Loan Originator, Private Lending/Hard Money

Faes & Co.

$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 1+ years of experience in residential private lending, fix & flip, bridging finance, or mortgage broking
  • Sales experience in mortgages or real estate, particularly in private lending or hard money
  • Ability to build and manage a large pipeline of prospective loans
  • Strong verbal, written, and interpersonal communication skills
  • Significant knowledge in private lending and hard money lending strategies

Responsibilities

  • Identify new customers (brokers and borrowers) for real estate lending
  • Handle leads generated through various lead generation channels
  • Assist with marketing efforts for the F2 Finance brand and products
  • Originate loans and oversee processing and underwriting
  • Understand the credit appetite to facilitate deal-making

Benefits

  • 10 days paid holiday
  • Generous base salary plus market-competitive commission
  • Medical insurance
  • 401(k) plan with employer contribution
  • Parking provided at the building
  • Office snacks, good coffee, and catered lunch twice a week
  • Supportive and engaging work environment
Full Job Description
We are looking for an experienced loan officer to join our team. You ideally will have 1+ year(s) of experience, specifically in residential private lending, fix & flip, bridging finance or mortgage broking. Experience as a loan analyst or processor is also fine.

As a loan officer you will be involved in driving loans through the full life-cycle, from assisting with the initial inquiry and information gathering, through to successful loan completion. You will be results orientated, and a team player.

The role involves a very generous base salary, and market competitive bonus on top of salary.

The role will involve:
  • Identifying new customers (brokers and borrowers) for our real estate lending, that fit within our current portfolio appetite
  • Dealing with leads that are generated through the multiple lead generation channels that we have developed
  • Assisting with the marketing of the F2 Finance brand and product
  • Responsibility for loan origination and oversight of processing and underwriting
  • Gaining a thorough knowledge and understanding of our credit appetite, to try and make a deal work.


Requirements

You will have:
  • "hustle"
  • sales experience in mortgages or real estate, and ideally in private lending or hard money
  • the ability to build and manage a large pipeline of prospective loans
  • the ability to work a phone and build working relationships with borrowers and brokers
  • significant knowledge of private lending and hard money
  • a 'customer service' focus
  • the ability to explain things clearly and succinctly, using 'plain English'
  • This is a salaried position with full benefits, however, you will be expected to originate a minimum of $1m/mth in dealflow to keep your seat.


Generally, our company's culture will see you have:
  • a willingness to work hard and a 'can do' attitude
  • the ability to build relationships and have strong verbal, written and interpersonal communication skills
  • the ability to work autonomously, and to prioritize tasks accordingly
  • a willingness to 'get involved' with the business and provide help and assistance as required
  • experience using the latest cloud-based business efficiency platforms such as Google Business Apps, Notion, and Slack etc
  • experience with Hubspot as a CRM, would be a big advantage


The ideal candidate will have:
  • at least 1+ years working in the residential bridging finance/hard money market.

Benefits
  • 10 days paid holiday
  • generous base salary, plus market-competitive commission on top of salary
  • medical insurance
  • 401(k) with employer contribution
  • parking in our building
  • snacks, good coffee and office lunch twice a week from local restaurants
  • great work environment.

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