Jobs · Finance · Texas

Loan Originator

Merchants Mortgage & Trust Corporation · Cypress, TX · 4 wk ago
FinanceFull-time

Merchants Mortgage & Trust Corporation (“MMTC”) is a private real estate lender headquartered in Denver, Colorado, specializing 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.

About the role

The Loan Originator will source, vet, foster, and close relationships for MMTC’s various Bridge Loan programs. Ideal candidates have experience providing bridge financing to builders and established relationships with borrowers active in residential real estate Fix & Flip and Ground Up construction. This is a competitive yet rewarding sales position for highly motivated individuals with strong communication skills.

Responsibilities

  • Identify, develop, and close prospective bridge loan borrowers
  • Cultivate and maintain strong business relationships with borrowers
  • Obtain all required paperwork and financial information from prospective 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

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
  • Proficient in Microsoft Excel, LinkedIn & LinkedIn Navigator, Teams
  • Strong written and verbal communication skills
  • High motivation and a proactive mindset
  • Collaborative, team-player orientation
  • Critical thinker regarding risk and asset quality
  • Ability to work in a high-volume, fast-paced environment and meet deadlines
  • Self-motivated with measurable results
  • Must be authorized to work in the US

Pay

$150,000 – $250,000 per year (base + commission)

Benefits

  • Competitive salary
  • Competitive rates and products
  • Full operations support
  • All necessary equipment provided for remote or in-office work
  • Medical, dental, and vision plans
  • Life insurance
  • Short-term and long-term disability
  • 401K with company match

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