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Multifamily Mortgage Loan Originator - Washington, DC

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Job #: 15136
Status: Inactive / Filled
Title: Multifamily Mortgage Loan Originator - Washington, DC
Job Location: VA-Arlington
Mid-Atlantic (DE, DC, MD, NJ, NY, PA, VA & WV)
Job Categories: Commercial Lending - Real Estate
Industries: Banking
Base Compensation:
Low: $100,000       High: $135,000
Total Compensation:
Low: $125,000       High: $250,000
Bonus, Incentives, etc.: based on loan production, fee income and loan quality
Benefits: excellent benefits including 401k with company match; company funded retirement plan; stock purchase plan
Overnight Travel: Limited Travel
Is Employer Willing to Relocate?: No
Employment Type: Full Time / Direct Hire
Why is This a Great Opportunity?
Join a highly profitable division of a $100+ billion bank with an excellent reputation financing multifamily income properties and healthcare facilities. Working for a full service bank you benefit from the internal network and brand recognition of the bank for added business referrals. Recognized by Forbes as one of the best places to work, this rapidly expanding division will accelerate your career and professional growth.
Job Description:
Multifamily Commercial Real Estate Lender: Join a highly profitable division of a $100+ billion bank with an excellent reputation. You will be dealing with sophisticated multi-family real estate projects and assisted living facilities from $2,500,000 to $75,000,000 in size. They specialize in financing multifamily commercial income property and health care facilities of all sizes throughout the country. Offering an assortment of financial options including Fannie Mae DUS, Freddie Mac, FHA/MAP, Life, Conduit, and Mezzanine loan programs. As a national MAP and GNMA seller/servicer the originators keep the pipeline of deals flowing to their fully experienced underwriting department. This position offers professional development, valuable experience and career growth. This is a commercial bank with a solid history of responsible growth and positive earnings. A company committed to the communities it serves, one that rewards performance and provides employees with opportunities to direct their own career paths. Compensation Competitive base salary plus incentive plan and excellent benefits including 401k with company match, company funded retirement plan and a stock purchase plan. Primary Responsibilities • Originate of HUD/FHA projects. • Work with internal network of relationship managers who refer prospects. • Develop third party referral sources and prospect for new clients. • Develop and close new business. • Be self-motivated and represent the bank professionally and with integrity.
Mandatory Minimum Qualifications - Must Have: • Comprehensive knowledge of commercial and multifamily real estate finance products. • Experience successfully originating and closing large apartment and/or assisted living facilities. • Strong interpersonal and selling skills. • Good verbal and written communication skills.
Preferred Qualifications: Experience with health care projects
Education: Bachelor's
Certifications: None
Licenses: None
Total Years of Experience: 5-6+
Years of Experience in Present Position: 3-4+
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