Title: Senior Loan Officer

Location: Dallas, TX (Remote for TX)

The Position

If hired, you will focus exclusively 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.

You will receive increasing amounts of institutional support as you ramp up your originations. Initially, support from underwriting and closing personnel will be provided. Pending at least moderate success, marketing and information technology resources may become available. BFI may also offer access to a substantial, low-cost balance sheet that can be utilized to aggregate and/or stabilize loans for best execution.

Compensation

There is potential for substantial bonus compensation. Any bonus would be success-based and tied to profitability consistent with a well-defined employment agreement. There would also be a base salary (not a draw) and standard benefits.

While BFI may offer a great platform, unique resources, and potential for significant upside, the DSCR space is competitive. You must be able to thrive despite this competition. Ongoing performance is required to maintain your employment, including but not limited meeting minimum origination targets; avoiding meaningful client or loan buyer issues (e.g. a forced repurchase); and maintaining accurate, up-to-date information in our CRM (Hubspot).

Qualifications

A strong background in DSCR originations is required. Whether you are your firm's rainmaker or in need of a fresh start, we will consider your candidacy. If you currently originate $60+ million per year, we can speak about dedicated, flexible balance sheet to help you originate loans that you can't easily do today.

Alternatively, we will also consider top-tier, non-QM originators with some experience in DSCR originations.

We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental insurance, generous paid leave program, 401(k) and much more!