About the Role
We are seeking an experienced DSCR Loan Processor to manage residential investor loans from initial submission through clear-to-close. This role is critical to delivering fast, accurate, and compliant executions for real estate investors financing single-family, 2–4 unit, and small multifamily rental properties.
The ideal candidate thrives in a high-volume, investor-focused environment, understands DSCR guidelines deeply, and can independently drive files forward while communicating clearly with borrowers, brokers, lenders, and internal teams.
Key ResponsibilitiesLoan Processing & File Management
- Process DSCR (Debt Service Coverage Ratio) loans from intake to closing
- Review loan submissions for completeness, accuracy, and guideline compliance
- Order and manage third-party services (appraisal, title, insurance, rent schedules, etc.)
- Analyze lease agreements, market rents, and appraisals to confirm DSCR calculations
- Review borrower documentation including LLC docs, operating agreements, bank statements, and credit reports
- Ensure all conditions are cleared efficiently and correctly
Communication & Coordination
- Serve as the primary point of contact between borrowers, brokers, underwriters, and closing teams
- Proactively request missing items and follow up to keep files moving
- Provide clear status updates and set realistic expectations
- Coordinate with title and escrow to ensure smooth closings
Compliance & Quality Control
- Ensure adherence to lender overlays, state regulations, and investor guidelines
- Maintain accurate, well-organized loan files
- Identify and resolve potential issues early to avoid closing delays
- Prepare files for underwriting submission and final approval
Required Qualifications
- 2+ years of residential loan processing experience
- Direct experience processing DSCR / investor loans is required
- Strong understanding of:
- DSCR calculations
- Rental income analysis
- Appraisals (1007, 1025, rent schedules)
- LLC borrower structures
- Familiarity with non-QM and business-purpose lending
- Experience working with LOS systems (Encompass, Arive, LendingPad, or similar)
- Strong organizational skills and attention to detail
- Ability to manage multiple files simultaneously in a fast-paced environment
Preferred Qualifications
- Experience with fix-and-rent, cash-out refinance, and portfolio rental loans
- Understanding of title vesting for investor entities
- Familiarity with investor-focused lenders and non-QM guidelines
- Background working with brokers and correspondent channels
Key Traits for Success
- Extremely detail-oriented and deadline-driven
- Proactive communicator who anticipates issues
- Comfortable working with real estate investors and repeat clients
- Solutions-oriented mindset with a strong sense of ownership
- Thrives in a performance-based, accountability-focused culture
What We Offer
- Competitive compensation (base + performance incentives, depending on structure)
- Consistent loan volume
- Remote flexibility
- Clear processes, defined roles, and strong leadership support
- Opportunity to grow with a rapidly scaling investor-focused lending platform
Job Type: Full-time
Pay: $65,000.00 - $95,000.00 per year
Benefits:
- Health insurance
- Paid time off
Experience:
- residential loan processing: 2 years (Required)
Language:
Ability to Commute:
- Newport Beach, CA 92663 (Required)
Work Location: In person
