DSCR Loan Processor

Spherion is hiring for a DSCR Loan Processor for a dynamic team in Louisville, KY! The DSCR Loan Processor plays a central role in coordinating borrower documentation, preparing investor-ready loan files, managing underwriting conditions, and guiding transactions through closing. The role operates at the intersection of borrower communication, operational execution, and investor compliance. This position requires strong organizational discipline, attention to detail, and the ability to manage multiple transactions within a fast-moving lending environment.

This is a hands‑on operational role within an entrepreneurial real estate lending platform focused on efficient and disciplined loan execution.

• Open and organize DSCR loan files upon borrower engagement.
• Collect required borrower, entity, and property documentation.
• Ensure loan files meet documentation standards prior to submission.
• Maintain disciplined file organization to support underwriting review and investor compliance.
• Prepare complete DSCR loan packages for submission through the funding partner(s) platform.
• Confirm documentation aligns with investor program guidelines and submission standards.
• Upload borrower, property, and financial documentation to the investor portal.
• Maintain accurate pipeline tracking and status updates throughout the underwriting process.
• Track and manage underwriting conditions issued by the funding partner.
• Coordinate with borrowers and BDMs to obtain required documentation and clarifications.
• Review incoming documents for completeness and accuracy prior to resubmission.
• Maintain disciplined condition tracking to ensure efficient file progression.
• Monitor loan progression from submission through clear‑to‑close.
• Coordinate closing logistics with title companies, borrowers, and funding partners.
• Ensure final documentation and closing conditions are satisfied before funding approval.
• Maintain transaction visibility and proactively address operational bottlenecks.
• Maintain the DSCR loan pipeline tracker and provide regular transaction status updates.
• Support BDMs with borrower communication regarding documentation and closing timelines.
• Identify documentation gaps early to prevent underwriting delays.
• Contribute to operational improvements that strengthen processing efficiency and execution discipline.

9:00 AM - 6:00 PM

• Familiarity with loan submission portals and document management systems.
• Experience managing underwriting conditions and coordinating loan closings.
• Exposure to private lending or real estate investment lending environments.

High School

2-5 years

• 2-5 years experience in mortgage processing, real estate lending, or loan operations.
• Experience working with investor DSCR loan programs.
• Familiarity with residential investment property loans or DSCR loan structures.
• Strong organizational skills and attention to documentation detail.
• Ability to manage multiple transactions within a deadline‑driven environment.
• Clear communication skills when coordinating with borrowers, partners, and internal team members.

Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Spherion offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short‑term disability, and a 401K plan (all benefits are based on eligibility).

Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

At Spherion, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact