Job summary
Job post source
This job is directly from Merchants Mortgage & Trust Corporation
Job overview
The Loan Originator is responsible for sourcing and closing relationships for various Bridge Loan programs, focusing on Fix & Flip investors and builders.
Responsibilities and impact
Daily tasks include identifying prospective borrowers, maintaining business relationships, obtaining necessary paperwork, reporting sales activity, and executing business plans with market analysis.
Compensation and benefits
The compensation ranges from $150k to $250k per year, including base salary and commission, along with a comprehensive benefits package including medical, dental, vision, life insurance, and a 401K plan with company match.
Experience and skills
Candidates need a bachelor's degree, at least 2 years of experience in originating bridge loans, and a self-sourced pipeline of $3 million per month, along with proficiency in Microsoft Excel and other software.
Career development
Opportunities for growth may include expanding one's book of business and developing skills in a competitive sales environment.
Work environment and culture
The company values strong communication, teamwork, and a proactive mindset, fostering a collaborative and high-performance work environment.
Company information
Merchants Mortgage & Trust Corporation is a private real estate lender based in Denver, specializing in short-term residential bridge loans and was acquired by KKR in 2022.
Team overview
The team dynamics emphasize collaboration and support, with a focus on high performance and meeting deadlines.
Job location and travel
This is a remote role, but applicants must reside in or near Denver, Colorado.
Application process
Candidates must submit their applications with necessary documentation, including proof of eligibility to work in the US.
Unique job features
The position offers competitive rates and products, full operations support, and all necessary equipment for remote work.
Company overview
Merchants Mortgage & Trust Corporation is a private lender specializing in short-term residential and commercial real estate loans, catering primarily to real estate investors and developers. Established in 1961, the company has built a reputation for offering fast, flexible financing solutions, including bridge loans, fix-and-flip loans, and construction loans. Merchants Mortgage generates revenue through interest and fees on these loans, focusing on quick approvals and personalized service to meet client needs. Their long-standing history and niche expertise make them a trusted partner in the real estate investment industry.
How to land this job
Tailor your resume to highlight your experience in originating bridge loans, emphasizing your relationships with builders and borrowers in the Fix & Flip and Ground Up construction sectors, as these are crucial for the Loan Originator role at Merchants Mortgage & Trust Corporation.
Showcase your strong communication skills and motivation, as well as your ability to thrive in a competitive sales environment, to align with the expectations outlined in the job description.
Apply through multiple platforms including Merchants Mortgage & Trust's corporate website and LinkedIn to maximize your exposure and chances of landing the role.
Connect with individuals in the lending division at Merchants Mortgage & Trust Corporation on LinkedIn to gather insights about the position, using ice breakers like discussing recent trends in bridge financing or asking about their experiences with the company.
Optimize your resume for ATS by incorporating keywords from the job description, such as 'bridge loan', 'business relationships', and 'sales activity', to ensure it passes through initial screenings effectively.
Consider utilizing Jennie Johnson's Power Apply feature, which can streamline your application process, helping you tailor your resume, find the right application channels, and identify key connections for networking opportunities.
Jennie Johnson works for you!
Here’s what we do to make sure you’re successful:
Targeted Resume Revamp:
We expertly craft your resume to navigate Applicant Tracking Systems (ATS) and showcase your qualifications, making you stand out as a top-tier candidate.
Job Description Dissection:
Unpack the job posting with expert analysis, ensuring your application hits every key requirement.
Bespoke Cover Letter:
Capture the attention of hiring managers with a personalized cover letter that highlights how your skills align perfectly with the job's needs.
Interview Mastery:
Prepare for interviews like a pro with likely questions, strategic answers, and insightful questions for you to ask, setting you apart as an informed candidate.
Direct Application Insights:
Receive tailored advice on the best places to apply, ensuring your applications are seen by the right employers.
Skills and Gaps Assessment:
Identify and close critical skills gaps to position yourself as the best-fit candidate for your ideal job.
Personalized Email Pitch:
Make a memorable first impression with an email template crafted to engage potential employers and initiate meaningful conversations.
In-depth Research Guide:
Leverage comprehensive research tools to gather effective insights on companies, industry trends, and role-specific challenges.
Detailed Company Analysis:
Gain in-depth understanding of your prospective employer, giving you the edge in applications and interviews.
Strategic Candidate Overview:
Understand your unique value and why companies would want to interview you, highlighting your background and positioning.