Loan Specialist (Realty)

Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including specialized experience and/or education, as defined below.

For GS-09 Grade Level: Applicants must possess one (1) year of specialized experience equivalent to at least the GS-07 grade level; or its non-Federal equivalent that demonstrates: Knowledge and understanding of mortgage loan making/servicing and credit principles and practices in order to assess the fundamental soundness of single family housing loans and to independently examine applications, supporting documents, and credit reports, and maintain servicing activities on small mortgage loans. Experience may have been gained in work equivalent to furnishing information to borrowers and applicants on loan programs, eligibility requirements, financial and credit requirements; analyzing information provided by loan applicants, determining eligibility for mortgage loans, and making loan recommendations to a senior employee; conducting on-site inspections; participating in developing and implementing outreach and marketing programs.

OR master's or equivalent graduate degree

OR 2 full years of progressively higher-level graduate education leading to such a degree or LL.B. or J.D., if related.

Equivalent combination of education and experience are qualifying for this grade level.

Undergraduate and Graduate Education: Major study -- finance, business administration, economics, accounting, insurance, engineering, mathematics, banking and credit, law, real estate operations, statistics, or other fields related to the position, such as agriculture, agricultural economics, farm, livestock or ranch management, or rural sociology.

For GS-11 Grade Level: Applicants must possess one (1) year of specialized experience equivalent to at least the GS-09; or its non-Federal equivalent that demonstrates: Thorough knowledge and understanding of mortgage loan making/servicing to independently examine applications from borrowers; experience reviewing financial documents, and maintaining servicing activities on a variety of loans. Experience may have been gained in work equivalent to analyzing financial information provided by loan applicants; determining eligibility for loans and grants; reviewing and approving applications loans and grants; reviewing loan closing documents for completeness and accuracy; conducting on-site inspections; and implementing outreach and marketing programs.

OR Ph. D or equivalent doctoral degree

OR 3 full years of progressively higher-level graduate education leading to such a degree or LL.M., if related.

Equivalent combination of education and experience are qualifying for this grade level.

NOTE: To be considered for this position, you must meet all qualification and eligibility requirements for the GS-1165 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of the announcement. A copy is available at: https://www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards

Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.