Originations Analyst

CoreVest American Finance Lender LLC•Irvine, CA

30d•$71,000 - $81,000

About The Position

CoreVest American Finance (CAF) is the leading provider of debt financing for residential real estate investors. We provide construction loans, bridge loans, acquisition credit lines and long-term debt solutions for residential properties across multiple asset classes. The Originations Analyst will work with our team of Relationship Managers to source and structure new loans, analyze financing transactions and work directly with current and new customers. This is an excellent opportunity to work in a fast-paced team environment and quickly build both quantitative and customer-facing skills, expertise related to structuring commercial loans and work closely with senior CAF executives.

Requirements

Bachelor's Degree (Real Estate, Finance, Business Management, Economics, Accounting, Statistics, Data Science)
(0-1 years, this is entry level and targeting recent college graduates and those new to the workforce). Ideally, some experience in real estate, commercial lending, finance or a related field
Strong quantitative and qualitative skill set and superior attention to detail
Ability to multitask and perform in a fast-paced work environment
Excellent MS Excel, Word and PowerPoint skills
Some travel required (Quarterly)
Daily phone and/or in-person interaction with customers

Responsibilities

Work with Relationship Managers and other deal team members to evaluate potential financing transactions.
Conduct initial underwriting (budget analysis, income and expense analysis, loan sizing and structuring) for a variety of loan products, including but not limited to construction loans, bridge loans, credit lines, DSCR loans and term loans.
Assist deal teams in underwriting activities as necessary.
Assist in developing credit memos for loan committee approval.
Interact with potential borrowers and brokers to source new bridge, term, fix and flip, and DSCR loans.
Respond to inbound customer inquiries and conduct outbound sourcing activities.
Attend conferences and in-market investor events to develop customer relationships.
Perform other related duties or special projects as necessary.
Exercise discretion and independent judgment to complete work assignment.