Business Development Associate

🕒 January 26

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Logo of Anchor Loans

Anchor Loans

51 - 200 employees

Founded 1998

🏠 Real Estate

💸 Finance

🤝 B2B

Real Estate • Finance • B2B

Anchor Loans is the nation’s leading private, direct lender that provides business-purpose loans to experienced residential real estate investors, builders, brokers, and land developers. The company offers flexible, scalable financing solutions for fix-and-flip projects, new construction, lot development, and rental portfolio expansion across the U. S. , supported by self-serve tools, underwriting expertise, and industry-focused loan programs.

📋 Description

• Daily call activity (preferred in person interaction, site visits, association participation, as well as Omni Channel outreach – responsible for managing inbound calls, and screen for quality and alignment of company loan product guidelines. • Client Acquisition: Identifying and prospecting potential borrowers, real estate investors, and BPL loan brokers/lenders (geo specific) in need of short-term, high interest loans • Relationship Building: Cultivating strong relationships with clients, real estate agents, and other industry professionals (mortgage brokers, lenders, real estate agents, etc.) to generate business opportunities • Loan Origination: Assessing loan applications, evaluating collateral, and underwriting hard money loans • Market Research: Staying informed about local real estate market trends and identifying opportunities for lending • Compliance: Ensuring adherence to legal and regulatory requirements in the lending process • Sales and Negotiation: Effectively presenting terms and conditions of hard money loans and closing deals • Reporting: Maintaining records and providing regular reports on business development activities and outcomes in company CRM • Customer Service: Providing excellent customer service to clients, addressing their needs, and addressing any concerns • Team Collaboration: Working closely with loan officer you support, underwriters, loan processors, and other team members to facilitate the loan process • Target Achievement: Meeting or exceeding sales targets and revenue goals set by the company • Continual Learning: Staying updated on changes in lending practices and regulations

🎯 Requirements

• Bachelor’s Degree in finance, business or economics preferred • Knowledge of hard money lending and practices, regulations and industry trends a plus • Strong sales closing and negotiation skills are essential for building and maintaining client relationships • A solid understanding of financial analysis, credit evaluation, and risk assessment is important • Effective networking and relationship-building skills to connect with potential borrowers, brokers, and real estate professionals • Excellent verbal and written communication skills to convey complex financial information to clients and colleagues • The ability to analyze potential lending opportunities and assess risk is vital • Stay updated on market conditions, real estate trends, and the competition • Knowledge of relevant lending regulations and the ability to ensure all transactions are compliant • Strong problem solving skills to navigate complex lending scenarios • Collaborative skills to work with underwriters, legal teams and other stakeholders in the lending process • Effective time management and organizational skills to manage client relationships and lending opportunities simultaneously • Proficiency in using CRM platforms such as Salesforce • High ethical standards and integrity when dealing with clients and financial transactions.

🏖️ Benefits

• Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insurance • Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits • Highly competitive performance bonus • 401(k) retirement program with employer match • Tuition reimbursement toward professional development • Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons • Onsite gym (Thousand Oaks only) • 12 Paid Holidays

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