FW: Loan Originator, Private Lender (remote)
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Michael Trust, JD, MPA, SPHR, PHRca, SHRM-SCP
I am a licensed attorney in California. However, no attorney-client relationship exists between us, without a fully executed written agreement for same, and nothing
in this email should be considered legal advice.?
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From: Matt Hoffer <m.hoffer@...>
Sent: Thursday, January 16, 2025 11:13 AM
To: michaeltrustsphr-ca@...
Subject: Loan Originator, Private Lender (remote)
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Hi Michael,
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We have been retained by real estate investment manager and private lender to recruit a
Loan Originator. The firm provides flexible financing options for residential and commercial asset classes through a client-first, hands-on approach to every transaction while providing a
customized loan structure that meets the short- and long-term goals of each borrower. The firm¡¯s leadership team has decades of experience and a successful track record growing investments and private debt strategies totaling over $3B in AUM across diversified
real estate markets, borrowers and asset classes.?
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ROLE
The Loan Originator¡¯s primary objective is to build a book of business and onboard new clients seeking shorter term options
for bridge, ¡°fix/flip¡±, new construction and debt service coverage ratio (DSCR)/Rental loans, primarily in the residential transition lending (RTL) space. The Loan Originator shall be responsible for the full life cycle of the loan origination, from converting
leads to vetting borrower history and capability as part of the application process, to structuring loan terms and term sheet issuance in conjunction with senior partner review, through loan funding and closing.?
While each borrower and loan parameters are examined on a case-by-case-basis, our client¡¯s primary target are borrowers seeking $500,000 to $5M, 6 ¨C 24-month loans for 1-8 unit residential/multifamily properties (non-owner-occupied) with an LTV up to 75%. ?
The ideal candidate has an established network of borrowers and/or debt and equity brokers who can successfully originate a minimum of $3M (2-6 deals) per month with a target of $40mm or more annually. This individual is also willing to expand his/her network
via cold-calling leads and prospects and participation in speaking engagements or in-person networking events. In return, our client can offer ¡°above-market¡± percentage participation on cost of fund spreads for origination fees and higher than average bps
on the overall loan value for closed loan transactions.?
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LOCATION
Western U.S. (remote)?
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QUALIFICATIONS
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Motivated, self-starter that thrives with incentive-based compensation structures.
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Five (5) years of experience in commercial real estate lending, preferably with a focus on loan origination with underwriting experience a plus.
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Strong, demonstrable history of driving sales growth and developing client relationships.
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Experience growing and maintaining a CRM client database to help track business pipeline.
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Excellent communication and interpersonal skills, with the ability to cultivate and maintain relationships with borrowers and brokers and work collaboratively with other members of the originations
team.
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In-depth knowledge of the residential and multifamily real estate market, including trends, all major property types and key players.
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Bachelor's degree in finance, real estate or a related field.?
Might you, or someone you know, fit this background??All replies are held in the strictest of
confidence.
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Thank you,
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Ranked #12 on Forbes 2024 list of?
America's Best Executive Recruiting Firms
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PS: If this role isn't the right fit, you may be interested in our
, a fee-based comprehensive job-finding program designed exclusively for executives. Click
here
to connect with one of our experienced consultants to learn more.
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