DSCR Loan Processor
Listed on 2025-12-31
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Finance & Banking
Loan Servicing, Mortgage Loan Originator / Advisor
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 OverviewWe 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.
- 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 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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