Foundation Specialty Finance · 3 days ago
Senior Loan Originator
Foundation Specialty Finance is a tech-enabled specialty finance company transforming how real estate capital is deployed, managed, and resolved. The Senior Loan Originator builds and maintains lasting business relationships directly with Real Estate investors and through intermediary channels while driving new loan sales and maintaining a strong loan pipeline.
Responsibilities
Drive new loan sales by building and strengthening relationships with investors, brokers, and other real estate contacts
Maintain a strong pipeline to meet loan production targets
Work with senior management to identify potential business sources
Develop and maintain a client database for effective use of contact management tools and our CRM
Evaluate clients’ borrowing needs and related credit worthiness during the initial screening process
Negotiate and structure loan terms including pricing, fees, duration, and timing
Work with investors/borrowers to obtain initial documentation for submission to underwriting/processing
Communicate with clients to ensure completeness and accuracy of required information
Collaborate with our Operations team to keep customers informed on the status of submitted loans and to ensure smooth and timely closings
Monitor pipeline reports to determine status of all loans
Additional related duties, as required
Qualification
Required
Minimum of 2 years in residential or commercial lending with at least 1 year in private money loan origination in Fix and Flip or Fix to Rent
Excellent phone and people skills
Ability to analyze real estate investments and communicate loan structures
Proficiency in MS Excel and willingness to learn new software (CRM, Loan Origination, etc.)
Strong written and verbal communication
Organized with attention to detail and time management
Preferred
Bachelor's Degree
Candidates should have a demonstrable track record in monthly origination volume of Fix-and-Flip and Fix-to-Rent bridge loans or Long-Term DSCR Rental Loans
Existing investor relationships and/or a current book of business
Experience with long-term single-family DSCR rental loans a plus
Benefits
Health, Dental, and Vision Insurance
401(K)
Paid Time Off / Vacation
Company
Foundation Specialty Finance
Foundation Specialty Finance, LLC (“Foundation”) is a tech-enabled specialty finance company that has developed the commercial real estate industry's first fully integrated Special Servicing, Loan Origination, and Digital Marketplace.