DSCR & Construction Loan Processor

Park Place Finance, LLC; Oregon; Híbrido; USD 60.000 - 78.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Best-in-class training

Uncapped earning potential

100% company-paid health insurance

4% retirement match

In-office gym and PTO

Descripción de la vacante

Park Place Finance, LLC in the United States seeks a highly organized Loan Processor specialized in private lending and business purpose loans. You will move RTL, Bridge, Renovation, and DSCR deals from application to close, ensuring accuracy, compliance, and a smooth borrower experience.

The role requires meticulous document review, coordination with underwriters and closers, and strong communication to manage multiple loans and timelines.

Formación

• 2+ years of experience processing private lending or non-QM loans.
• 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 LendingWise a plus).
• Team-oriented with a strong sense of ownership and accountability.

Responsabilidades

• 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 escalation issues or inconsistencies that could affect loan eligibility or timeline.

Conocimientos

Private lending

Non-QM loans

RTL/DSCR loans

HUD-1 docs

Entity documentation

Loan compliance

Attention to detail

Multi-loan management

Communication skills

Problem solving

LO systems: LendingWise

Team player

Herramientas

LendingWise

Descripción del empleo

Park Place Finance, LLC in the United States seeks a highly organized Loan Processor specialized in private lending and business purpose loans. You will move RTL, Bridge, Renovation, and DSCR deals from application to close, ensuring accuracy, compliance, and a smooth borrower experience.

The role requires meticulous document review, coordination with underwriters and closers, and strong communication to manage multiple loans and timelines.