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
Requirements
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
Originally posted on Himalayas