Loan Specialist

Full Job Description

This position is located in VA Loan Guaranty Service.

The Loan Specialist (NADL Coordinator) will perform an array of duties with the purpose of overseeing the Native American Direct Loan (NADL) program to limit risk to the agency and facilitate the Veteran's use of eligible benefits.

The coordinator is responsible for assisting Veterans in applying for the program and verifying if the Veteran has the financial ability to maintain the monthly mortgage payment.

To qualify for this position, applicants must meet all requirements by the closing date of this announcement:02/20/2026.

INDIVIDUAL OCCUPATIONAL REQUIREMENTS (IOR): This position does have an IOR (Individual Occupational Requirement) that must be met in addition to the Time-in-Grade and regular Specialized Experience qualifications.

To qualify for this position, you must have the education or experience listed below: Experience that demonstrated competence in agricultural, commercial, realty, or other types of loans.

Experience may have been gained in such work as reviewing and passing upon applications for agricultural, commercial, bank or mortgage loans; servicing a loan portfolio of a bank or other loan association; performing financial analysis of commercial concerns for investment purposes; appraising real estate to determine property valuation; or similar work.

OR 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.

Education must be accredited by an accrediting institution recognized by the U.S. Department of Education to be credited towards qualifications.

Provide only the attendance and/or degrees from schools accredited by accrediting institutions recognized by the U.S. Department of Education.

AND TIME-IN-GRADE REQUIREMENT: Applicants who are current Federal employees and have held a GS grade any time in the past 52 weeks must also meet time-in-grade requirements (unless if in the commuting area and eligible for a non-competitive hiring authority such as Schedule A, VRA, or 30% or more disabled Veterans).

For a GS-12 position you must have served 52 weeks at the GS-11 level.

If you are a current VBA employee outside of the commuting area seeking reassignment or change to lower grade via this vacancy announcement, you must currently hold the GS-12 (or higher) and the promotion potential of your current position must be at least None.

The grade may have been in any occupation, but must have been held in the Federal service. An SF-50 that shows your time-in-grade eligibility must be submitted with your application materials.

These requirements also apply to former Federal employees applying for reinstatement and those applying for a Veterans Employment Opportunities Act of 1998 (VEOA) appointment.

MINIMUM QUALIFICATION REQUIREMENT: You may qualify based on your experience as described below: GS-12 Grade Level: Specialized Experience: Applicants must have one year of specialized experience equivalent to at least the next lower grade (GS-11) in the normal line of progression for this position.

Specialized experience is defined as experience that has equipped the applicant with the particular knowledge, skills, and abilities to perform successfully the duties of the position, and that is typically in or related to the work of the position to be filled.

Specialized experience is characterized by a thorough knowledge and demonstrated expertise of underwriting practices required in the VA's guaranteed home loan program and Native American Direct Loan (NADL) program.

Expertise would display advanced understanding of mortgage underwriting, loan servicing, and construction lending as outlined in the VA Lender's Handbook VA Pamphlet 26-7, Native American Direct Loan Manual M26-13, Loan Management and Service Policies, Procedures, and Methods, Loan Guaranty Operations for Regional Offices M26-3 and 38 CFR 36.4340.

Education: There is no education substitution at the GS-12.

Volunteer Experience: 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; religions; spiritual; community; student; social).

Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment.

You will receive credit for all qualifying experience, including volunteer experience. Full vs. Part-Time Employment: Full-time employment is considered to be at least 35 hours per week.

Part-time experience will be credited on a pro-rated basis; when including part-time employment in your resume you must specify the average hours worked per week.

Physical Requirements: The work performed is usually sedentary, but does involve walking, bending, lifting and carrying of objects and the operation of a motor vehicle.

For more information on these qualification standards, please visit the United States Office of Personnel Management's website at http://:www.opm.gov/policy-data-oversight/classification-qualifications/general-schedule-qualification-standards/.

Major Duties:

Specific duties include: Completes determination based on supporting documentation on Veteran's eligibility for the VA Home Loan Program and issuance of the Certificates of Eligibility (COE).

Creates, reviews, and utilizes legal documents, such as the note, mortgage, Loan Estimate, Closing Disclosure, Satisfactions of Mortgages, etc.

Documents are created without the assistance of a document generator. Underwrites highly complex loan applications and qualifies borrowers for loans.

Performs income analysis and calculates loan to value ratios and residual income figures in order to determine loan approvability.

Analyzes credit by reviewing credit reports, the Uniform Residential Loan Application (URLA), and personal interviews to determine a borrower's willingness to repay a loan.

Provides financial planning and management guidance to borrowers; conducts interviews with loan applicants to ascertain eligibility for the more complicated home loan applications; and develops and analyzes factual information pertinent to satisfaction of credit and income standards Responsible for servicing of NADL loans.

Reviews existing loans on an ongoing basis to ensure that customer payments are applied properly and maintains awareness of delinquency rates.

The NADL Coordinator represents the VA Home Loan Program for all assigned projects and for outreach events as requested by management Serves as the primary point of contact for Veterans, contractors, local agencies, Congressional interests and agency leadership related to the LGY and NADL Responsible for coordinating with the Veteran, contractor, and other stakeholders throughout the home loan process to ensure all parties are informed of project progress and problems or issues, and their resolution, and disbursement of project funds.

Promotion Potential: None Work Schedule: Full time, Monday through Friday,6:00 a.m. - 6:00 p.m Compressed/Flexible: Available Telework: Available Virtual: This is not a virtual position.

Position Description/PD#: Loan Specialist; PD# 39407-A Relocation/Recruitment Incentives: Not Authorized Financial Disclosure Report: Not Required