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Director, FHA Originations Job - Posted 1/20/10

Director, FHA Originations-0000C

Description
 
Prudential Mortgage Capital Company (PMCC) is one of the nation’s leading providers of commercial mortgages on multifamily, retail, office, industrial, and hotel properties. The Company offers one of the most comprehensive lines of real estate finance products including fixed-rate, floating-rate and interim/bridge loans; Fannie Mae DUSTM and FHA lending; and mezzanine and affordable housing financing. The company has been structured to provide clients with one source for all commercial mortgage financing and servicing needs, giving the firm a competitive advantage in the marketplace.

Prudential Huntoon Paige Associates, Ltd., (PHPAL) is PMCC’s FHA lending division. PHPAL is a leading provider of FHA-insured commercial mortgages on multi-family and health care properties.

PHPAL is considering Director level Originator(s) candidates to join the organization. This position will be directly responsible for sourcing and originating FHA insured mortgage investments There is opportunity for the position to be based in one of the multiple locations throughout the organization to include Atlanta, Boston, Chicago, Dallas, Denver, Los Angeles, McLean, Newark, New York, San Francisco or Seattle.

Responsibilities:

Acts as the central point of contact for borrowers, intermediaries and internal team members. Manage all aspects of loan origination process, including presentations to senior management, debt structuring, pricing strategy, transaction negotiation.
Develop and cultivate high quality relationships with new prospects, while maintaining and building enduring relationships with existing institutional clients.
Develop and maintain relationships with HUD/FHA Offices.
Qualifications
 
Qualifications:

Minimum 5 years of experience in originating FHA Multifamily and/or Healthcare business.
Qualified and interested candidates must have a quantifiable track record in business development with the proven ability to develop, cultivate and manage high quality relationships with intermediaries and borrowers
A leader and team player, candidates must work well in a multi-functional collaborative environment and demonstrate a strong work ethic and a commitment to customer service.
Strong written and verbal communication skills are a must
4-year college degree in real estate, finance or a related field is a plus. .
 
The Prudential Insurance Company of America and its affiliates, Newark, New Jersey are Equal Opportunity/Affirmative Action Employers and are committed to diversity in our workforce.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential’s businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email, Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential, and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director, Recruiting Programs, Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
 
Job Function Mortgage
Primary Location United States-Georgia-Atlanta
Other Locations United States-California-Los Angeles, United States-Illinois-Chicago, United States-Virginia-Mclean, United States-California-San Francisco, United States-Colorado-Denver, United States-New Jersey-Newark, United States-Washington-Seattle, United States-Texas-Dallas, United States-Massachusetts-Boston
Schedule Full-time

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