Merchants Mortgage & Trust Corporation · 5 hours ago
Vice President Broker & Wholesale Channel Manager
Greenwood Village, CO
Full-time
Onsite
Mid, Senior Level
5+ years expMerchants Mortgage & Trust Corporation is a private real estate lender specializing in business purpose residential transitionary loans. The Vice President Broker & Wholesale Channel Manager will lead the management of the broker and wholesale channel, overseeing the qualification and onboarding of broker partners and ensuring compliance with underwriting guidelines.
Commercial Real EstateFinancial ServicesLendingReal EstateRental
Hiring Manager
Alexis Harris
Responsibilities
Manage initial screening/ qualification/ distribution of B/W Channel leads to identify quality White Label/ Broker partner candidates
Interview and assess initial qualification standards for White Label/ Table Funding Candidates
Licensing
Loan Quality
Volume
Product Mix
White Label Experience
Company Infrastructure (FTE)
Geography
Default Performance
Financials
Execute / audit Onboarding requirements for White Label/ Table Funding Candidates
NDA Disclosures
Program Guideline Review
Pricing Standards Review
Sizer Education
Application / Disclosure requirements
Document Requirements
Oversee hand-off of Broker partner candidates as Top-Down Referrals to front line Sales Team for Concierge intro. Referrals to internal Sales Team based on: Geography, Loan Program (i.e. Multi Fam, DSCR , SFR 1-4), Experience, Tenure / Product Expertise
Acting liaison to Review submitted Scenarios, document validation, enforcement of Underwriting guidelines and submission standards between B/W Channel partners and operational support
Work together with B/W Channel lending partners to assist in communication, processes, and condition management
Work hand in hand with operational support on the B/W pipeline inclusive of underwriting, processors, closers, and post closers on loan requirements
Maintain consistency with pipeline in both Toorak Connect and the MMTC LOS for B/W Channel loans
Steer loan paths internally with internal operational support for closing requirements based off of state and compliance requirements that need to be met for White Label/ Table Funding and Brokered Loan execution
Ad hoc responsibilities as it pertains to the Origination, Underwriting and Closing of loans originated via the B/W Channel
Qualification
Required
Bachelor's degree or higher required
Minimum 5 years of mortgage experience. Strong preference for experience with screening or underwriting multifamily/mixed-use loans
Experience with institutional lending required and secondary market loan trading preferred
Effective pipeline management skills
Proven track record of taking ownership and successfully delivering results in a fast-paced, dynamic environment
Preferred
Experience with institutional lending required and secondary market loan trading preferred
Company
Merchants Mortgage & Trust Corporation
MMTC is a real estate lender that offers commercial property loans, construction loans, and rental loans.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2022-01-20Acquired
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