ADU Finance is a wholly owned subsidiary of Abodu, the nation’s leading Accessory Dwelling Unit
(ADU) provider. ADU Finance is looking for a leader in mortgage origination to support homeowners
seeking financing opportunities for their ADU projects and to gain more information about its
products and process. You will be responsible for building and leading a best-in-class brokerage &
non-delegated correspondent lending program to compliment Abodu’s product growth across the
western US as well as supporting the Sales Team in informational calls, outreach, and sales event
support. We’re searching for a highly skilled leader in mortgage originations who has demonstrated
experience in building and/or leading similar platforms in the residential or commercial mortgage
industry.
Responsibilities in Loan Origination
● Own and drive a roadmap which paves the way for ADU Finance to go from broker to non-
delegated correspondent lender rapidly.
● Develop creative solutions that meet the shifting demands of our customers
● Evaluate and provide guidance on broker-centric and fulfillment third-party software.
● Perform market research to select and source mortgage products suitable for all clients.
● Prospect best-in-class direct and wholesale lenders to strengthen brokerage relationships
while evaluating requirements and partnerships for ADU Financing’s correspondent lending
future.
● Negotiate and establish warehouse facilities as-needed to support non-delegated lending
services.
● Be a main contributor to ADU Financing’s policies and procedures including compliance and
QC plans.
● Assist in the training of less experienced underwriters
● Work cross-functionally with Abodu team members.
● Perform detailed underwriting analysis of all loan products including calculating all income
type, calculating complex financial analysis, analyzing title reports and lien information,
reviewing all financial statements, appraisals for product eligibility requirements, and
reviewing any additional documentation prior to approval and clear to close.
● Ensure that all loan files are documented to meet portfolio and investor guidelines to ensure
marketability and maintain quality standards.
Responsibilities in Sales Support
● Qualification of inbound leads, upcoming Informational Calls, and Showroom Tours
● Warm/inbound lead outreach & lead revival
● Conduct Informational Calls with prospective clients
● Conduct Showroom Tours or Support where needed
● Assist in Sales Events, activations, and marketing efforts
Qualifications
● California state licensed MLO. DRE with MLO endorsement required in the state of
California. Other state licenses a plus.
● Bachelor’s degree
● Certified Mortgage Compliance Professional a plus
● 5+ years of similar brokerage and correspondent mortgage origination leadership, either in
commercial or residential mortgage, with demonstrated success leading a team of loan
officers
● Proven success and expert knowledge in mortgage lending processes, and knowledgeable
in the logistics and execution of a correspondent and white labeled table funding mortgage
origination models
● Balanced focus of driving origination volume with good quality underwriting and risk
assessment
● Successful track record of recruiting and developing operations team members (loan officers
/ underwriters)
● Strong leadership and coaching skills, projecting a positive attitude, and providing an
environment of professional excellence.
● Supports achievement of business objectives through effective management of sales and
operations
This position is required to be on-site in our Redwood City office.
What we offer:
● Competitive pay and equity
● Team building events
● Free healthy snacks (some sweet ones too!)
● Bring your dog to work
Pay Transparency:
The below represents the expected salary range for this position in Redwood City, CA. We take a
number of factors into account when determining compensation including your location, experience,
and other job-related factors.
Salary Range: 55,000-80,000 + equity + Commission- Abodu expects to hire for this position
near the middle of the range. Only in truly rare or exceptional circumstances where a candidates
experience, credentials, or expertise far exceed those required or expected will we consider and
offer at the top of the salary range. Abodu offers a competitive benefits paid time off, company holidays, stock option plan, and
commuter benefits.
Abodu is committed to creating a diverse environment and is proud to be an equal opportunity
employer. All qualified applicants will receive consideration for employment without regard to race,
color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics,
disability, age, or veteran status.
Please note that all Abodu employees are required to be vaccinated.
Abodu is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
