Loan Originator

Job Description

Company Overview

Arixa Capital’s mission is to provide investors with attractive returns while remaining focused on capital preservation. Arixa specializes in real estate secured non-bank bridge loans and has built a full-service lending and loan servicing platform to ensure a steady flow of investments for our funds. We strive to provide outstanding customer service to our borrowers who are focused on residential and commercial real estate projects in the western United States.  Arixa Capital has become one of the largest and most respected non-bank lenders over the past 13 years.

Arixa Capital targets loans of $1M - $15M to borrowers who acquire, renovate, and develop single family residential 1-4 and commercial Multi Family, small lot subdivisions, and mixed-use properties.  More information on Arixa can be found online at www.arixacapital.com.

Job Summary

Arixa Capital is seeking a Loan Originator based in Phoenix, AZ to assist in the continued growth and expansion of our lending business.  The Loan Originator will be responsible for generating new loan origination leads to assist in developing Arixa’s presence within the Arizona market.  The Loan Originator will interface with prospective and existing borrowers to source new business and will work with the Managing Director to structure loans.  The Loan Originator will work with the Underwriting team to manage loans to ensure the credit risks are responsibly monitored and identified.  

The successful candidate will be looking to grow with the company as the company continues to expand its platform. This position will provide the candidate with an opportunity to develop a deep understanding of real estate bridge lending loan origination. The candidate must understand and articulate the fundamental concepts, practices, and procedures associated with real estate and lending. The Loan Originator will be involved in meeting borrowers’ needs while delivering best in class service daily.

Primary Duties & Responsibilities

• Build relationships and follow-up with prospects to convert them into borrowers.
• Perform borrower screening meetings and property visits.
• Interact with borrowers to obtain initial documentation sufficient for loan submission.
• Meet loan production goals.
• Provide white glove customer service to prospective and current borrowers.
• Act as a local real estate market expert with the knowledge and ability to perform Comparative Market Analyses and create investment memos on loan opportunities for the Investment Committee’s approval.
• Cultivate and manage a network of referral partners and prospective borrowers and educate them on Arixa’s lending programs.
• Attend industry networking events.
  
  

Qualifications

To perform this job successfully, an individual must be able to perform each essential job function assigned satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required.

• Bachelor’s Degree from a 4-year college or university preferred
• Relevant experience in originating loans or developing investor Single Family, multifamily, or Commercial Real Estate within the Arizona market.
• Exceptional credit knowledge related to Commercial Real Estate lending.
• Strong portfolio management skills allowing for timely identification of concerns to Managing Director.
• Outstanding presentation, verbal, and written communication skills.
• Ability to work well with others in a collaborative team environment.
• Strong skills in Excel, Word, Power Point, as well as CRM platforms.
• Self-starter, entrepreneurial attitude, and an upbeat positive outlook.
  
  

Benefits
This position offers a competitive base salary, commissions on originated loans, and benefits program.