Don’t just think outside the box – build a new one with a career at ALG at AAMC
Why join alg at aamc?
At Alternative Lending Group at AAMC, we offer institutional-level sophistication to an underserved lending market: purchasing and originating business-purpose mortgages. Altisource Asset Management Corporation (AAMC) is publicly traded on the NYSE. Our principal office is in the U.S. Virgin Islands, with operations in the United States and India through our subsidiaries, AAMC US, Inc., and Finsight Business Solutions Private Limited.
We leverage our extensive experience in the real estate, mortgage, and credit industries to bring greater efficiency to business purpose mortgage clients. We structure financing terms and offer access to the capital markets to help businesses and smaller borrowers obtain institutional-quality financing that helps them grow their real estate portfolio.
If you’re ready to solve challenges,
create opportunities and put people first,
If you’re ready to solve challenges,
create opportunities and put people first
What exactly do we provide for our clients?
Custom lending terms including:
Bridge/Transitional/Fix & Flip – Single family residence (“SFR”), purchase, renovate, rent/sell non-owner occupied homes, 12-24 months.
Ground Up – Construction loans for new build 1-4 unit homes, with terms from 12-24 months.
Single Property Rentals – Purchase and refinance non-owner occupied rental properties Term Financing (“DSCR” and “Non-DSCR” mortgages); 1-4 units, 30 year term.
If you’re ready to solve challenges, create opportunities and put people and their businesses first, apply now.
Job Descriptions
Select position to view descriptions and to apply.
We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix/flip bridge loans and long-term rental financing. A fully funded lending partner that can close consistently. The role of the Residential Bridge Loan Originator will learn all aspects of our business and culture and use that knowledge to provide our customers the best loan products and financial services to meet their individual needs. We are seeking sales driven individuals capable of handling multiple accounts while treating each customer as if they are our only customer. Live leads will be provided every day that will require great follow-up skills. The right candidate will promote and provide business development, origination of loans, relationship management with customers and clients.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
- Identify and maintain relationships with loan investors and senior lenders for multifamily bridge/mezzanine loans.
- Market the company’s products and services accurately and effectively to potential business sources.
- Collaborate with loan originators, underwriters, legal, and accounting departments to structure marketable loan products.
- Assess and offer input into the marketability of loan positions throughout the loan origination and credit process.
- Prepare presentation and sales materials.
- Keep abreast of industry trends and opportunities and inform colleagues and senior management.
- Source business via in-person meetings with realtors, financial planners, and other partners.
- Develop clientele base via seminars, presentations, and open houses.
- Give group presentations to introduce new products and services.
- Develop sales leads for mortgages in builder communities.
- Review new leads daily and contact them to earn their business.
- Daily pipeline management (loan application to funding process) to ensure that the loan process goes smoothly for all parties involved.
- Ability to work long hours when necessary.
QUALIFICATIONS:
- Minimum 2+ years of successful of client origination with real estate investors and developers.
- MLO not required.
- Experience in bridge, fix and flip, and ground up construction.
- High character.
- Great communication and written skills.
- Highly detail oriented with an ability to review data, catch, and remedy data integrity issues.
- Great listening, follow-up and follow through skills.
- High achievers that are motivated by goals.
- Self-starter able to generate consistent originations from volume of client conversations and providing innovative solutions that traditional banks don’t offer.
- Bachelor’s degree preferred. Strong analytical skills and thrives in a data rich environment, skilled in Excel.
- Proficient in Microsoft Office Suite.
BENEFITS:
- Competitive salary to start from $60k – $200k with commission. Compensation plan that allows top performers to get mid to high 6 figures.
- Comprehensive health, vision, and dental insurance plans.
- 401(K) plan with company match.
- Life insurance.
- Remote and/or hybrid work location.
- Personal and professional growth opportunities.
- Paid time off plus holidays.
APPLY NOW | AAMC IS AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER
As a Direct to Real Estate Investor / Developer, you’ll help drive innovative solutions and optimize sales effectiveness to the origination and acquisition teams. You will work closely with the Head of Sales, as well as the borrowers (e.g., real estate developers and investors). Cross-functionally, to enhance sales productivity, business intelligence, forecasting, and target attainment. This is a great opportunity for someone looking to advance their career, be part of an exciting and growing team and to work with a strong group of mentors and teammates. Live leads will be provided every day that will require great follow-up skills. This is an attractive opportunity for those persons looking to be a high-income earner.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
- Providing real estate investors with a very market competitive suite of products (including when applicable, equity and mezzanine financing) while establishing long term relationships and doing so, helping them grow their business. You will be responsible for understanding your client’s needs (real estate developers and investors and accurately educating them on our Company and products, both debt and equity).
- Regarding the sourcing of business, in some instances you will be provided with high quality leads.
- You will also develop clients through both inbound and outbound prospecting, taking loan applications, negotiating terms, and stewarding clients through the financing process.
- You will quickly become part of the client/investor’s team, helping them flip houses, buy rental properties, and build new construction as well as cross collateralized term and LOC’s.
- Your efforts will be supplemented by ample training, resources, and mentoring to keep you updated and apprised of the ever-evolving the real estate investment market so you can better serve your clients’ needs.
- Quickly solve sales process pain points in the moment, while developing long-term solutions.
QUALIFICATIONS:
- Minimum 2+ years of successful of client origination with real estate investors and developers.
- MLO not required.
- High character.
- Great communication and written skills.
- Highly detail oriented with an ability to review data, catch, and remedy data integrity issues.
- Great listening, follow-up and follow through skills.
- High achievers that are motivated by goals.
- Self-starter able to generate consistent originations from volume of client conversations and providing innovative solutions that traditional banks don’t offer.
- Bachelor’s degree preferred. Strong analytical skills and thrives in a data rich environment, skilled in Excel.
- Proficient in Microsoft Office Suite.
BENEFITS:
- Competitive salary to start from $60k – $200k with commission. Compensation plan that allows top performers to get mid to high 6 figures.
- Comprehensive health, vision, and dental insurance plans.
- 401(K) plan with company match.
- Life insurance.
- Remote and/or hybrid work location.
- Personal and professional growth opportunities.
- Paid time off plus holidays.
APPLY NOW | AAMC IS AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER
As a Wholesale Banker, you will be responsible for growing and/or strengthening our white label table funding and correspondent lending program for our broker business purpose channel. We’re searching for a highly skilled and seasoned professional who has demonstrated experience in wholesale banking and leading similar platforms in the bridge and transitional real estate lending space.
This is an attractive opportunity for those persons looking to be a high-income earner.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
- Ability to connect with brokers in the bridge real estate lending space.
- Tracking contacts in the company’s CRM (Customer Relationship Management).
- Building relationships with current and new mortgage brokers and bankers.
- Maintaining sales contact, pipeline, and other pertinent sales activity reports.
- Skilled on all things single family investment property related, from large single family rental portfolio’s, to build for rent developments, to fix and flip projects, ground-up construction, transitional small balance commercial multifamily and mixed use.
- Adds value by working directly with brokers and loan officers on marketing programs.
- Stay abreast of underwriting guidelines and program changes.
- Use pre-underwriting/pre-qualifying loan files.
- Provide ongoing service and support to brokers qualifications.
- Communicate effectively and professionally in an office environment.
- Knowledge of mortgage industry, loan products and programs.
QUALIFICATIONS:
- Minimum 1+ year track record to bring wholesale rep in the bridge space.
- Great communication skills.
- Organizational skills include but not limited to time management, communication, setting goals, delegation, working under pressure, self-motivation, analytical thinking, and strong attention to detail.
- Highly detail-oriented with an ability to review data, catch, and remedy data integrity issues.
- Self-starter able to generate consistent loan flow from high daily call volume and virtual client outreach.
- Ability to learn quickly and think on your feet.
- Bachelor’s degree preferred. Strong analytical skills and thrives in a data rich environment, skilled in Excel.
- Proficient in Microsoft Office Suite.
BENEFITS:
- Competitive salary to start from $60k – $200k w/ commission. Compensation plan that allows top performers to get mid to high 6 figures.
- Comprehensive health, vision, and dental insurance plans.
- 401(K) plan with company match.
- Life insurance.
- Remote and/or hybrid work location.
- Personal and professional growth opportunities.
- Paid time off plus holidays.
APPLY NOW | AAMC IS AN EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER
We are revolutionizing the world of non-traditional lending. While advancing your career, you can look forward to a competitive salary and the training and support to enable success and a compensation plan that allows top performers to reach the mid-to-high six figures. Our high-performance culture of respect, recognition and reward includes a comprehensive benefits plan, with medical, 401(k) with match, PTO and paid holidays. Our forward-thinking leadership has also embraced a hybrid or remote work model, offering the flexibility that today’s professionals want – while providing support for administrative tasks. While providing support both for administrative task but also to help you grow your business.
We aim to hire high achievers and quickly develop them into highly regarded, top producing originators.
Ready to join our revolution?
Ready to join our revolution?
