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Commercial Mortgage Broker

Elanden Advisors

New York (NY)

On-site

USD 60,000 - 100,000

Full time

14 days ago

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Job summary

A national commercial mortgage brokerage, based in New York City, is seeking Commercial Mortgage Brokers. The role includes hands-on training and offers a commission structure with unlimited earnings potential. Ideal candidates will possess strong self-motivation and effective communication skills to build client relations and identify new business opportunities.

Benefits

Hands-on training from experts
Robust network of lenders
Support from senior brokers
Full analyst and processing team
Mentorship for junior brokers

Qualifications

  • Candidates must be self-motivated, well-spoken with strong writing skills, and willing to make cold calls.
  • Experience in handling multiple projects is preferred.
  • A Real Estate Salesperson License is required to perform the job.

Responsibilities

  • Identify new business opportunities and maintain current client relationships.
  • Meet with clients to discuss their financing needs and negotiate loan terms.
  • Participate in loan closing processes and prepare loan submission statements.

Skills

Business-writing skills
Self-motivation
Strong work ethic
Cold calling

Education

Real Estate Salesperson License
Experience in a quantitative focused job

Job description

2 days ago Be among the first 25 applicants

We are seeking to add Commercial Mortgage Brokers to our growing team. Incoming brokers will go through a hands-on training and mentorship program with some of the industry’s top mortgage brokers. This role is 100% commission, has no cap in earnings, and is an opportunity to control your own career trajectory.

Job Responsibilities:

  • Identify new business opportunities, maintain current clients, and secure meetings with senior executives at end-user and landlord businesses.
  • Meet with clients and lenders to build relationships and proactively discuss their financing needs
  • Work in coordination with analysts in the planning of loan submission statements for review by capital providers and negotiate loan terms with those providers.
  • Participate in all aspects of loan closing process including negotiation of documents and terms

Ideal Candidate:

  • Self-motivated individual with a strong work ethic and self-discipline
  • Well-spoken and possess effective business-writing skills
  • Willingness to make cold calls
  • Experience handling a high volume of projects at once
  • Real Estate Salesperson License (Required to perform the job, however, not a prerequisite for hiring)
  • Prior work experience in quantitative focused job and/or sales

Who we are:

We are a growing national commercial mortgage brokerage company based in New York City and with offices in Connecticut, South Carolina, and Florida. We believe in three core values: integrity, hard work, collaboration. We are committed to working as a team in a collaborative environment to deliver superior service and quality for our clients. We work hard by always having a “whatever it takes” attitude and doing our best to make sure every deal closes on time and as promised. We interact with each other, our lenders, and our clients in an honest and straight-forward way at all times.

We are focused on finding creative, cost-efficient financing solutions for our clients in the middle-market space. Our broad expertise and wealth of experience enable us to add value to transactions ranging from conventional, stabilized refinancing transactions to fast-closing bridge transactions.

Our primary geographic concentration is on the East Coast. Our work, however, has taken us from Los Angeles, to Charleston and from Minneapolis to Houston. Our successful closings also span a wide range of product types and have included multifamily, office, multi-tenant retail, single-tenant retail, construction, major rehabilitation, land, medical, storage, industrial, distribution, and hospitality assets. Lending relationships across the product spectrum have enabled us to be successful on such a diversity of assignments.

The way in which we differentiate ourselves is by conducting honest and thoughtful analysis at the start of a relationship. We present terms that we believe we can deliver and we take on assignments that we believe we can close. We believe that honesty is always the best policy.

What we offer:

  • Hands on training from experts in sales and the technical elements of mortgage brokerage
  • A robust network of lenders and service providers throughout New York, the Northeast and various national networks
  • A track record of $4 Billion in closed loans across 700+ transactions
  • A full tech and personnel suite to allow you to focus on generating leads and converting them to closed business
  • Thoughtful lead generation
  • Senior brokers at your disposal any time go on meetings and help you close business
  • Full analyst team to underwrite and prepare packages
  • Full processing team to handle all loan closings and allow you to focus on originating
  • A familial company that will provide mentorship and care to its junior brokers
  • A credible and trusted brand name
Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance, Sales, and Business Development
  • Industries
    Real Estate, Financial Services, and Loan Brokers

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