Loan Originator
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Job Description
Loan Originator sourcing and closing bridge-loan borrowers for MMTC, a private real estate lender. Building relationships with Fix & Flip and construction investors.
Responsibilities:
- Identify, develop, and close prospective bridge loan borrowers
- Cultivate and maintain strong business relationships with borrowers
- Obtain required paperwork and financial information from prospective borrowers
- Report business development and sales activity
- Meet with new and existing prospects
- Develop and execute business plans with thorough market and competitor analysis
- Source, vet, foster, and close relationships for MMTC’s Bridge Loan programs
- Provide builders with bridge financing
- Work with borrowers active in residential real estate Fix & Flip and Ground Up construction
Requirements:
- Bachelor’s degree required
- 2 or more years of experience originating bridge loans
- Minimum monthly self-sourced pipeline of $3m
- Established book of business
- Excel, Word and basic computer skills
- Excellent written and verbal communication skills
- High motivation and a proactive mindset
- Collaborative approach to getting work done
- Team-player orientation
- Critical thinking regarding risk and quality of assets being originated
- Ability to work in a high volume, fast-paced environment and meet established deadlines
- Ability to work independently and be self-motivated with measurable results
- Proficiency in Microsoft Excel, LinkedIn, LinkedIn Navigator, and Teams
- Must be authorized to work in US
Benefits:
- Competitive rates and products
- Full operations support
- All necessary equipment provided to work remote or in office
- Medical, Dental and Vision Plans
- Life Insurance
- Short-Term & Long-Term Disability
- 401K with Company Match
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