Loan Originator
Merchants Mortgage & Trust Corporation
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Benefits offered by this job
Job summary
Merchants Mortgage & Trust Corporation (“MMTC”) is seeking a Loan Originator to source, vet, foster, and close relationships for its Bridge Loan programs. Ideal candidates have 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
Qualifications
- Bachelor's degree required.
- 2+ 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.
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.
Skills
Education
Tools
Job description
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.
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.
- 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
- 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
- Ability to work in a high volume, fast-paced environment and successfully meet established deadlines
- Ability to work independently and be self-motivated with measurable results
- Proficient in: Microsoft Excel, LinkedIn & LinkedIn Navigator, Teams
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.
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.
- Identify, develop, and close on prospective bridge loan borrowers
- Cultivate and maintain strong business relationships with borrowersObtain 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
- 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
- Ability to work in a high volume, fast‑paced environment and successfully meet established deadlines
- Ability to work independently and be self‑motivated with measurable results
- Proficient in: Microsoft Excel, LinkedIn & LinkedIn Navigator, Teams
- 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
- 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
- Must be authorized to work in US
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