Senior Loan Officer
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.
About the role
As a Senior Loan Officer, 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 low-cost, flexible balance sheet that provides a meaningful competitive advantage. Your originations will be retained on balance sheet through maturity or aggregated 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.
Location
This is an on-site position in Dallas, TX. Remote work is not offered. You will work out of a private BFI space within a larger coworking facility. Within the first 3 months, plan to spend 2–3 weeks working out of the main office in Sioux Falls, SD. Thereafter, assume an annual trip to Sioux Falls.
Responsibilities
- Originate DSCR loans retained on BFI’s balance sheet or aggregated for bulk sales
- Engage with investors, brokers, property managers, realtors, and other referral sources
- Maintain accurate, up-to-date information in the HubSpot CRM
- Meet minimum origination targets and avoid client or loan-buyer issues
Requirements
- Experience in DSCR originations is required
- Self-motivated and entrepreneurial mindset
- Ongoing performance is required to maintain employment
Compensation & Benefits
Compensation is performance-based with a base salary (not a draw) and potential for substantial bonus tied to profitability under a well-defined employment agreement. Standard benefits include:
- Affordable medical and dental insurance
- Generous paid leave program
- 401(k) retirement plan