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Loan Officer, Real Estate Private Lending

Faes & Co.
Posted 25 days ago, valid for 15 days
Location

Santa Monica, Los Angeles 90407, CA

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • F2 Finance is seeking an experienced loan officer to join their team, focusing on the short-term residential 'fix & flip' and bridging finance market.
  • The ideal candidate should have at least 1 year of experience in residential private lending, fix & flip, bridging finance, or mortgage broking.
  • The role involves driving loans through the full life-cycle, from initial inquiry to successful loan completion, while originating a minimum of $1 million in deal flow per month.
  • This salaried position offers a competitive salary commensurate with experience, along with full benefits including medical insurance and a 401(k) plan.
  • Candidates should possess strong sales skills, a customer service focus, and the ability to work autonomously while building relationships with borrowers and brokers.

We are a private hard money lender (F2 Finance), focused on the short-term residential ‘fix & flip’ and bridging finance market. We have substantial capital available for growth and want to build our team with great people!

We are looking for an experienced loan officer to join our team. You ideally will have 1+ year(s) of experience, specifically in residential private lending, fix & flip, bridging finance or mortgage broking.

As a loan officer you will be involved in driving loans through the full life-cycle, from assisting with the initial inquiry and information gathering, through to successful loan completion. You will be results orientated, and a team player.

The role will involve:

  • Identifying new customers (brokers and borrowers) for our real estate lending, that fits without our current portfolio appetite
  • Dealing with leads that are generated through the multiple lead generation channels that we have developed
  • Assisting with the marketing of the F2 Finance brand and product
  • Responsibility for loan origination and oversight of processing and underwriting
  • Gaining a thorough knowledge and understanding of our credit appetite, to try and make a deal work.

You will have:

  • "hustle"
  • sales experience in mortgages or real estate, and ideally in private lending or hard money
  • the ability to build and manage a large pipeline of prospective loans
  • the ability to work a phone and build working relationships with borrowers and brokers
  • significant knowledge of private lending and hard money
  • a ‘customer service’ focus
  • the ability to explain things clearly and succinctly, using ‘plain English’
  • This is a salaried position with full benefits, however, you will be expected to originate a minimum of $1m/mth in dealflow to keep your seat.

Generally, our company’s culture will see you have:

  • a willingness to work hard and a ‘can do’ attitude
  • the ability to build relationships and have strong verbal, written and interpersonal communication skills
  • the ability to work autonomously, and to prioritize tasks accordingly
  • a willingness to ‘get involved’ with the business and provide help and assistance as required
  • experience using the latest cloud-based business efficiency platforms such as Google Business Apps, Notion, and Slack etc
  • experience with Hubspot as a CRM, would be a big advantage

The ideal candidate will have:

  • at least 1+ years working in the residential bridging finance/hard money market.
  • 10 days paid holiday
  • competitive salary commensurate with experience, plus commission
  • medical insurance
  • 401(k) with employer contribution
  • parking in our building
  • snacks, good coffee and office lunch twice a week from local restaurants
  • great work environment.



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