Loan Originator
About The Position
Merchants Mortgage & Trust Corporation (MMTC), a private real estate lender headquartered in Denver, Colorado, specializes in short-term residential bridge loans for Fix & Flip investors, commercial loans, construction loans, and rental property loans. MMTC was acquired by KKR in 2022. The Loan Originator sources, vets, fosters, and closes relationships for MMTC’s bridge loan programs. The role is suited to candidates with experience providing bridge financing to builders and established relationships with borrowers active in residential Fix & Flip and Ground Up construction. It is a competitive sales position requiring motivation, strong communication, and the ability to work effectively with borrowers and internal teams. Compensation is $150,000–$250,000 per year, consisting of base pay and commission.
Requirements
- Bachelor’s degree required.
- At least 2 years of experience originating bridge loans.
- Minimum monthly self-sourced pipeline of $3 million.
- Established book of business.
- Experience providing builders with bridge financing and relationships with borrowers active in residential Fix & Flip and Ground Up construction.
- Excellent written and verbal communication skills.
- High motivation and a proactive mindset to understand problems, offer solutions, build relationships, and work through institutional decision-making.
- Collaborative approach and team-player orientation.
- Critical thinking regarding risk and the 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 with Microsoft Excel, LinkedIn, LinkedIn Navigator, and Teams; Excel, Word, and basic computer skills.
- Must be authorized to work in the United States.
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.
- Help develop and execute business plans, including thorough market and competitor analysis.
Benefits
- Medical insurance
- Dental insurance
- Vision insurance
- Life insurance
- Short-term disability insurance
- Long-term disability insurance
- 401(k) with company match
- Full operations support
- Necessary equipment provided for remote or in-office work
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What This Job Offers
Job Type
Full-time
