NMLS #367411 We are your nationwide private lender who specializes in Fix & Flip, Bridge, DSCR, and New Construction.
Loan Processor, DSCR / RTL
Location
United States
Posted
1 day ago
Salary
0
Seniority
Mid Level
Job Description
Loan Processor, DSCR / RTL
Park Place Finance, LLC - Hard Money Lender
• Process RTL, Bridge, Renovation, Ground-Up Construction, and DSCR loans in alignment with company guidelines and investor requirements. • Review and verify borrower, guarantor, and entity documentation (credit, income, bank statements, title, insurance, leases, corporate docs). • Ensure all required items are received, complete, and compliant prior to underwriting and closing. • Coordinate closely with underwriters, originators, and closers to maintain loan file accuracy and expedite turnaround times. • Track and clear conditions efficiently while maintaining proactive communication with internal teams and external partners. • Review appraisals, BPOs, construction budgets, and rehab scopes for completeness and accuracy. • Maintain meticulous file organization, ensuring all documentation is properly labeled and archived in the LOS. • Provide exceptional service to borrowers and brokers through clear, timely communication. • Identify and escalate issues or inconsistencies that could affect loan eligibility or timeline.
Job Requirements
- 2+ years of experience processing private lending or non-QM loans (required).
- Hands-on experience with RTL (Bridge, Renovation, Ground-Up Construction) and DSCR loans.
- Experience filling out a HUD-1 and/or settlement statement
- Business entity documentation experience
- Strong understanding of business-purpose loan documentation and compliance standards.
- Excellent attention to detail and ability to manage multiple loans simultaneously.
- Proficiency with loan origination systems (experience with LendingWise a plus).
Benefits
- Best-in-Class Training
- Uncapped Earning Potential & Competitive Compensation Package
- 100% Company-Paid Health Insurance
- Retirement with a 4% Match
- In-Office Gym
- 15 Days of PTO
- Additional Perks & a culture that celebrates your hustle and ambition
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