WINNER 2025

LBC Mortgage Celebrates 2025 Global Recognition Award™

Global Recognition Awards
GRA Alex Shekhtman

LBC Mortgage Receives 2025 Global Recognition Award™

LBC Mortgage has been recognized with a 2025 Global Recognition Award for demonstrating world-class achievement in service delivery and mentoring within the mortgage industry. Founded in Los Angeles in 2008 by Alex Shekhtman, the multi-state mortgage brokerage has built a nearly two-decade legacy of expanding homeownership access to underserved borrowers while simultaneously developing a comprehensive ecosystem of mentoring and education programs that have shaped hundreds of mortgage professionals. The company operates across ten states, including California, Florida, Illinois, Washington, Texas, North Carolina, South Carolina, Colorado, Pennsylvania, and Oregon. It has been recognized by the National Association of Mortgage Brokers with consecutive Broker of the Year awards in 2024 and 2025.

Global Recognition Awards employs the Rasch measurement model to evaluate applicants, creating a linear measurement scale that enables precise comparisons across categories of excellence. This statistical methodology, developed by Danish mathematician Georg Rasch, converts ordinal rating data into standardized measurements that account for variations in evaluator severity and question complexity, ensuring objective assessment regardless of which specific judges review the applications. LBC Mortgage achieved exceptional ratings across multiple evaluation dimensions, scoring 5 out of 5 in service impact on community, scale and reach of service initiatives, novel approaches to addressing societal needs, measurable outcomes, and all five mentoring categories, including mentee diversity, career advancement, program development, industry talent impact, and testimonial quality.

Service Innovation For Underserved Borrowers

LBC Mortgage has distinguished itself through targeted programs that address systemic barriers faced by self-employed individuals, freelancers, business owners, and immigrants seeking homeownership, populations that traditional financial institutions have historically marginalized or outright rejected. The company’s employee home-buying program represents a significant advancement in income verification methodology by using alternative documentation to qualify borrowers who would otherwise remain trapped in perpetual rental status. This program has helped hundreds of borrowers who faced years of rental instability or delayed homeownership plans finally secure mortgages, particularly benefiting those with non-traditional income streams that conventional underwriting systems fail to accommodate.

Shekhtman, a two-time NAMB Broker of the Year recipient and Four-Year Five Star Mortgage Professional, built the company’s service model around his personal experience navigating the U.S. financial system as an immigrant, which gave him direct insight into the obstacles that underserved populations encounter when pursuing homeownership. The company maintains relationships with dozens of national lending partners rather than relying on standardized bank formulas, allowing loan officers to match individual client circumstances with appropriate financing solutions that reflect actual creditworthiness instead of arbitrary documentation requirements. LBC Mortgage has processed thousands of loans across FHA, VA, conventional, and jumbo categories, with particular expertise in complex scenarios that require creative problem-solving and specialized knowledge of alternative qualification pathways that remain unknown to most borrowers and many industry professionals.

Comprehensive Mentoring And Industry Development

LBC Academy serves as the company’s formal training infrastructure, offering comprehensive education programs for loan officers and loan processors through expert-led modules and real-world scenario training that prepares participants for immediate entry into the mortgage industry with practical skills rather than merely theoretical knowledge. The curriculum covers mortgage lending fundamentals, platform proficiency, complex lending scenarios, business development strategies, and compliance standards designed to prepare participants for the full spectrum of challenges they will encounter in professional practice. The academy has trained hundreds of mortgage professionals, many of whom have advanced into leadership positions within the industry, demonstrating measurable career progression outcomes that validate the effectiveness of the training methodology and the ongoing mentorship that participants receive.

Shekhtman’s mentoring extends beyond formal programs through his active presence in mortgage industry communities, where he regularly shares market insights, industry trends, and business growth principles across media platforms, podcasts, and social channels that reach established professionals and aspiring entrants to the field. The company’s mentoring approach emphasizes diversity of mentees, with particular attention to serving first-generation professionals and individuals from underrepresented communities seeking entry into the mortgage industry who often lack the networks and insider knowledge that facilitate career advancement in financial services. Mentee testimonials consistently highlight the combination of technical training and personalized guidance that characterizes LBC’s developmental approach, with participants noting the accessibility of leadership and the practical application of learned skills that translates directly into client service capabilities and business development success.

Final Words

LBC Mortgage’s recognition reflects sustained excellence over two decades of operation, combining financial service delivery with institutional development in ways that have materially expanded homeownership access and professional opportunities within the mortgage sector. The company’s service initiatives demonstrate measurable community impact through thousands of completed transactions and hundreds of professionals trained, with particular success in reaching borrowers and professionals whom traditional institutions systematically overlook or exclude. Its dual focus on expanding mortgage accessibility while building industry talent represents a comprehensive approach to addressing immediate client needs and long-term workforce development, benefiting the broader financial services ecosystem.

Alex Sterling, spokesperson for Global Recognition Awards, noted that LBC Mortgage exemplifies the integration of service excellence and mentoring impact that the awards program seeks to recognize. “LBC Mortgage has demonstrated that business success and community service are not competing priorities but complementary forces that drive sustainable industry advancement,” he said. The company continues to expand its geographic footprint and program offerings while maintaining the personalized approach that has defined its reputation since inception and differentiated it from competitors who prioritize transaction volume over client outcomes.

ADDITIONAL INFORMATION

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Industry

Financial Services

Location

Los Angeles, CA, USA

What They Do

LBC Mortgage is a multi-state mortgage brokerage founded in 2008 that connects borrowers with lending solutions across California, Florida, Illinois, Washington, Texas, North Carolina, South Carolina, Colorado, Pennsylvania, and Oregon. The company maintains relationships with numerous national lending partners to provide customized financing options, including conventional loans, FHA, VA, non-QM products, bank statement programs, DSCR loans for investors, and hard money lending. LBC Mortgage specializes in serving self-employed individuals, business owners, immigrants, first-time homebuyers, and real estate investors who often face challenges with traditional bank underwriting. The company also operates LBC Academy, a training program that educates aspiring mortgage professionals through a structured curriculum covering lending fundamentals, compliance, and business development.

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