Loan Processor – Private Lending (RTL/DSCR)

Park Place Finance, LLC

United States

On-site

USD 60,000 - 85,000

Full time

7 days ago
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Benefits offered by this job

Best training
Uncapped earnings
Health insurance
401k match
In-office gym
PTO 15 days
Culture of hustle

Job summary

Park Place Finance seeks an organized Loan Processor with experience in private lending products including RTL, Bridge, Renovation, Ground-Up Construction, and DSCR loans. You will move loans from application through closing with accuracy, compliance, and borrower-focused service.

Ideal candidates have 2+ years in private/non-QM lending, strong communication, and attention to detail, plus experience with LOS systems. This role offers a fast-paced, performance-driven environment.

Qualifications

  • 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 HUD-1 and settlement statements; knowledge of business entity documentation.
  • Strong attention to detail and ability to manage multiple loans simultaneously.
  • Excellent communication and problem-solving skills.
  • Proficiency with loan origination systems; LendingWise experience is a plus.

Responsibilities

  • Process RTL, Bridge, Renovation, Ground-Up Construction, and DSCR loans per guidelines.
  • Review and verify borrower, guarantor, and entity documentation (credit, income, bank statements, title, insurance, leases, corporate docs).
  • Ensure all items are received, complete, and compliant before underwriting and closing.
  • Coordinate with underwriters, originators, and closers to maintain file accuracy and speed up turnaround times.
  • Track and clear conditions; maintain proactive communication with internal teams and external partners.
  • Review appraisals, BPOs, construction budgets, and rehab scopes for completeness and accuracy.
  • Maintain meticulous file organization; archive documentation in LOS.
  • Provide exceptional service to borrowers and brokers through clear, timely communication.
  • Identify and escalate issues that could affect loan eligibility or timeline.

Job description

Park Place Finance seeks an organized Loan Processor with experience in private lending products including RTL, Bridge, Renovation, Ground-Up Construction, and DSCR loans. You will move loans from application through closing with accuracy, compliance, and borrower-focused service.

Ideal candidates have 2+ years in private/non-QM lending, strong communication, and attention to detail, plus experience with LOS systems. This role offers a fast-paced, performance-driven environment.

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