Loan Processor (DSCR / RTL)

About the role

Park Place Finance is a fast-growing, nationwide private lender specializing in fix-and-flips, ground-up construction, and DSCR loans. The company's unique culture fosters a high-performance, entrepreneurial environment where driven professionals can thrive.

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 before underwriting and closing
• Closely coordinate 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
• 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