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DSCR Loan Processor

Job in Austin, Travis County, Texas, 78716, USA
Listing for: Park Place Finance, LLC - Hard Money Lender
Full Time position
Listed on 2025-12-31
Job specializations:
  • Finance & Banking
    Loan Servicing, Mortgage Loan Originator / Advisor
Salary/Wage Range or Industry Benchmark: 60000 - 65000 USD Yearly USD 60000.00 65000.00 YEAR
Job Description & How to Apply Below

Park Place Finance, LLC – Hard Money Lender

This range is provided by Park Place Finance, LLC – Hard Money Lender. Your actual pay will be based on your skills and experience—talk with your recruiter to learn more.

Base Pay Range

$60,000.00/yr – $65,000.00/yr

About Park Place Finance

Park Place Finance is a fast‑growing, nationwide private lender specializing in fix‑and‑flip, 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. We move fast, think big, and invest in people as much as properties, building careers and long‑lasting relationships.

Position Overview

We are seeking a highly organized, detail‑oriented Loan Processor with experience in Business Purpose Loans, including Residential Transitional, Bridge, Renovation, Ground‑Up Construction, and DSCR (non-consumer) products. The role requires moving loans efficiently from application through closing, ensuring accuracy, compliance, and a smooth borrower experience.

Responsibilities
  • 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.
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.
  • 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.
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 and a culture that celebrates hustle and ambition.

Apply today to accelerate your earning potential, sharpen your skills, and thrive in a high‑performance, entrepreneurial environment.

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