Loan Processor Position
We are looking for a responsible and organized Loan Processor to handle investment mortgage transactions (DSCR / hard money loans). The specialist will manage transactions from the moment the application is received until closing.
Key Responsibilities:
1. Collecting and verifying transaction documents
• Processing the borrower’s application
• Verifying entity documents if the borrower is an LLC
• Liaising with title and escrow companies
• Verifying the purchase contract
• Coordinating insurance coverage
• Ordering and monitoring the property appraisal
2. Preparation of the loan file
• Review of DSCR calculations
• Analysis of the rent schedule and market rent
• Property analysis
• Verification of LTV and LTC ratios
3. Interaction with third parties
• Appraisal companies
• Title company
• Insurance broker
• Escrow officer
4. Preparing the transaction for closing
• Reviewing the closing statement
• Monitoring compliance with funding conditions
• Preparing the final set of documents for closing the transaction
Requirements:
• Experience with investment real estate in the U.S. market is a huge advantage
• Understanding of DSCR calculations
• Experience with title and escrow
• Experience working with appraisal companies
• Experience in private lending, mortgage brokerage, or related fields
• English proficiency at the B2–C1 level (fluent spoken and written)
Required skills:
• Proficient in Excel
• Experience with CRM/LOS systems (LoanPro, LendingPad, Arive, or similar)
• Experience with DocuSign
• Experience with Dropbox / Google Drive
What we offer:
• Remote work schedule: 7 AM – 2 PM Los Angeles time
• Timely pay: $1,500 - $4,000 (base salary + KPI)
If all of the above appeals to you, we’d love to have you join our team. We only consider candidates who submit a cover letter 🙂
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