Search Jobs
Find your next opportunity here.
Wheeler Staffing Partners
https://wheelersp.wpengine.com/wp-content/uploads/2021/05/JB-Square-200x200-1.png
https://www.wheelersp.com
https://www.wheelersp.com
true
DSCR Loan Processor
Location: Austin, TX (Full-time, Hybrid)
Salary: Base $60,000 to $65,000 (flexible depending on background and loan experience) + Bonus opportunities.
Benefits:
Description:
Wheeler Staffing Partners is seeking a skilled DSCR Loan Processor to join our client's team at Client Charles Walker. The ideal candidate will have a minimum of 3 years of experience in loan processing, particularly with business-purpose residential loans, DSCR (Debt Service Coverage Ratio), and an interest in DSCR aggregator experience. Experience with hard money lending, knowledge of Texas real estate and lending regulations, and prior experience in a hybrid or remote work environment is essential.
Position Overview:
As a DSCR Loan Processor, you will be responsible for managing and processing loans, ensuring all documentation is accurate and complete. You will work in a hybrid capacity, leveraging your expertise in capital markets and business-purpose residential loans to handle various loan products, including fix-and-flip and construction loans. This role requires strong attention to detail, organizational skills, and the ability to collaborate effectively within a fast-paced environment.
Key Responsibilities:
Qualifications:
Preferred Qualifications:
Rachel Wiseman
DSCR Processor
Posted: 08/28/2024
2024-08-28
2024-10-13
Employment Type:
Direct Hire
Industry: Mortgage
Job Number: 8045
Job Description
DSCR Loan Processor
Location: Austin, TX (Full-time, Hybrid)
Salary: Base $60,000 to $65,000 (flexible depending on background and loan experience) + Bonus opportunities.
Benefits:
- 401(k) with matching
- Dental/Vision insurance
- Health insurance and HSA
- Paid time off
- Retirement plan
Description:
Wheeler Staffing Partners is seeking a skilled DSCR Loan Processor to join our client's team at Client Charles Walker. The ideal candidate will have a minimum of 3 years of experience in loan processing, particularly with business-purpose residential loans, DSCR (Debt Service Coverage Ratio), and an interest in DSCR aggregator experience. Experience with hard money lending, knowledge of Texas real estate and lending regulations, and prior experience in a hybrid or remote work environment is essential.
Position Overview:
As a DSCR Loan Processor, you will be responsible for managing and processing loans, ensuring all documentation is accurate and complete. You will work in a hybrid capacity, leveraging your expertise in capital markets and business-purpose residential loans to handle various loan products, including fix-and-flip and construction loans. This role requires strong attention to detail, organizational skills, and the ability to collaborate effectively within a fast-paced environment.
Key Responsibilities:
- Process and manage loan applications from submission through to closing, ensuring accuracy and completeness of documentation.
- Collaborate with underwriters, borrowers, and third-party vendors to obtain necessary documents and information.
- Analyze and review financial statements, credit reports, and other loan documentation to assess borrower eligibility and loan risk.
- Facilitate the closing process, ensuring all conditions are met and loans are funded promptly.
- Maintain strong communication with clients, keeping them informed throughout the loan process.
- Assist in the preparation of loan files for audits and compliance reviews.
- Stay updated with industry trends and regulatory changes, particularly in capital markets and real estate investment.
- Manage multiple loan files simultaneously, prioritizing tasks to meet deadlines.
Qualifications:
- Minimum of 3 years of experience in loan processing, focusing on business-purpose residential loans.
- Strong knowledge of capital markets, fix-and-flip, and construction loans.
- Familiarity with local real estate markets, particularly in Austin, Texas.
- Proficiency in loan processing software and other relevant technology.
- Excellent analytical, organizational, and communication skills.
- Ability to work independently and as part of a team in a fast-paced environment.
- Strong attention to detail and a commitment to maintaining high standards of accuracy and compliance.
Preferred Qualifications:
- Experience with hard money lending.
- Knowledge of Texas real estate and lending regulations.
- Prior experience working in a hybrid or remote capacity.
Meet Your Recruiter
Rachel Wiseman
Recruiter
Share This Job:
Related Jobs:
Login to save this search and get notified of similar positions.About Austin, TX
Discover your next career opportunity in the vibrant job market around Austin, Texas! Known for its lively music scene, world-class cuisine, and abundant outdoor activities, Austin offers a dynamic and thriving environment for job seekers. With iconic landmarks like the Texas State Capitol and Lady Bird Lake, as well as cultural gems such as the Blanton Museum of Art and the historic Paramount Theatre, there's no shortage of enriching experiences in this city. Home to professional sports teams like the Austin FC, this area provides a perfect blend of work and play. Explore our job listings today and embark on a career journey in this irresistibly charming region that promises growth and endless possibilities.