Loan Officer – Construction Lending – Residential (Denver)

NW Recruiting Partners

Loan Officer – Construction Lending – Residential (Denver)

Denver, CO
Full Time
Paid
  • Responsibilities

    Loan Officer – Construction Lending – Residential

    Remote: must reside in the Denver/Boulder, CO area

    Our client, a leading private real estate lender with a strong team and over $350 million in capital, is seeking a Construction Loan Officer to join their growing organization. The company specializes in financing for residential builders and developers, with additional divisions focused on mortgage brokerage and real estate development.

    The company comes from a developer perspective, and the way they treat clients is very different from traditional lenders – the options for borrowers are extensive and flexible!

    With a focus on customer satisfaction and financial expertise, you will generate business with your connections, assess applicants' financial situations, recommend suitable loan products, and ensure seamless transaction experience.

    The successful candidate will have 4+ years of experience in construction lending (Spec, Ground-up and/or Fix & Flips), and a local book of business.

    Loan Officer Responsibilities:

    • Conduct financial analysis to assess applicants' financial situations and determine loan eligibility.
    • Originate loans by processing new applications while adhering to established policies and procedures.
    • Build effective working relationships within and across departments, functional areas, and reporting lines.
    • Utilize knowledge of products to recommend suitable options based on the applicant’s financial status.
    • Collaborate closely with borrowers, processors, underwriters, and third-party partners to ensure efficient, accurate, and timely loan execution from origination through closing.
    • Review options with the senior loan officer/MLO to recommend suitable loan products
    • Educate applicants about various loan options, answering questions and providing additional information to build personal relationships.

    Loan Officer Qualifications:

    • 4+ years of residential construction lending and/or Residential Transition Loan (RTL) experience (including Spec, Ground up and Fix & Flips)
    • Knowledge of LOS software. Land Gorilla preferred.
    • Excellent sales, relationship-building, communication, and MS Office skills are essential.
    • Willing to complete training program to obtain NMLS/MLO/state license.

    Company Benefits & Culture:

    • Medical, Dental Vision
    • 401k with a 3% match
    • Employee home loan program

    Compensation: Commission based role (uncapped) with potential earnings at $250- 600k/year. Uncapped earning potential.