Loan Originator
Boost your chances before you apply.
Merchants Mortgage & Trust Corporation
Seattle, WA, US
Summary
The Loan Originator is responsible for sourcing, vetting, and closing bridge loan relationships with real estate investors. They will cultivate business relationships, manage the loan application process, and execute business plans through market analysis.
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
- 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
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
Merchants Mortgage & Trust Corporation is a premier nationwide private real estate lender with a strong focus on non-owner-occupied Fix & Flip Properties, Ground-Up Construction, Multifamily Projects, and DSCR Financing.
We have decades of expertise funding complex transactions, crafting flexible and logical loan structures, and delivering fast, reliable underwriting that meet the unique needs of each client. Our commitment to efficiency and service enables real estate investors to act quickly in competitive markets, backed by a lender who understands the nuances of real estate investing.
Founded in 1961 and headquartered in Greenwood Village, Colorado, Merchants has grown its presence nationwide with established offices and lending partners across the U.S. In 2022, we took a transformative step by partnering with the global investment firm KKR. This alliance has significantly strengthened our resources, enhancing our ability to support investors and expanding our reach and influence within the real estate lending market.
Founded
1961
Company size
51-200 employees
Industry
Financial Services
Org type
Privately Held
Headquarters
Greenwood Village, CO
Merchants Mortgage & Trust Corporation is a premier nationwide private real estate lender with a strong focus on non-owner-occupied Fix & Flip Properties, Ground-Up Construction, Multifamily Projects, and DSCR Financing.
We have decades of expertise funding complex transactions, crafting flexible and logical loan structures, and delivering fast, reliable underwriting that meet the unique needs of each client. Our commitment to efficiency and service enables real estate investors to act quickly in competitive markets, backed by a lender who understands the nuances of real estate investing.
Founded in 1961 and headquartered in Greenwood Village, Colorado, Merchants has grown its presence nationwide with established offices and lending partners across the U.S. In 2022, we took a transformative step by partnering with the global investment firm KKR. This alliance has significantly strengthened our resources, enhancing our ability to support investors and expanding our reach and influence within the real estate lending market.
Founded
1961
Company size
51-200 employees
Industry
Financial Services
Org type
Privately Held
Headquarters
Greenwood Village, CO