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Collateral Underwriter Jobs (NOW HIRING)

LBC Mortgage

Senior Underwriter

Los Angeles, CA · On-site

$106K - $125K/yr

Independently underwrite and approve Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR ... Analyze collateral, appraisals, comps, market conditions, rehab budgets, and timelines * Calculate ...

LBC Mortgage

Senior Underwriter

Los Angeles, CA · On-site

$106K - $125K/yr

Independently underwrite and approve Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR ... Analyze collateral, appraisals, comps, market conditions, rehab budgets, and timelines * Calculate ...

LBC Mortgage

Senior Underwriter

California City, CA · On-site

$120K - $142K/yr

Independently underwrite and approve Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR ... Analyze collateral, appraisals, comps, market conditions, rehab budgets, and timelines * Calculate ...

LBC Mortgage

Senior Underwriter

Orange, CA · On-site

$105K - $124K/yr

Independently underwrite and approve Hard Money / Private Money loans (Fix & Flip, Bridge, DSCR ... Analyze collateral, appraisals, comps, market conditions, rehab budgets, and timelines * Calculate ...

Park Place Finance, LLC

Underwriter II

POSITION OVERVIEW We are looking for a detail-oriented, analytical Underwriter II to join our ... Experience evaluating 1-4 unit investment properties and residential collateral standards

Builders Capital Exchange

Underwriter

Analyze income property loan requests, including collateral cash flow analysis and valuation ... Issue underwriting decisions and clearly document conditions, risk factors, and mitigating ...

Temple View Capital LLC

Underwriter

Bethesda, MD · Hybrid

$80K - $90K/yr

... collateral analysis. TVC offers specialized programs for real estate investor clients requires an understanding of multiple program guidelines. The Underwriter must be able to keenly understand and ...

SourceLine

Underwriter (Hybrid Role)

Vienna, VA · Hybrid

Structure loan terms based on borrower profile and collateral * Make recommendations on approvals ... Partner with senior underwriting leadership on deal strategy * Support dealer relationships by ...

M/I Homes

Appraisal Underwriter

Columbus, OH

The Underwriter will work with the Appraisal Report and the Collateral Analytics Report in a timely manner to ensure the Appraisal meets MI Financial guidelines and Government Agency requirements.

M/I Homes

Appraisal Underwriter

Columbus, OH · On-site

The Underwriter will work with the Appraisal Report and the Collateral Analytics Report in a timely manner to ensure the Appraisal meets MI Financial guidelines and Government Agency requirements.

M/I Homes

Appraisal Underwriter

Columbus, OH · On-site

The Underwriter will work with the Appraisal Report and the Collateral Analytics Report in a timely manner to ensure the Appraisal meets MI Financial guidelines and Government Agency requirements.

Lone Star Credit Union

Loan Underwriter

Dallas, TX · On-site +1

Loan Underwriter Lone Star Credit Union is searching for a Loan Underwriter. The Loan Underwriter ... Review consumer loan applications, credit bureau information, collateral valuation, tax returns ...

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All JobsCollateral Underwriter Jobs

Collateral Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do collateral underwriter jobs pay per year?

As of Jun 19, 2026, the average yearly pay for collateral underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by Collateral Underwriters, and how are they addressed?

Collateral Underwriters often encounter challenges such as complex property valuations, incomplete or inconsistent documentation, and tight deadlines for loan approvals. Addressing these issues typically involves close collaboration with appraisers, borrowers, and internal teams to gather accurate data and ensure thorough due diligence. Utilizing up-to-date technology and maintaining a strong understanding of market conditions and regulatory changes can help underwriters make informed decisions. Developing excellent organizational and communication skills also aids in managing workflow and resolving issues efficiently. Being proactive and adaptable is key to overcoming day-to-day hurdles in this important risk management role.

What is a Collateral Underwriter job?

A Collateral Underwriter is responsible for evaluating the value and risk associated with real estate used as loan collateral. They analyze appraisal reports, market trends, and regulatory guidelines to ensure accuracy and compliance. Their role helps lenders mitigate risks by determining whether a property's valuation supports the loan amount. Strong analytical skills and knowledge of underwriting guidelines are essential for this position.

What are the key skills and qualifications needed to thrive in the Collateral Underwriter position, and why are they important?

To thrive as a Collateral Underwriter, a solid background in real estate valuation, risk analysis, and loan underwriting—often supported by a bachelor’s degree in finance, business, or a related field—is essential. Familiarity with industry-standard appraisal software, loan origination systems (LOS), and knowledge of regulatory guidelines like USPAP and FNMA/FHLMC standards are typically required. Strong analytical thinking, attention to detail, and effective written and verbal communication skills help set top performers apart. These skills ensure accurate collateral evaluation, sound risk mitigation, and smooth collaboration with loan officers, appraisers, and compliance teams.

More about Collateral Underwriter jobs
What cities are hiring for Collateral Underwriter jobs? Cities with the most Collateral Underwriter job openings:
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Collateral Underwriter jobs near you
Infographic showing various Collateral Underwriter job openings in the United States as of June 2026, with employment types broken down into 99% Full Time, and 1% Contract. Highlights an 66% Physical, 13% Hybrid, and 21% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.
Senior Underwriter

Senior Underwriter

LBC Mortgage

Los Angeles, CA • On-site

$106K - $125K/yr

Full-time

Posted 10 days ago

Job description

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
  • 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

Why Join LBC Mortgage
  • Stable company with 20+ years in the lending industry
  • Rapidly growing Private Lending Division with strong deal flow
  • Competitive compensation based on experience
  • Remote flexibility
  • Opportunity to grow into Underwriting Manager / Credit Lead role
  • High-impact position with direct influence on loan quality and performance

Apply