Mortgage Loan Officer -Private Money Lender/broker

East Towne Capital LLC is actively seeking a qualified and professional Mortgage Loan Officer to serve as a Private Money Lender/Broker. This esteemed position demands a highly skilled individual capable of navigating the complexities of private money lending to deliver customized financial solutions to our diverse clientele. The successful candidate will play a vital role in evaluating loan applications, conducting thorough due diligence, and guiding clients through each step of the mortgage process. Your expertise will enhance our team's ability to provide valuable insights and recommendations on financing alternatives.

Key responsibilities include establishing and maintaining relationships with clients, real estate professionals, and investors, as well as performing comprehensive market analyses to inform strategic decision-making. The Mortgage Loan Officer will ensure strict adherence to all regulatory requirements associated with private money lending and actively seek new business opportunities through networking and promotional activities.

This role at East Towne Capital LLC offers an exceptional opportunity to align your professional acumen with a progressive firm recognized for its commitment to client service and innovative financial solutions.

Responsibilities

• Guide clients in understanding and navigating the private money loan process.
• Thoroughly evaluate loan applications and supporting financial documentation.
• Conduct market research to stay informed regarding industry trends and competition.
• Foster and maintain robust relationships with industry stakeholders such as clients, real estate agents, and investors.
• Develop, prepare, and present detailed loan proposals, terms, and conditions.
• Maintain compliance with all regulatory frameworks related to private money lending.
• Engage in marketing initiatives and network within the industry to drive growth.

Qualifications:

• Experience: Minimum of 1 year of relevant experience in mortgage lending, private money lending, or commercial loan origination.
• License: NMLS license is not required for this private lending role.
• Sales-Oriented: Demonstrated ability to identify leads, successfully close transactions, and cultivate long-term client relationships.
• Self-Motivated: Proven capability to work independently within a remote work environment while maintaining excellent organizational skills.
• Industry Knowledge: Strong understanding of real estate financing, private lending practices, bridge loans, and investment property funding.

Compensation & Benefits:

This position operates on a 100% commission-based structure, offering substantial earning potential. Loan Officers receive:

• 50% commission split on company origination earnings for each transaction.
• Quarterly Bonus: Between $5,500 and $15,500 for exceeding loan volume benchmarks ($8M to $15M quarterly).
• Estimated Annual Earnings:
• If $8M is funded per quarter (~$32M/year): $180,000 – $220,000+.
• If $15M is funded per quarter (~$60M/year): $300,000 – $400,000+.
• Remote Work Flexibility: Enjoy the option to work from any location and manage your schedule efficiently.
• Access to Premier Lending Products: Collaborate with leading private money lenders and a range of financial offerings.

Why Join East Towne Capital LLC?

✅ Unmatched Commission Potential: Your income is directly proportional to your efforts and success.
✅ Direct Access to Private Capital: Quick and efficient funding solutions available.
✅ Remote & Flexible Environment: Enjoy the benefits of working from home across the U.S.
✅ Robust Market Demand: Superior opportunities exist for financing among investors, house flippers, and commercial developers.

Benefits

• Work From Home

• Proven experience as a Mortgage Loan Originator or similar role in private lending.

• In-depth knowledge of mortgage regulations and lending practices.
• Strong negotiation skills and the ability to close deals effectively.
• Excellent communication and interpersonal skills for client interaction.
• Ability to analyze financial documents and assess risk accurately.
• Proficient in using loan origination software and other financial tools.
• Self-motivated with a strong desire to achieve results and exceed sales targets.