CRE Loan Officer: Accelerate Commercial Lending

MRINetwork; Detroit (MI); On-site; USD 90,000 - 130,000; Full time

Job summary

MRINetwork in Detroit, MI is seeking a Commercial Real Estate Loan Officer to cultivate new CRE loan business through a network of brokers, business owners, and investors. The role requires deep CRE underwriting knowledge and strong relationship management to source, evaluate, and close loans.

You will interview applicants, analyze financials, coordinate appraisals, and ensure loan packages meet bank policies while maintaining confidentiality of all loan data.

Qualifications

• Bachelor's degree or equivalent work experience.
• Five or more years of commercial real estate lending experience.
• Fluent in the principles of CRE underwriting.
• In depth understanding of occupancy and rent trends in local markets.
• Comfortable with technology supporting sales management, marketing, pricing, initial underwriting, pipeline management and loan performance tracking.
• Familiar with loan products and pricing of local competitors.

Responsibilities

• Solicit and coordinate the closing of commercial loans; develop CRE loan business with brokers, owners and investors.
• Provide guidance to developers on partnerships, collateral, feasibility studies, and vacancy rate factors.
• Interview applicants to assess credit, earnings and income to determine loan risk.
• Obtain and analyze financial/credit data; arrange appraisal or feasibility studies.
• Review loan packages for completeness and compliance with standards.
• Notify applicants of requests not conforming to lending guidelines.
• Maintain knowledge of all types of commercial loans.
• Keep loan data confidential.

Skills

CRE underwriting

Loan pricing

Pipeline management

Loan performance tracking

Broker relationship mgmt

Market trends analysis

Education

Bachelor's degree or equivalent

Job description

MRINetwork in Detroit, MI is seeking a Commercial Real Estate Loan Officer to cultivate new CRE loan business through a network of brokers, business owners, and investors. The role requires deep CRE underwriting knowledge and strong relationship management to source, evaluate, and close loans.

You will interview applicants, analyze financials, coordinate appraisals, and ensure loan packages meet bank policies while maintaining confidentiality of all loan data.