What are the responsibilities and job description for the Business Development Officer position at Acra Lending?
At Acra Lending our employees enjoy an opportunity to work with great people. We celebrate several events throughout the year accompanied by raffles and giveaways for employees nationwide. We are especially proud to give back to our community and truly enjoy one another's company.
We are looking for candidates to join our team who are passionate about their vocation. Who are committed to making a contribution and are looking to gain experience in order to grow in their career.
Summary
This position is responsible for developing a plan for bringing in new Business Purpose investors/developers, rental loans, etc., while maintaining an active sales pipeline, and obtaining complete documentation for loan approvals.
Essential Duties And Responsibilities
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
Mathematical Skills
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Reasoning Ability
Ability to apply common sense understanding to carry out detailed instructions. Ability to deal with problems involving a few concrete variables in standardized situations.
Computer Skills
Advanced knowledge of Microsoft Office applications (Word, Excel, Outlook, etc).
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Always practice good judgment and refer to the safety guidelines.
Benefits
Our benefit offerings include: Medical, dental, vision, wellness programs, EAP counseling services, FSA & HSA, company sponsored life insurance for employee, voluntary life insurance for employee, spouse and child, AD&D Insurance, voluntary short-term and long-term disability, critical illness insurance, accident insurance, legal assistance, pet insurance, living will and trust preparation discounts, commuter program, annual walking challenge, employee appreciation events and monthly sales awards.
At Acra Lending, we were founded with a clear purpose: to specialize in alternative income loan products that help borrowers qualify for our flexible loan programs. We operate in 39 States, out of nine offices in Arizona, California, Florida, Georgia, Hawaii, Missouri, Nevada, Texas, and Utah along with a growing team of remote professionals across the country. Throughout the mortgage industry, Acra Lending is widely known for responsible lending practices, product innovation and operational efficiency. The foundation of our Company is built on helping our customers by providing Non-QM mortgage solutions for today’s borrower in residential and commercial properties across America.
Our Leadership team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life. We reward our employees with a competitive salary and a variety of benefits to help our team members reach their health, retirement, and professional goals along with an exceptional 401k match program. We look forward to meeting you!
We are looking for candidates to join our team who are passionate about their vocation. Who are committed to making a contribution and are looking to gain experience in order to grow in their career.
Summary
This position is responsible for developing a plan for bringing in new Business Purpose investors/developers, rental loans, etc., while maintaining an active sales pipeline, and obtaining complete documentation for loan approvals.
Essential Duties And Responsibilities
- Develop/Demonstrate an in-depth knowledgeability of all Real Estate Investment products and programs, basic eligibility parameters, pricing, and loan process (SME)
- Develop and execute an effective prospecting plan for bringing new business onboard
- Prepare customer contact lists (call, email, social media) and take appropriate actions to draw in and sustain business
- Win business through deepening contact networks within new and existing accounts
- Submit complete and accurate documentation for all loan approvals
- Maintain an up-to-date sales pipeline
- Other duties as assigned
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Minimum 1 years of experience in real estate investment lending (Bridge, Fix & Flip, Ground Up Construction, Long-Term Rental, and/or Multifamily) preferred but not required
- Possess an existing or demonstrate the ability to develop a book of business or an extensive network of contacts that are real estate investors, mortgage brokers, or referral partners in your local market or nationwide
- Proven knowledgeable resource regarding real estate investment lending that thrives, being a top producer and loan originator
- Proven ability to creatively source and develop new business
- Ability to continuously improve skills and produce at a high level
- Ability to bring in new business, while always maintaining and closing a large multimillion-dollar pipeline
- Proven solutions provider; comfortable working closely with both Mortgage Brokers and Borrowers to provide the best lending solutions for them
- Trusted advisor, committed to educating business partners, referral sources, brokers, and investors
- Personally, source and fund $3 million in closed loans per month (after initial training period)
- Experience speaking at industry events, ability to host meetings, seminars, and industry networking functions to build your book of business
- Exceptional customer service skills
- High school diploma
- NMLS licensure a plus
- Knowledge and understanding of Microsoft office products, word, excel, outlook, PowerPoint,etc.
- Knowledge and understanding of web search via popular search engines
- Aggressive, go-getter attitude and epic closing skills
- Current, non-restricted driver’s license and adequate car insurance
- Ability to communicate effectively both in written and verbal form
- Self-motivated with good interpersonal skills
- Must be Proficient in English (verbal, written, and reading comprehension)
Ability to read and comprehend simple instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one and small group situations to customers, clients, and other employees of the organization.
Mathematical Skills
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Reasoning Ability
Ability to apply common sense understanding to carry out detailed instructions. Ability to deal with problems involving a few concrete variables in standardized situations.
Computer Skills
Advanced knowledge of Microsoft Office applications (Word, Excel, Outlook, etc).
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Always practice good judgment and refer to the safety guidelines.
Benefits
Our benefit offerings include: Medical, dental, vision, wellness programs, EAP counseling services, FSA & HSA, company sponsored life insurance for employee, voluntary life insurance for employee, spouse and child, AD&D Insurance, voluntary short-term and long-term disability, critical illness insurance, accident insurance, legal assistance, pet insurance, living will and trust preparation discounts, commuter program, annual walking challenge, employee appreciation events and monthly sales awards.
At Acra Lending, we were founded with a clear purpose: to specialize in alternative income loan products that help borrowers qualify for our flexible loan programs. We operate in 39 States, out of nine offices in Arizona, California, Florida, Georgia, Hawaii, Missouri, Nevada, Texas, and Utah along with a growing team of remote professionals across the country. Throughout the mortgage industry, Acra Lending is widely known for responsible lending practices, product innovation and operational efficiency. The foundation of our Company is built on helping our customers by providing Non-QM mortgage solutions for today’s borrower in residential and commercial properties across America.
Our Leadership team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life. We reward our employees with a competitive salary and a variety of benefits to help our team members reach their health, retirement, and professional goals along with an exceptional 401k match program. We look forward to meeting you!
