Loan Officer

Job Description

Job Description

Who We Are:

Based in New Jersey and established in 2010, Asset Based Lending, LLC (“ABL”) is one of the nation’s leading Hard Money Lenders. We provide fast bridge financing to real estate investors for the purchase, renovation, or new construction of single family, multi-family and mixed-use properties as well as DSCR rental loans for long term investors. We have closed thousands of loans since we began lending fourteen years ago, producing nearly $3B in originations. ABL was acquired by a private equity firm in 2021, and with a renewed focus on growth, we’ve set our sights on consistent evolution and cementing our place as the premier private lender in the country.

Our Mission is Simple:

• Make Good Loans
• Provide Exceptional Service, Every Time
• Protect The Firm
• Build The Future

Position Summary

As an ABL Loan Officer for our Sales team, you will be specializing in originating fix & flip and new construction loans throughout the nation! You will work alongside our Senior Loan Officers to develop an in-depth knowledge of the industry while partnering with real estate investors to develop creative financing solutions that will help them achieve their goals! You will work hand in hand with our processors and underwriters to ensure each transaction and customer experience is exceptional.

The Ideal Candidate:

The ideal candidate will have at least 2+ years of real estate lending experience with a proven track record of $12m+ in loan originations annually. This candidate must exemplify exceptional customer service and have a knack for building relationships.

Responsibilities:

• Consult with qualified applicants to answer questions and gather information to assist with loan applications and prepare loan files.
• Interface between senior loan officers, loan processors, borrowers, and third-party companies to ensure a successful loan transaction.
• Maintain communication with former, current and potential borrowers via phone, email, etc.
• Monitor sales pipeline, meet sales expectations, and assist with generating new business opportunities.
• Represent ABL at company sponsored and local industry events to expand regional borrower, broker and realtor network.
• Interview borrowers via telephone gathering relevant materials regarding their borrowing needs and setting up qualified appointments for senior loan officers.
• Update borrower data in CRM to ensure leads and active applications are followed up with in a timely manner and senior loan officers have the most appropriate information.
• No licensing required

Qualifications:

• At least 2+ years of real estate lending experience with a proven track record of $12m+ in loan originations annually.
• Ability to work as part of a team, supporting and assisting effective group sales strategy.
• Experience in the real estate industry
• Strong verbal and written communication skills.
• PC Proficiency (Microsoft Office), familiarity of MS Dynamics CRM preferred.
• Spanish language skills are a plus.