Account Executive
We're looking for awesome loan officers and mortgage brokers who want to join a growing lending company with competitive loan products, great processing and family-style management team. If you have a passion for sales and helping clients achieve their dreams, we want you to come join the LendingDeck sales team.
What separates a career at LendingDeck from other employers is our focus on creating a path for success for you by providing:
Highest Commissions
in the industry.
In-House Processing
so you can focus on sales.
Enterprise Quality Tools
to manage deals and clients.
As a member of the team, your goal is to locate and assist real estate investors with financing. However more than just structuring loans, our core philosophy is to be a partner and champion for our clients. When they succeed, we succeed. Account Executive duties and responsibilities include identifying and contacting residential real estate investors, providing pre-approval letters, issuing quotes and most importantly building relationships
A well-qualified candidate will want to actively engage all stakeholders in the loan application process as well as rely on their experience to assist management in refining and driving a more efficient, client focused, loan process.
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Compensation
Account Executives keep 100% of the origination fee and yield spread premium (YSP) earned and collected at closing less the following:
In-House Processed Core Loan Programs
• $1295 lender fee to LendingDeck
• $995 processing fee to LendingDeck
• Any funding related fees charged by Company’s capital partner and/or any third-party providers.
Deals Brokered to Other Lenders
• $995 lender fee to LendingDeck
• Account executive / other lender processes the deal
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Loan Processing Provided
Loans are 100% processed by our in-house team so that you can focus on sales!
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• Clients are assigned to a senior processor and assistant processor who are trained to manage every task from ordering title and appraisals, to entity docs review and more all the way through funding. A completely hands-off process for account executives.
• Loans are managed on our LendingWise platform for easy, transparent processing. The platform's numerous features including automated loan status updates and oustanding doc requests keep your files moving smoothly.
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Goals/Responsibilities
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• Locating, contacting and qualifying residential real esate investors for financing
• Calculating loan scenarios and issuing pre-approval letters
• Generating quotes and term sheets for clients
• Working with our in-house loan processing team
• Maintaining client relations
• Closing 3+ loans per month
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Tools & Software Provided
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• Dedicated digital loan application link for clients
• Hubspot/Other CMR seat for generating leads and managing quote requests
• LendingWise seat for taking digital loan applications, processing loans and registering brokers
• Propstream nationwide MLS access for researching properties
• Microsoft Office suite and email account
• Dedicated Ring phone number
• Customizable marketing fliers and email templates
• Promotional rights on company's BRRRR Facebook group (50k+ members)
• And more...
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What You Will Need
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• 1-3 years’ sales experience w/ fix & flip loans, DSCR rental loans
• Computer / laptop and phone
• Strong work ethic and organizational skills
• Excellent communication skills
• Ability to quickly grasp and understand numbers
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Work Location
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• Remote from home or office based (Richmond, VA)
• Flexibility to set your own work schedule (part-time or full-time)