Loan Originator

Merchants Mortgage & Trust Corporation

Jacksonville (FL)

Hybrid

USD 150,000 - 250,000

Full time

3 days ago
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Benefits offered by this job

Competitive salary
Comprehensive benefits
Remote/office equipment
401K with company match
Full operations support

Job summary

Merchants Mortgage & Trust Corporation is seeking a Loan Originator to source, vet, foster, and close relationships for Bridge Loan programs. Ideal candidates will have experience with Fix & Flip and Ground Up construction financing, strong communication skills, and a proactive, collaborative approach to sales in a competitive environment.

The role offers a base salary plus commissions, with remote or in-office work options.

Qualifications

  • Bachelor’s degree required.
  • 2+ years of bridge loan origination experience.
  • Established book of business.
  • Excel and Word skills.

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.
  • Develop and execute business plans with market and competitor analysis.

Skills

Excellent communication skills
Team-player
Proactive mindset
Collaborative approach
Critical thinker

Education

Bachelor’s degree

Tools

Excel
Word

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
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
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