Loan Originator - Mortgage Private Hard Money For Real Estate Investors
Pivotal Capital Group II, LLC
2021-12-03 08:50:35
Los Angeles, California, United States
Job type: fulltime
Job industry: Banking & Financial Services
Job description
Loan Originator - Mortgage Private Hard Money - Business Development - Sales - Real Estate - Finance - Private Lending
Pivotal Capital Group II, LLC
Candidate's Location is Flexible (Los Angeles - Orange County -San Diego Metropolitan Areas - will be working remotely from home)
- IMPORTANT NOTE: Must have experience originating hard / private money loans for real estate investors and be familiar with fix and flips loans. Please do not apply if you do not have this experience.
Our company has been in this business since 2010 and is an entrepreneurial real estate finance company that provides direct business purpose loans to real estate investors and developers who acquire, renovate and resell (" fix and flip "), non-owner occupied residential real estate throughout California. We are well capitalized, entirely self funded, have no 3rd party debt or leverage, and do not sell, securitize, or fractionalize our loans. We are a true, direct, balance sheet lender.
We are searching for a Southern California area located Loan Originator to source loan opportunities directly from investors, builders, realtors, real estate brokers, and mortgage brokers.
To be successful in this position, a candidate will need to be a highly motivated team player with a "will do what it takes" attitude that is also dedicated, entrepreneurial, resourceful, creative, and be willing and able to travel regularly throughout Southern California to generate new business, network with brokers, realtors, mortgage professionals, attend investor clubs and networking events, meet prospective borrowers, and visit properties.
The ideal candidate will have not only experience previously originating these types of loans, but knowledge of the private / hard money lending industry and have a wide range of skills that encompass sales and marketing, relationship building, networking, loan underwriting, structuring, and negotiations..
Responsibilities
- Source, develop and maintain professional lending relationships with residential real estate investors/developers
- Cultivate referral network of real estate agents, mortgage brokers, real estate brokers, and other industry-leading sources
- Attend and participate in real estate networking events
- Present loan opportunities to senior management according to internal guidelines
- Conduct loan and borrower due diligence
- Use and maintain Company CRM platform
Qualifications
- 1+ years of real estate finance and private / hard money lending experience, with specific history in residential " fix and flip " loans
- Demonstrated ability to take initiative, work independently, and creatively source and develop new business
- Excellent communication skills - written, oral, and interpersonal
- Excellent computer skills (Mac skills a plus): MS Office
- Bachelor's degree in Business, Economics, Real Estate or Finance preferred
Compensation
- Base salary plus volume-based bonus
- 401k plan and health insurance benefits
- Paid vacation
Candidate will be working remotely
Please include a cover letter describing your background and interest in the position.