Senior Underwriter
LBC Mortgage · Orange, CA · 2 mo ago
On-siteAccountingFull-time
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
- Prioritize 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
- Experience underwriting Ground-Up Construction loans
- Experience underwriting DSCR / rental portfolio loans
- Background in mortgage underwriting is a plus
- Familiarity with Encompass, Calyx, or other loan origination systems