About Ascent
Ascent Developer Solutions is a leading private lending platform, serving real estate developers nationwide in the acquisition, renovation, and construction of residential real estate. Founded by a leadership team with a deep understanding and personal experience in virtually every facet of real estate development, Ascent is uniquely positioned to create custom, innovative lending solutions for a variety of real estate development business strategies.
The Role
The Sales Associate (SA) collaborates closely with Loan Officers and Relationship Managers to meet loan production targets by establishing and maintaining continuous business relationships with borrowers. The SA aids in managing the pipeline, loan processes, and portfolio management to support the Loan Officers and Relationship Managers.
The Work
Pipeline Management: Assist Loan Officers and Relationship Managers in building sponsor and loan files, collecting conditions, managing loan processes, and communicating status updates to customers.
Loan Support:
Provide ongoing support to Loan Officers and Relationship Managers throughout the life of a loan, including follow-ups with customers, document collection, and serving as the main internal point of contact for assigned loans.
Loan Structuring: Possess basic knowledge of loan structuring, including front-end guidance, underwriting requirements, and loan products.
Needs Assessment: Develop a needs list based on the review of the loan structure and AscentDS's underwriting requirements.
Documentation Review: Examine files for any potential issues ("red flags") in loan documentation to ensure the package is sufficient and complete.
Borrower Interaction: Directly engage with borrowers to obtain sufficient initial documentation for submission to underwriting or portfolio management, including reviewing loan packages and structures to ensure they meet lending criteria.
Customer Centric: Recommend and implement best practices as part of Ascent’s dedicatio