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LOAN ORIGINATOR

Merchants Mortgage & Trust Corporation
mid

Job description

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 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