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Senior Loan Originator
2 months ago
Join a prominent player in the commercial real estate lending sector, with over three decades of experience in providing debt and equity financing for properties ranging from $1MM to $15MM. We are seeking a dedicated Loan Officer to become a vital member of our expanding team. This role offers excellent benefits, competitive compensation, and a flexible work environment.
Key Responsibilities- Develop and nurture relationships with a diverse range of commercial real estate developers and brokers.
- Source, assess, and finalize real estate loans secured by various property types including office, retail, multi-family, industrial, and hospitality.
- Conduct thorough credit and risk evaluations of real estate collateral, focusing on property economics and market trends.
- Analyze loan opportunities based on structure, legal documentation, and pricing within established credit risk parameters.
- Perform annual credit assessments, monitor loan performance, and propose solutions for any non-performing or defaulted loans.
The ideal candidate will possess:
- A minimum of 3 years of experience in closing real estate loans across various product types, including multi-family, retail, office, and NNN transactions.
- Strong communication skills to effectively interact with borrowers, loan originators, underwriting teams, and regulatory agencies to ensure efficient closings.
- Experience working with a variety of lenders, including commercial banks, credit unions, CMBS, and life insurance companies.
- A Bachelor's Degree is highly preferred.
We offer an entrepreneurial culture with significant growth potential, along with:
- Base salary plus uncapped commission or a 100% commission structure.
- Comprehensive health, dental, and vision benefits.
- A 401(k) retirement plan.