Senior Vice President and Loan Officer
Banking:
Commercial Mortgage Banking Firm has two openings, Loan Officer/Senior Vice President and Internet Loan Officer/Vice President. Caffrey & Company LLC represents over 35-lenders that can originate in any State. Lenders are CMBS originators, life insurance companies, pension funds, hard money lenders, regional and area banks with special loan programs. Our specialty niche is for the long term fixed rate commercial mortgage loan, most are on a non-recourse basis.
Senior Vice President Position: Commercial Mortgage Banking firm is seeking a candidate with a minimum of 3-years prior experience as a commercial loan officer or commercial loan broker. Experienced in analyzing business financial statements and tax returns a must. Responsibilities include sourcing new loan requests, negotiating loan terms, completing loan underwriting and loan presentations. Helpful qualities: a successful track record in sales, deal making, ability to multi-task and have an entrepreneur spirit. This is a commission based position. Contact our offices to discuss options to help you make the transition from a salaried position to this commissioned based position.
Here are a few examples of loan products offered through Caffrey & Company LLC and your commission possibilities. Keep in mind as of this writing Prime Rate is 8.25%.
1) $5,000,000 apartment loan, loan to value 80%, 10-year fixed rate, 30-year amortization the interest rate as of August 21, 2006 is 5.87% fixed for the 10-years. This is a non-recourse loan. Your earned fee for this loan would be $30,000.
2) $9,000,000 multi-tenanted office building, 80% loan to value, 10-year term, 30-year amortization the interest rate as of August 21, 2006 would have been 5.92% fixed for the 10-years.This is a non-recourse loan. Your earned fee for this one loan would be $54,000.
3) $3,000,000 midtown apartment complex, “C” quality, 80% loan to value, 10-year loan, 25-year amortization schedule and your fee would be $27,000.
4) $2,500,000 mini storage facility, 80% loan to value, 10-year term, 30-year amortization your fee would be $18,750.
5) $3,000,000 owner occupied medical office building, the interest as of August 21, 2006 would be 6.42% fixed for 20-years fully amortizing, your earned fee would be $18,000.
How many loans would you have to close to surpass your present annual income? You have no ceiling to the amount your can earn with Caffrey & Company LLC. Check out our web site to see other sample loan closings and targeted property types: CaffreyLoans.com.
What support will Caffrey & Company LLC provide to you? Office in Class “A” Office building in Southern Johnson County, computers, fax, high speed internet, access to the our Administrative Assistant that helps with loan closings, marketing mailings, phone answering, package preparation and more. You will have one on one assistance in loan underwriting and lender selection with the company President. Experience in Microsoft Word, Excel and Outlook helpful.
Internet Loan Officer/Vice President. Commercial Mortgage Banking firm is seeking a candidate with a minimum of 1-year prior experience as a commercial loan officer and/or commercial loan broker. Prior experience in analyzing business financial statements and tax returns a must. Strong computer skills a must with experience in Microsoft products, Excel, Word, Outlook and Front Page (optional). Responsibilities include responding to new loan requests that come in from the internet, negotiating loan terms, completing loan underwriting, completing loan presentations and assisting marketing efforts through the internet for loan leads. Helpful qualities, successful track record is sales, deal making, ability to multi-task as well as having an entrepreneur spirit. This is a commission based position with strong six figure income anticipated. Contact our offices to discuss options to help make the transition from a salaried position to this commission based position.
You will be provided a monthly budget to use to source leads through public advertising through the internet. The computers, office, support staff, software, high speed internet and other tools to help you become successful will be provided. Contact these offices to discuss commission structure and how leads are obtained. REQUIREMENTS
Our new senior vice president and loan officer must be proficient in Microsoft Excel, Word, and Internet.
|