Senior Loan Officer

International Executive Service Corps; Austin, Northern (TX, KY); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Builder Finance Inc. in Austin, TX seeks a Senior Loan Officer focused on DSCR originations. You will be the front line, working with investors, brokers, property managers, realtors, and other sources; you must be self-motivated and entrepreneurial.

Compensation is performance-based with a base salary plus benefits. You will work in space private to BFI within a coworking facility in Austin, with initial travel to Sioux Falls and an annual trip thereafter.

Qualifications

• Experience in DSCR originations is required.
• Self-motivated and entrepreneurial approach to originate loans.

Responsibilities

• Focus on DSCR originations and act as the front line with investors, brokers, property managers, realtors, and other sources.
• Maintain accurate data in the CRM and support ongoing originations with internal teams.

Skills

DSCR originations

Job description

Title: Senior Loan Officer

Location: Austin, TX

Builder Finance Inc. (BFI) is the growing lender to homebuilders and housing investors. Launched in 2014, BFI now has several coast-to-coast lending programs with additional programs planned. Clients choose BFI for its great pricing, great terms, and industry-leading customer experience. Details are available at BuilderFinance.com.

Location: Remote work is not offered. This position will work out of space private to BFI within a larger coworking facility in Austin. BFI’s main office is in Sioux Falls, SD and there is an ancillary office in New York City. Within the initial 3 months of employment, plan to spend 2-3 weeks working out of the main Sioux Falls office. Thereafter assume an annual trip to Sioux Falls, SD.

Job Overview: If hired, you will focus on DSCR originations. You will be the front line, working with investors, brokers, property managers, realtors, and other sources. You must be self-motivated and entrepreneurial.

BFI is a direct lender with access to a balance sheet that is low cost and flexible. Our balance sheet provides a meaningful competitive advantage. Your originations will be retained on balance sheet through maturity or aggregated on balance sheet for eventual bulk sales.

You will receive increasing amounts of institutional support as you ramp up your originations. Initially, support from closing personnel will be provided. Pending at least moderate success, underwriting, marketing, and information technology resources may become available.

Compensation: Compensation is performance based. There is potential for substantial bonus compensation. Any bonus would be success-based and tied to profitability consistent with a well-defined employment agreement. There would also be a base salary (not a draw) and standard benefits.

Ongoing performance is required to maintain your employment, including but not limited meeting minimum origination targets; avoiding meaningful client or loan buyer issues; and maintaining accurate, up-to-date information in the HubSpot CRM.

Qualifications

Experience in DSCR originations is required. Whether you are your firm’s rainmaker or in need of a fresh start, we will consider your candidacy.

We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental insurance, generous paid leave program, 401(k) and much more!

Builder Finance Inc. is an equal opportunity and affirmative action employer.

All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Builder Finance Inc. participates in E-Verify

E-Verify Right to Work Poster (justice.gov)