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Residential Bridge Loan Originator job in Tampa at Altisource Asset Management Corporation

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Residential Bridge Loan Originator at Altisource Asset Management Corporation

Residential Bridge Loan Originator

Altisource Asset Management Corporation Tampa, FL Full-Time

Altisource Asset Management Corporation (“AAMC”) - Alternative Lending Group (“ALG”) is a financial services company that purchases and originate business-purpose mortgages. AAMC is publicly traded on the NYSE American Exchange under the ticker AAMC. AAMC’s principal offices are located in the United States Virgin Islands, and it also has operations in the United States and India, through its subsidiaries, AAMC US, Inc., and Finsight Business Solutions Private Limited, respectively.


TITLE: RESIDENTIAL BRIDGE LOAN ORIGINATOR

JOB OVERVIEW:

We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix/flip bridge loans and long-term rental financing. A fully funded lending partner that can close consistently. The role of the Residential Bridge Loan Originator will learn all aspects of our business and culture and use that knowledge to provide our customers the best loan products and financial services to meet their individual needs. We are seeking sales driven individuals capable of handling multiple accounts while treating each customer as if they are our only customer. Live leads will be provided every day that will require great follow-up skills. The right candidate will promote and provide business development, origination of loans, relationship management with customers and clients.


ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

  • Identify and maintain relationships with loan investors and senior lenders for multifamily bridge/mezzanine loans.
  • Market the company’s products and services accurately and effectively to potential business sources.
  • Collaborate with loan originators, underwriters, legal, and accounting departments to structure marketable loan products.
  • Assess and offer input into the marketability of loan positions throughout the loan origination and credit process.
  • Prepare presentation and sales materials.
  • Keep abreast of industry trends and opportunities and inform colleagues and senior management.
  • Source business via in-person meetings with realtors, financial planners, and other partners.
  • Develop clientele base via seminars, presentations, and open houses.
  • Give group presentations to introduce new products and services.
  • Develop sales leads for mortgages in builder communities.
  • Review new leads daily and contact them to earn their business.
  • Daily pipeline management (loan application to funding process) to ensure that the loan process goes smoothly for all parties involved.
  • Able to work overtime.


QUALIFICATIONS:

  • Minimum 2+ years of successful of client origination with real estate investors and developers.
  • MLO not required.
  • Experience in Bridge, Fix & Flip, and Ground Up Construction.
  • High character.
  • Great communication and written skills.
  • Highly detail oriented with an ability to review data, catch, and remedy data integrity issues.
  • Great listening, follow-up and follow through skills.
  • High achievers that are motivated by goals.
  • Self-starter able to generate consistent originations from volume of client conversations and providing innovative solutions that traditional banks don’t offer.
  • Bachelor’s degree preferred. Strong analytical skills and thrives in a data rich environment, skilled in Excel.
  • Proficient in Microsoft Office Suite.

 BENEFITS:

 

  • Competitive salary to start from $60K - $200k w/ commission. Compensation plan that allows top performers to get mid to high 6 figures.
  • Comprehensive health, vision, and dental insurance plans.
  • 401(K) Plan with Company Match
  • Life Insurance
  • Remote and/or Hybrid work location
  • Personal and Professional growth opportunities
  • Paid time off plus holidays


AAMC IS AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER

Recommended Skills

  • Analytical
  • Attention To Detail
  • Business Development
  • Business Relationship Management
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  • Finance
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Job ID: LI01-10440_3080662187

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