Remote Private Money Lending Loan Officer

Overview

Location: Remote (must be located in a state other than AK, AZ, CA, HI, ND, NV, OR, SD, UT, WA; preference for TX and FL)

Salary: Monthly Fixed Salary plus commission

Position Overview: Our client is seeking an experienced and motivated Private Money Loan Officer to join their growing team. This role offers a competitive fixed salary with commission potential, providing the opportunity for high earnings. The ideal candidate will have experience in construction and fix-and-flip loans, with a strong self-production background. As a Private Money Loan Officer, you will work with clients seeking private financing solutions, building relationships and helping them secure the funding they need.

Responsibilities

• Manage the loan process for construction and fix-and-flip projects, from initial contact to closing.
• Provide financing solutions to real estate investors and developers by underwriting private money loans for fix-and-flip, construction, and rehab projects.
• Develop and maintain relationships with clients to generate leads and business.
• Self-produce and generate your own leads while also working with some company-provided leads.
• Identify and analyze borrower needs, assess project viability, and recommend appropriate loan products.
• Work closely with underwriters, processors, and clients to ensure smooth loan origination and closing.
• Attend and participate in sponsored events and networking opportunities to bring in new business and further expand the client\'s customer base.
• Stay up-to-date with industry trends, market conditions, and the private lending landscape.

Requirements

• Minimum of 2 years of experience as a loan officer, specifically with construction and fix-and-flip loan products.
• Proven ability to self-produce leads and manage a pipeline of clients.
• Strong understanding of private money lending, fix-and-flip financing, and construction loans.
• Excellent communication and relationship-building skills, with the ability to work effectively with real estate investors, developers, and other stakeholders.
• Experience with underwriting, structuring, and closing private money loans.
• Ability to work independently and manage a remote workload efficiently.
• Bilingual (Spanish) is a plus

Additional Information

• The client sponsors events and networking opportunities to help you generate business and build a strong network.