Loan Originator
Commercial Property Assessed Clean Energy (“C-PACE”) financing is a tool used by
property owners and developers to finance energy efficiency, renewable energy, and
resiliency measures incurred to improve commercial property.
Founded in 2017, PACE Loan Group (PLG) is a leading national direct C-PACE lender. With an industry-leading balance sheet PLG is focused on originating and servicing C-PACE loans nationwide. We are on the ground floor of something big - and we want you to be a part of it.
PLG is adding a Loan Originator to our team. Serving on the Loan Originations team, your day-to-day responsibilities will primarily focus on sourcing, originating, and closing C-PACE loans.
This role could be remote (i.e. Miami or Seattle) or could be based out of one of our Minneapolis, Chicago, San Diego, or New York offices. If you are a deal junkie with a breadth of commercial real estate finance experience, this position offers you significant upside in a rapidly growing industry. Compensation is comprised of base salary and production-based commissions.
Key Responsibilities and Duties:
This is a sales role dependent on sourcing new loan originations.
Make outgoing calls and correspondence to source potential PACE deals
Partner with all local mortgage brokers to include PACE in their capital stacks
Support the relationship management of existing PLG relationships
Prepare and negotiate C-PACE term sheets
Assist in the initial project review, underwriting, and deal closings
Logging all leads and correspondence in our CRM system
Understand the nuances of various C-PACE programs
Other tasks as needed
Qualified Applicants have/are:
Autonomy and intrinsic motivation. We are looking a self-starter who thrives in a commission-based and competitive environment
Fearlessness to make cold calls, and tenacity to convert potential leads
Desire to perform nationwide outreach, including in key target markets
Track record of loan originations and/or deep relationships with developers, property owners, and mortgage brokers
Assist in the initial project review, underwriting, and deal closings
Excellent responsiveness and interpersonal skills
The ability to independently make decisions in high-stress situations
We're proud to be an equal opportunity employer and welcome our employees’ differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status. Difference makes us better. Join us.
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