DSCR Loan Processor

ABOUT PARK PLACE FINANCE

Park Place Finance is a fast-growing, nationwide private lender specializing in fix-and-flips, ground-up construction, and DSCR loans. Our culture is built on a high-performance, entrepreneurial mindset where driven professionals thrive in a “work hard, play hard” environment. You’ll find a team that rallies together, celebrates wins, and keeps raising the bar. We move fast. We think big. And we invest in people as much as properties.

With a focus on health, wealth, and professional development, we’re not just funding deals — we’re building careers & long-lasting relationships.

We are seeking a highly organized and detail-oriented Loan Processor with experience in Business Purpose Loans, including Residential Transitional Loans, Bridge, Renovation, Ground-Up Construction, and DSCR (non-consumer) products.

The Loan Processor plays a critical role in moving loans efficiently from application through closing ensuring accuracy, compliance, and a smooth borrower experience. This is an ideal opportunity for someone with strong communication skills, a problem-solving mindset, and prior experience in private or non-QM lending.

• 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.

• 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.
• Effective communication and problem-solving skills.
• Proficiency with loan origination systems (experience with Lending Wise a plus).
• Team-oriented with a strong sense of ownership and accountability.

• 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