Join the Catalyst Funding Team!
Do any of these descriptions fit you?
- You have been a successful loan officer, but changes in the market have adversely impacted your world.
- You're in the process of getting your NMLS license and looking for a great opportunity.
- You want to work at a company that provides an environment where your hard work and dedication can achieve your goals in almost any rate or real estate market.
- You are closing fewer loans now that rates have gone up and everyone's already refinanced.
- You want to be able to continue doing loans if values start dropping.
- You’re tired of chasing realtors for business or worried about relying on 1-2 loans to pay your bills.
If you fit any of those descriptions above, then Catalyst Funding may be for you!
We have built a recession resistant business model capable of thriving in any interest rate environment or real estate market! Catalyst is different than your typical mortgage company because we focus primarily on working with Real Estate Investors and changing their financial futures!
Many of our own employees learn to invest in real estate and have become landlords or flippers themselves.
Why work for Catalyst:
- All loan officers with 1 year on the job making 10k or more per month.
- 1 year + LO's average 10+ loans per month and they don't worry about their entire pipeline of 1 or 2 deals falling out and not being able to pay their bills.
- We pay double our normal compensation plan for the first 120 days of employment so you can earn more while building your pipeline.
- Potential draw against commission start-up for experienced, producing LO’s.
- Most investors buy more than one property allowing you to build a residual model with repeat business.
- Our Conventional loan partner/employer has multiple business channels that are not mortgage-related thus adding an extra layer of diversification and stability.
- Great reputation & brand in the investor lending space as evidenced by our 5-star Google and Facebook ratings.
- Referrals are a huge part of our business.
- Split Schedule. Work from home half the time and come to the office half the time.
- Products & Services that no other mortgage company in Texas offers, including the Bridge Appraisal. Widest group of products for investor loan officers.
- Top of the line CRM and Marketing department.
- Automated emails and texts sent to your clients.
- Tracking of all emails, calls and texts calls/emails so you can work smarter & more efficiently.
- Email & Website intelligence so you know what your customers want.
- Management team focused on helping you succeed!
- Weekly Training Sessions.
- Annual Reviews to help you focus on things to make you successful.
- Intensive One-on-One training w/management for your first two weeks
- Promote from within. We have a track record of promoting from within and have big growth plans for 2023.
Compensation:
- 100% Commission Position - No Cap on Income!
- To support LOs during their transition to Catalyst, all new hires are eligible for double basis points compensation for the first 120 days.
- Experienced, producing LOS are eligible for a draw against commission during the startup period.
Benefits:
- Health Insurance Benefits.
- Laptop and office equipment are supplied.
- Experienced and supportive staff to help you succeed.
- Mileage reimbursement.
- $75 monthly phone allocation.
- 10 paid holidays per year.
- 10 PTO days annually accruing at the rate of 6.67 hours per month.
- Eligible to participate in 401k after one year of employment.
What we require:
- Hustle always wins. Going the extra mile is part of our DNA.
- Our actions and decisions determine our results. Our success is determined by our daily activities. We do not blame others and take ownership of our future.
- Optimism is essential to outstanding achievement. We do not waste time with pessimism and see challenges as opportunities.
- Initiative: We create opportunities. We do not wait for opportunity to knock.
- Generate hard money, conventional and non-conventional loans to real estate investors.
- Hold and maintain an active NMLS license or you are in the process of getting your license.
We'll be honest, Catalyst Funding isn't for everybody. If you hate being on the phone reaching out to potential clients or attending industry networking events, then we're probably not for you. If you don't want to dedicate yourself to learning our business deeply and being a subject matter expert, it will not be a good fit. On the other hand, if want to take control of your financial future and really push yourself to succeed, then you need to apply.
Job Types: Full-time, Commission
Pay: $60,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Work from home
Compensation package:
Payment frequency:
Schedule:
Work setting:
Application Question(s):
- An NMLS License is required, do you have yours?
Experience:
- Loan officer, Loan Officer Assistant or Processor: 1 year (Required)
License/Certification:
Work Location: Hybrid remote in Irving, TX 75062