Commercial Mortgage Agent and Mortgage Broker

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mississauga 🕐 3 days ago

Job Description

Company Profile:
Clover Mortgage Inc. is a fast-growing modern-day mortgage brokerage. We specialize in commercial and residential mortgage brokering and are actively seeking motivated and experienced commercial mortgage agents, brokers, and administrators to join our team to vet and process commercial mortgages.

Opportunity:
Clover Mortgage Inc. is looking for experienced commercial mortgage agents and brokers with previous sales success or direct industry experience that will work with the customers and warm leads that we provide and seek out new customers through the development of relationships within the community.

The position of Commercial Mortgage Agent / Broker provides an opportunity to earn unlimited income while building a lifelong career in the commercial mortgage industry!

We will provide warm targeted leads, training and mentorship as well as continuing support and established lender relationships and non-conventional lending support as well as marketing assistance.

Responsibilities + Duties:
Take warm inbound commercial mortgage and construction leads
Convert the leads to closed mortgage applications
Advise new and existing customers on various commercial mortgage programs based on the customers’ financial needs
Obtain and analyze pertinent financial and credit data
Analyze current programs to provide accurate and timely information to customers
Negotiate terms and conditions of mortgage loans with applicants
Act as primary liaison with borrowers (customers), and other company members to facilitate a prompt and efficient loan closing
Keep informed on trends and developments in the local real estate market, as well as the changing rules and regulations, pertaining to both private and government-insured mortgages
Manage personal pipeline to ensure service standards and financial goals are met
Ensure a smooth mortgage application process for clients
Provide insight and feedback to management to continuously improve the customer experience
Maintaining your FSRA Certified Mortgage Agent / Broker designation
Experience:
2-4 years of experience as a Commercial Mortgage Agent or in the Commercial Lending and Banking space with experience writing and closing deals required
Experience in working in a fast-paced environment, proven ability to work with excel, calculate debt service coverage ratios
Understanding cash flows for business and real estate
Complex debt structuring - Capital Stack Structuring and a basic knowledge of accounting
Asset Classes
Mixed-use
Construction/development
Retail plazas
Gas Stations
Multi-Family apartment buildings
Benefits:
You will be backed by an experienced team of commercial mortgage professionals.
Many leads are provided to you and the leads are warm!
Competitive commission splits
Proven closing ratio
Weekly full team meetings and lender presentations
Ongoing expert training and support provided
On-site office parking included
You are learning from industry experts who have closed deals from $100k to over $100M?
Compensation:
Attractive commission splits
Room for growth and development within the corporation.
Income Potential: $200,000.00-$1,000,000.00+ per year
Apply with resume to [email protected] and by filling out the Mortgage Agent & Broker Application Form at: Clover Mortgage Agent & Broker Application Form

 

💡 Quick Summary

Seeking a career-building opportunity? The Commercial Mortgage Agent and Mortgage Broker position is now open for candidates interested in the Real Estate sector. This role in Mississauga offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Real Estate is a plus.

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Frequently Asked Questions

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The expected salary for Commercial Mortgage Agent and Mortgage Broker in Mississauga is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Commercial Mortgage Agent and Mortgage Broker is an on-site position based in Mississauga. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Commercial Mortgage Agent and Mortgage Broker. Previous experience in Real Estate is a plus. Freshers may also apply depending on the employer's requirements.
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