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
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Identify, develop, and close on prospective bridge loan borrowers
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Cultivate and maintain strong business relationships with borrowers
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Obtain all required paperwork and financial information from perspective borrowers
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Report business development and sales activity
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Meet with new and existing prospects
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Help develop and execute business plans with thorough market and competitor analysis
Other Responsibilities/Qualifications
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Excellent communication skills (written and verbal)
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High motivation and a proactive mindset to understand problems, offer solutions, build relationships and work through institutional decision-making
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A collaborative approach to getting work done
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Team-player orientation
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Critical thinker regarding risk and quality of assets being originated
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Ability to work in a high volume, fast-paced environment and successfully meet established deadlines
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Ability to work independently and be self-motivated with measurable results
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Proficient in: Microsoft Excel, LinkedIn & LinkedIn Navigator, Teams
Requirements
Eligibility Requirements
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Bachelor’s degree required
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2 or more years of experience originating bridge loans and a minimum monthly self-sourced pipeline of $3m
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Established book of business
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Excel, Word and basic computer skills
What We Offer
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Competitive Salary
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Competitive rates and products
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Full operations support
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All necessary equipment provided to work remote or in office
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Benefits package including Medical, Dental and Vision Plans, Life Insurance, Short-Term & Long-Term Disability, 401K with Company Match
Other
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Must be authorized to work in US
