Loan Officer (Brick City Capital)

Leverage Companies is a dynamic real estate private equity platform on a mission to create millionaires through real estate. We operate a vertically integrated ecosystem comprised of these divisions .

Founded in 2018 proudly headquartered in Newark, NJ, we are scaling rapidly and building a world-class team committed to operational excellence, bold growth, and long-term impact.

Position overview :

The Loan Officer specializes in residential business purpose loans. This role involves originating, structuring, and managing complex mortgage transactions, demonstrating an in-depth understanding of industry trends, market conditions, and regulatory requirements. The Loan Officer, with a proven track record, will drive successful loan origination and contribute significantly to the growth and profitability of the lending firm.

The anticipated annual base cash compensation for this role is $40,000 per year.

This role also has a variable cash compensation component, making the total on-target cash compensation from $120,000 - $200,000+ per year.

What you will do :

• Advanced Loan Structuring :
• Collaborate closely with underwriting teams to develop sophisticated loan structures that align with the financial goals of both the borrower and the lending firm.
• Manage the advanced structuring of residential business purpose loans, with a focus on optimizing profitability.
• Expertise in Loans :
• Demonstrate a wealth of experience in loans, including evaluating the suitability of financing for diverse real estate scenarios.
• Provide strategic advice to clients on the effective use of loans and coordinate with internal teams to ensure seamless execution.
• DSCR Analysis :
• Conduct comprehensive DSCR analysis for loan applications, evaluating the borrower's ability to service debt based on income generated from the property.
• Offer strategic insights to clients on enhancing DSCR metrics and minimizing risks.
• Account Management :
• Manage a portfolio of return clients, ensuring ongoing customer service.
• Proactively identify and address potential opportunities within the client portfolio, drawing on extensive experience.
• Collaboration and Leadership :
• Collaborate seamlessly with internal teams, including underwriting, legal, and compliance, leveraging leadership skills to ensure efficient execution of loan transactions.
• Provide mentorship and guidance to junior loan officers, sharing a wealth of experience in the lending industry.
• Market Positioning :
• Stay at the forefront of industry trends, regulations, and market conditions related to residential business purpose loans
• Contribute significantly to the development of innovative lending products and strategies, showcasing deep industry knowledge.
• Proactive cold and warm prospect outreach to initiate new business and partnerships.
• Travel with the Company to conferences; create and build new business relationships.

What you will bring to the table :

We encourage you to apply, even if you don't meet all of the listed criteria.

What we look for in all our employees

Additional Information

Leverage Companies is an equal opportunity and an E-verify employer. We are committed to building a diverse, inclusive, and equitable workforce and do not discriminate based on characteristics of any kind. Leverage Companies is committed to providing reasonable accommodations for any candidates with disabilities who may need assistance during the talent acquisition process. To request a reasonable accommodation, please email hr@leveragecompanies.com

Leverage Companies highly values having employees working in-office to foster a collaborative work environment and company culture. Under certain circumstances, a hybrid working arrangement with a minimum of 3 days in office in Newark, NJ may be arranged.

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