Mortgage Broker / Mortgage Company Manager
Mortgage Broker / Mortgage Company Manager
Build and Lead Our In-House Mortgage Division
Location: Dallas–Fort Worth, Texas
Employment Type: Full-Time
Compensation: $150,000–$300,000+ First-Year Earning Potential
True Start Consulting and Building is expanding its residential homebuilding operation and is seeking an experienced Mortgage Broker / Mortgage Company Manager to build and manage our in-house mortgage financing operation.
This is an opportunity for an experienced mortgage professional who wants to help build a mortgage operation directly connected to a growing residential construction company.
OUR BUSINESS MODEL
We want to create a streamlined, in-house process:
Buyer → Pre-Qualified → House/Lot Selected → Financing Approved → Construction Begins → Closing
Our goal is to make homeownership accessible to qualified buyers while providing a professional financing operation that works closely with our construction business.
MAJOR REQUIREMENT — TEXAS FIRST-TIME HOMEBUYER & DOWN-PAYMENT ASSISTANCE PROGRAMS
The successful candidate must have established relationships with Texas first-time-homebuyer and down-payment-assistance programs.
We are specifically looking for someone who:
- Currently works with Texas down-payment-assistance programs.
- Has established relationships with organizations providing first-time-homebuyer assistance.
- Has successfully originated loans using down-payment-assistance programs.
- Understands the eligibility requirements and application process for these programs.
- Can identify appropriate assistance programs for qualified buyers.
- Can coordinate down-payment assistance with FHA and other mortgage financing.
- Understands programs that can assist qualified buyers with down payments and/or closing costs.
Applicants without existing experience and relationships with Texas first-time-homebuyer/down-payment-assistance programs will not be considered a strong fit.
RESPONSIBILITIES
- Establish, manage and grow the company's in-house mortgage operation.
- Originate residential mortgage loans or manage a team of licensed mortgage loan originators.
- Develop and maintain relationships with wholesale mortgage lenders.
- Provide FHA, conventional, VA, USDA and other appropriate mortgage programs.
- Develop a reliable buyer prequalification and preapproval process.
- Help qualified first-time buyers access available down-payment-assistance programs.
- Coordinate mortgage financing with our homebuilding and construction operations.
- Develop relationships with processors, underwriters, appraisers, title companies and closing agents.
- Develop construction-to-permanent financing relationships where appropriate.
- Monitor loan pricing, wholesale rates, lender fees and available loan products.
- Help management understand the economics of each loan, including wholesale pricing and potential revenue.
- Build a mortgage team capable of handling increasing loan volume as our homebuilding operation expands.
WHAT WE'RE LOOKING FOR
This is NOT an entry-level mortgage position.
The ideal candidate should already have:
- Current Texas mortgage licensing/credentials appropriate to the position.
- Strong NMLS experience.
- Extensive FHA experience.
- Proven Texas first-time-homebuyer and down-payment-assistance experience.
- Existing relationships with multiple wholesale mortgage lenders.
- Construction-to-permanent financing experience.
- Experience working with mortgage loan originators.
- Ability to recruit or bring an experienced mortgage team.
- Knowledge of FHA, conventional, VA and USDA programs.
- Experience with underwriting, processing and closing.
- Strong knowledge of mortgage pricing and loan economics.
- A proven history of successfully closing residential mortgage loans.
- Strong knowledge of federal and Texas mortgage regulations and compliance requirements.
EXISTING BUSINESS RELATIONSHIPS ARE A MAJOR PLUS
We are especially interested in candidates who already have:
- Wholesale lender relationships
- Texas down-payment-assistance program relationships
- First-time-homebuyer program relationships
- Experienced loan originators
- Experienced processors
- Underwriting contacts
- Title and closing relationships
- A pipeline of potential borrowers
The ideal candidate can bring the knowledge, relationships and professional network necessary to establish the mortgage operation quickly.
COMPENSATION
$150,000–$300,000+ First-Year Earning Potential
Compensation will be structured based on experience, responsibilities, production and the success of the mortgage operation.
There is substantial upside for the right person as our homebuilding volume grows.
WHY WORK WITH US?
You won't simply be originating loans for someone else's business.
You'll have the opportunity to build and lead the mortgage operation supporting a growing residential construction company.
You'll work directly with company ownership and have the opportunity to build long-term relationships with homebuyers, wholesale lenders, investors and capital partners.
For the right mortgage professional, this is an opportunity to build something substantial and participate in the growth of both the mortgage and homebuilding operations.
TO APPLY
Please submit your resume and include:
1. Your current mortgage licenses/NMLS credentials.
2. Years of mortgage experience.
3. Approximate annual loan volume.
4. FHA experience.
5. Construction-to-permanent experience.
6. Texas first-time-homebuyer/down-payment-assistance programs you currently work with.
7. Wholesale lenders you currently work with.
8. Whether you currently manage or have access to loan originators and processors.
9. Your experience building or managing a mortgage operation.
10. Examples of successfully funded first-time-homebuyer transactions.
Qualified candidates will be contacted for a confidential discussion with company ownership.
reply to [email protected]
Looking for