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Loan Specialist (Realty)

Department of Agriculture
Agriculture, Rural Development
This job announcement has closed

Summary

This position is located in a State or Area Office in USDA/Rural Development (RD).

The incumbent approves and services loans for small (one to four family) residential dwellings.

This position may be eligible for hiring incentives.

Initial cutoff date for referral consideration will be 5/29/2024.

This position is neither remote nor virtual. The employee will be expected to report in person to the assigned duty location.

Overview

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Reviewing applications
Open & closing dates
05/16/2024 to 08/16/2024
Salary
$59,966 to - $84,848 per year

The final salary determination will be determined based on the selectee's duty station location.

Pay scale & grade
GS 9
Locations
Many vacancies in the following locations:
Hays, KS
Iola, KS
Newton, KS
Topeka, KS
Remote job
No
Telework eligible
Yes—as determined by the agency policy.
Travel Required
Occasional travel - You may be expected to travel for this position.
Relocation expenses reimbursed
Yes—You may qualify for reimbursement of relocation expenses in accordance with agency policy.
Appointment type
Permanent
Work schedule
Full-time
Service
Competitive
Promotion potential
9
Job family (Series)
Supervisory status
No
Security clearance
Not Required
Drug test
No
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Trust determination process
Announcement number
DE-OCA-12414587-2024-JR
Control number
791557400

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Duties

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  • Reviews loan applications for completeness and conformance with all Rural Development requirements.
  • Prepares as applicable, conditional commitment, funding commitment and notification of loan closing, and certificate of eligibility and either approves or submits to approving official.
  • As directed by the Centralized Servicing Center (CSC), conducts field site visits to determine occupancy and conformance with Single Family Housing (SFH) loan requirements for liquidation actions.
  • Develops, implements and coordinates an outreach and marketing program for the SFH programs.

Requirements

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Conditions of employment

  • You must be a US Citizen or US National
  • Males born after 12/31/1959 must be Selective Service registered or exempt
  • Subject to satisfactory adjudication of background investigation and/or fingerprint check
  • Successful completion of one-year probationary period, unless previously served.
  • Direct Deposit - Per Public Law 104-134 all Federal employees are required to have federal payments made by direct deposit to their financial institution
  • Successfully pass the E-Verify employment verification check. To learn more about E-Verify, including your rights and responsibilities, visit E-Verify at https://www.e-verify.gov/

Qualifications

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

For the GS-9 level: Applicants must have 1 year of specialized experience equivalent to at least the GS-07; 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. Experience independently examining 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; assisting senior level employees in initiating action to graduate borrowers who are eligible for other credit sources; and participating in providing credit counseling to all borrower and debt adjustment services OR possess a Master's or equivalent graduate degree OR two (2) full years of progressively higher level graduate education leading to such a degree OR an LL.B. or J.D., if related (see qualifying fields of study below). Equivalent combination of education and experience are qualifying at 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.

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.

Education

A transcript must be submitted with your application if you are basing all or part of your qualifications on education.

Additional information

Career Transition Assistance Plan (CTAP), Reemployment Priority List (RPL), or Interagency Career Transition Assistance Plan (ICTAP): Visit the OPM website for information on how to apply as a CTAP, RPL, or ICTAP eligible. To exercise selection priority for this vacancy, CTAP/RPL/ICTAP candidates must meet the basic eligibility requirements and all selective factors. CTAP/ICTAP candidates must be rated and determined to be well qualified (or above) based on an evaluation of the competencies listed in the How You Will Be Evaluated section. When assessed through a score-based category rating method, CTAP/ICTAP applicants must receive a rating of at least 85 out of a possible 100.

To be eligible for appointment to this position, the new hire must be cleared to come on board once the results of the fingerprint check, review of the OF-306, Declaration for Federal Employment, and the candidate's Electronic Questionnaires for Investigations Processing (eQIP) entries have been reviewed and determined to be satisfactory. This position requires a favorable credit check as part of the background investigation.

Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc) should contact: USDA's TARGET Center at 202-720-2600 (voice and TDD).

One of the following incentives may be offered:
- Student Loan Repayment incentive.
- Relocation incentive.
- Recruitment incentive.
- Creditable Service for Annual Leave Accrual incentive.
- Superior Qualifications Appointment.

This is an open continuous vacancy announcement that is actively being used to fill current and future vacancies.

  • To receive consideration for vacancies, applicants must submit a complete application prior to the established cut-off date(s).
  • The initial cut-off date will take place on May 29, 2024 to begin the initial applicant consideration. Applications received after this date will be considered only if needed for future vacancies.
  • The cut-off dates are May 29, 2024; June 09, 2024; June 23, 2024; July 7, 2024; July 21, 2024; August 4, 2024, and August 16, 2024.
  • You are encouraged to apply as early as possible. This announcement will remain open until the closing date indicated; If you make corrections and resubmit your application, the date the application is last submitted will be used to determine those who are considered to have met the cut-off date.
NOTE: The period of eligibility for applications is throughout the announcement until the closing date or until 500 applications are received for each location. Applicants will be referred periodically throughout the announcement period at any time a vacancy becomes available, and selections may be made at any point during the announcement open period. The agency will issue a list of eligible applicants to hiring officials within the period of eligibility. Applicants may make changes to applications to ensure experience is current.

How you will be evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Applications will be evaluated in accordance with Office of Personnel Management's (OPM) Delegated Examining Procedures and USDA policy using category rating. Applicants who meet basic minimum qualifications will be placed in one of two or three categories: Best Qualified, Well Qualified, or Qualified. Within these categories, applicants eligible for veteran's preference will receive selection priority over non-veterans. Category placement will be determined based on applicants' quality of experience and the extent they possess the following knowledge, skills, and abilities (KSA) or competencies:

  • Knowledge of single family housing building construction standards and costs, plans and specifications, cost estimates, and contracts and inspections
  • Knowledge of single family housing loan making requirements
  • Knowledge of single family housing servicing requirements such as credit counseling, security servicing, debt adjustment, inventory property, or other servicing requirements
  • Oral Communication
  • Written Communication


Your application, including the online Assessment Questionnaire, will be reviewed to determine if you meet (a) minimum qualification requirements and (b) the resume supports the answers provided to the job-specific questions. Your resume must clearly support your responses to all the questions addressing experience and education relevant to this position. Those determined to be in the best qualified category will be referred to the selecting official for consideration.

Note: If, after reviewing your resume and/or supporting documentation, a determination is made that you have inflated your qualifications and or experience, your score may be adjusted to more accurately reflect your abilities, or you may be found ineligible. Please follow all instructions carefully. Errors or omissions may affect your rating. Providing inaccurate information on Federal documents could be grounds for non-selection or disciplinary action up to including removal from the Federal service.

Clicking the link below will present a preview of the application form; i.e. the online questionnaire. The application form link below will only provide a preview and does not initiate the application process. To initiate the online application process, click the "Apply" button to the right.

To view the application form, visit: https://apply.usastaffing.gov/ViewQuestionnaire/12414587

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