What are the responsibilities and job description for the Entry Level Loan Officer position at RCN Capital?
RCN Capital, LLC is a national, direct private lender providing time-sensitive, bridge financing to real estate investors to fund the purchase of non-owner occupied residential and commercial properties, provide bridge loans, and provide real estate-backed lines of credit.
We are seeking Entry Level Account Executives to join our quickly growing team. The position is responsible for identifying new, viable leads for asset-based real estate loans in the Charlotte, NC market. The Account Executive will work directly with RCN Capital's brokers and borrowers to establish their needs, identify a program that fits those needs, and take steps to qualify the loan and shepherd it through the closing process.
If you don't have experience in lending, don't worry! RCN Capital provides comprehensive training on our processes and products to set you up for success. This is a great opportunity to start your career with a national leader in asset-based lending for real estate investment projects. In addition to training and advancement potential, RCN Capital also offers a competitive base salary and commission structure. Ideal candidates will be entrepreneurial-minded self-starters with a desire to grow their business, increase their income, and become part of the RCN Capital team. We look forward to speaking with you!
Primary Responsibilities:
- Identify new customers for real estate, asset-based loans fitting company's criteria
- Follow up on leads generated through RCN Capital's marketing program
- Responsibility for loan origination and oversight of processing and underwriting
- Responsibility for all follow up servicing after closing
- Collection and analysis of financial and credit data to assess customer need and identify the appropriate program
- Thorough knowledge and clear communication of all RCN products and services
- Learn about new RCN products and services and participate in cross-training to develop a global understanding of the loan life cycle
- Expectation to close at least 5 loans for a value of $1,250,000 within the first 4 months of employment
- Additional tasks or projects as assigned
Salary : $1,250,000
