Business Development Representative - Forty Acres Lending
(Multiple states)
Full Time
Experienced
Join our Business Development Team
We are excitedly expanding our Business Development Team--allowing community-centered individuals to bring in mortgage leads, and our experienced Loan Officers will get the deals closed.
The Business Development Representative is responsible for identifying new borrowers and cultivating a referral network in their local community.
As a Business Development Representative, you'll refer mortgage deals, whether that client is seeking pre-approval or already in contract. Our team of Loan Officers will get your client's mortgage closed. Upon escrow closing, you'll get a referral fee of up to .5% of the loan amount. For example, on a $400,000 loan, you'll get a referral fee of up to $2,000.
The Business Development Representative's Daily Activities include:
The Business Development Representative is responsible for identifying new borrowers and cultivating a referral network in their local community.
As a Business Development Representative, you'll refer mortgage deals, whether that client is seeking pre-approval or already in contract. Our team of Loan Officers will get your client's mortgage closed. Upon escrow closing, you'll get a referral fee of up to .5% of the loan amount. For example, on a $400,000 loan, you'll get a referral fee of up to $2,000.
The Business Development Representative's Daily Activities include:
- Identify, develop, and maintain a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities.
- Develop and deliver community outreach and economic development activities and act as a business development/referral source in target market areas, such as First-time Home Buyer and Personal Finance workshops.
- Establish and maintain relationships with community organizations such as activist groups, community agencies, non-profits, and minority groups while assessing new groups needing assistance purchasing or financing a home.
- Regularly participate in business-related development opportunities and community efforts to promote homeownership.
- Respond to customer inquiries and referrals generated from your contacts and other channels.
- Keep in touch with previously interested borrowers.
The ideal Business Development Specialist has the following experience:
- 2+ years of industry experience, ideally with a focus on business development
- Knowledge of real estate and mortgage banking and products is a plus.
- Familiarity with CRM, applicant tracking systems, Microsoft Office, and social media tools.
- Self-motivated and very organized.
- Excellent communication skills and experience delivering presentations to small-large audiences, in-person and virtually
- Strong strategic thinking and problem-solving skills.
- Ability to work collaboratively as a member of cross-functional teams.
- Ability to build rapport and engagement with stakeholders at all levels of an organization.
Schedule:
- Remote
- Flexible
- Typically, Monday-Friday, 9 am to 6 pm; occasional weekend workshops and presentations
Compensation:
- This position is 100% commission
- Upon escrow closing, you'll receive a referral fee of up to .5% of the loan amount. For example, on a $400,000 loan, you'll receive a referral fee of up to $2,000.
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