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 loan…
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$150k–$250k/yr
Full-time
bachelor degree
Medical Plans, Dental Plans, Vision Plans, Life Insurance, Short-Term Disability, Long-Term Disability
Posted 28d ago
~40 hrs/week
Remote in Seattle, Washington, United States
Responsibilities
The Loan Originator is responsible for sourcing, vetting, and closing relationships for various bridge loan programs. This includes identifying prospective borrowers and maintaining strong business relationships to drive loan volume.
Requirements
Candidates must have a bachelor's degree and at least 2 years of experience originating bridge loans with an established book of business. A minimum monthly self-sourced pipeline of $3 million is required.
Full job description
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
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
Since 1961, Merchants has been the private lender of choice for real estate investors across the US.
Industry
Financial Services
Company size
51-200 employees
Founded
1961
Headquarters
Greenwood Village, CO
LinkedIn followers
3,109
Merchants Mortgage & Trust Corporation is a premier nationwide private real estate lender with a strong focus on non-owner-occupied Fix & Flip Properties, Ground-Up Construction, Multifamily Projects, and DSCR Financing.
We have decades of expertise funding complex transactions, crafting flexible and logical loan structures, and delivering fast, reliable underwriting that meet the unique needs of each client. Our commitment to efficiency and service enables real estate investors to act quickly in competitive markets, backed by a lender who understands the nuances of real estate investing.
Founded in 1961 and headquartered in Greenwood Village, Colorado, Merchants has grown its presence nationwide with established offices and lending partners across the U.S. In 2022, we took a transformative step by partnering with the global investment firm KKR. This alliance has significantly strengthened our resources, enhancing our ability to support investors and expanding our reach and influence within the real estate lending market.
Offices: 7400 E. Crestline Circle, #250, Greenwood Village, CO 80111, US
Premier fix-and-flip lender for real estate investors.Construction LoansFix-to-HoldNonrecourse Loans to IRAsFast ClosingsEasy UnderwritingOutstanding Customer ServiceReasonable Rates and Feesreal estate lendinghard money