Loan Originator

Company

Merchants Mortgage & Trust Corporation (“MMTC”) is a private real estate lender headquartered in Denver, Colorado. MMTC specializes in short term residential bridge loans for Fix & Flip investors, commercial loans, construction loans and rental property loans. MMTC was acquired by KKR, a leading global investment firm, in 2022.

Compensation: 150k/ year to 250k/ year (base + commission)
Role Summary/Purpose

The Loan Originator will be responsible for sourcing, vetting, fostering, and closing relationships for Merchants Mortgage & Trust’s various Bridge Loan programs. Candidates should have relevant experience in providing builders with Bridge financing and should have relationships with loan borrowers active in the residential real estate Fix & Flip & Ground Up construction space. Candidates should be highly motivated, have strong communication skills and the ability to thrive in a competitive yet rewarding sales position.
Responsibilities

- Identify, develop, and close on prospective bridge loan borrowers

- Cultivate and maintain strong business relationships with borrowers

- Obtain all required paperwork and financial information from perspective borrowers

- Report business development and sales activity

- Meet with new and existing prospects

- Help develop and execute business plans with thorough market and competitor analysis

Other Responsibilities/Qualifications

- Excellent communication skills (written and verbal)

- High motivation and a proactive mindset to understand problems, offer solutions, build relationships and work through institutional decision-making

- A collaborative approach to getting work done

- Team-player orientation

- Critical thinker regarding risk and quality of assets being originated

- Ability to work in a high volume, fast-paced environment and successfully meet established deadlines

- Ability to work independently and be self-motivated with measurable results

- Proficient in: Microsoft Excel, LinkedIn & LinkedIn Navigator, Teams

Requirements
Eligibility Requirements

- Bachelor’s degree required

- 2 or more years of experience originating bridge loans and a minimum monthly self-sourced pipeline of $3m

- Established book of business

- Excel, Word and basic computer skills

What We Offer

- Competitive Salary

- Competitive rates and products

- Full operations support

- All necessary equipment provided to work remote or in office

- Benefits package including Medical, Dental and Vision Plans, Life Insurance, Short-Term & Long-Term Disability, 401K with Company Match

Other
- Must be authorized to work in US

Originally posted on Himalayas