in Los Angeles Mortgage Underwriter: LBC Mortgage in Los Angeles Start Date09/03/2026 Full-Time The Mortgage Underwriter role at LBC Mortgage is a full-time position based in Los Angeles, California , with remote flexibility. LBC Mortgage reviews candidates for private money lending work across Fix & Flip, Bridge, DSCR, Cash-Out, and Ground-Up loan files. The role evaluates borrower documentation, property details, exit strategies, deal structure, and risk before issuing approvals and conditions. An underwriter with at least two years of hard money or private lending underwriting experience handles the file review. The position requires judgment across investor real estate transactions and multiple loan structures. Encompass or another mortgage or loan CRM is preferred. Employer: LBC Mortgage Location: Los Angeles, California, with remote flexibility A candidate's resume can identify private money underwriting experience, the loan products handled, and any Encompass or similar CRM work. A candidate can also distinguish experience with Fix & Flip, Bridge, DSCR, rental investment, or Ground-Up files so the lending team can assess the closest match. Hard Money And Private Money Loan Files The underwriter evaluates each file through the property and the repayment plan rather than relying on a single borrower metric. ARV-based deals require a reasoned view of the finished property's value, the rehabilitation scope, the budget, and the timeline for completing the work. Bridge files require attention to the exit strategy and the conditions that support repayment. Loan structure calculations include loan-to-value, after-repair value, and loan-to-cost measures. The review also checks whether the requested amount matches the property, the work plan, and the borrower's intended exit. An approval can include conditions that resolve documentation gaps, clarify risk, or establish the items required before funding. ARV and property-value analysis LTV, LTC, and rehab-budget validation Exit-strategy and deal-structure review Approval and condition issuance Borrower And Property Risk Checks Mortgage underwriting examines capacity, credit, and collateral together. A financial review can include income, employment, debt, assets, payment history, and the debt-to-income ratio, while property review tests value, condition, location, and comparable sales. U.S. Bank's underwriting guide describes the same three-part review used to determine loan eligibility. New debt, employment gaps, late payments, large deposits, or contradictory records can require an explanation and additional documentation. The underwriter also checks whether the appraisal, title information, insurance evidence, and entity structure support the proposed transaction. The property review covers more than a headline valuation. Appraisals, comparable properties, market data, title reports, insurance documents, and the proposed use of the property each contribute to the decision. Chase's mortgage explanation covers the income, asset, credit, employment, and appraisal checks that inform this kind of risk assessment. Loan Documents And Approval Conditions The role reviews loan files for completeness and consistency before an approval moves forward. A missing signature, unclear source of funds, unsupported repair budget, or mismatch between the borrower information and property records can create a condition. The underwriter identifies the issue, records the required evidence, and confirms that the response addresses the original concern. Investor and lender standards add another layer to the file review. Conventional lending guidance organizes the work around borrower eligibility, income, assets, credit, liabilities, property eligibility, valuation, insurance, closing, and delivery. Fannie Mae's origination guide maps those areas across the loan workflow, while private money underwriting applies the same discipline to its own lending policies and risk rules. Conditional approval does not end the review. Final approval depends on the required conditions, updated records, and the lender's decision . Clear written reasoning helps loan officers and processors resolve an issue without losing the connection between the evidence and the credit decision. Coordination Across The Lending Team The Mortgage Underwriter works with Loan Officers, Processors, and Management as a file moves from intake to decision. Loan Officers provide the transaction narrative and borrower context. Processors organize documentation and follow up on conditions. Management receives escalated risks and decisions that need a broader lending judgment. The underwriter keeps the property, borrower, loan structure, and conditions aligned. A change to the deal structure can affect LTV, LTC, ARV, rehab timing, or the exit strategy, so the revised information needs a fresh review. The role also requires attention to detail, clear communication, and decision-making in a high-volume lending environment. Encompass or another mortgage or loan CRM is a preferred tool for organizing the file and recording underwriting work. Automated systems can support data review, but the final decision still depends on complete information and professional judgment. Fannie Mae's Desktop Underwriter guidance describes recommendation types, verification findings, resubmission controls, and the lender's responsibility to investigate contradictory information. Experience With Investor Lending Fix & Flip and Bridge experience is required for this position. DSCR and rental investment loans experience is preferred, as is investor real estate lending across multiple states. The underwriter needs to test a proposed rehabilitation plan and identify the assumptions behind the borrower's exit. Ground-Up Construction experience is also preferred. These files can require close attention to construction budgets, draw timing, property value, and the relationship between project progress and the loan structure. The role requires an underwriter who can explain a decision to the lending team in specific, supportable terms. Advancement to Senior Underwriter or Underwriting Manager adds responsibility for portfolio judgment, condition standards, escalation decisions, and consistent file quality across a growing private lending operation. LBC Mortgage was founded in 2008 and provides real estate mortgage services through its mortgage business and private money lending division. The company maintains current openings for professionals who work across mortgage origination and investment lending. The Los Angeles underwriting position combines property analysis, borrower review, and private money credit decisions inside that business. LBC Mortgage's private money division handles the evidence needed to approve, condition, or decline a real estate investment loan, with advancement extending into senior underwriting or management. #J-18808-Ljbffr Mortgage Brokers