Loan Processor/Closer (Loan Specialist 2)

State of Oregon • Salem, OR

1d • $5,458 - $8,352 • Hybrid

About The Position

The Oregon Department of Veterans’ Affairs (ODVA) is a State of Oregon agency with a mission to serve and honor veterans through leadership, advocacy and strong partnerships. The Department is entrusted to assist veterans, their dependents, and surviving family members in obtaining their earned Federal, State, and local benefits. At the Oregon Department of Veterans’ Affairs, we value a diverse and culturally competent workforce. We stand by our commitment to being an equal opportunity, affirmative action organization, and recognize and celebrate our unique backgrounds and diverse experiences. We encourage applications from members of historically underrepresented racial/ethnic groups, women, individuals with disabilities, veterans, and LGBTQ+ community members. The strength of our agency lies in the diversity of our workforce and the perspectives our employees bring to their work at ODVA. The Oregon Department of Veterans’ Affairs has (1) full-time opportunity available for a Loan Specialist 2 (Loan Processor/Closer) located at ODVA Headquarters in Salem, Oregon in a hybrid (work from home/in-office work schedule). people working toward a very noble mission, day in and day out. From direct client engagement to operational services that support day-to-day business, our teams work together to deliver on a promise made more than 80 years ago. ODVA works to deliver on an incredibly broad mission in serving a diverse veterans’ community, aligning and partnering around a shared vision and of good stewardship of existing resources. ODVA unites government, private companies, nonprofits, and other veteran services organizations to address issues facing veterans and their families. We are building support around specific issues that affect veterans. And we maintain strong relationships with key partners that allow us to continue to be a leading voice on veteran’s issues. This is ODVA's cadence. Together with our veterans and our partners, we honor the past, build on our strengths, and chart a course worthy of the next 80 years.

Requirements

• Five years’ experience in either: Preparing or analyzing residential, commercial, or public sector loan applications using cash flow, financial statements, historical and annual operation analyses; including collections and foreclosure procedures; or Processing real estate transactions including qualifying, evaluating and extending credit to borrowers, and property inspections; or Marketing, analyzing, servicing, or underwriting residential, commercial, or public sector loans; or Economic or community development.
• A Bachelor's degree in Business Administration, Economic, Finance, Accounting, or related field may substitute for three years of experience.
• An Associate's degree in Real Estate, Finance, Business Administration or a related field may substitute for 18 months of the experience.
• Experience processing and closing residential mortgage loans while ensuring compliance with applicable state and federal lending regulations.
• Skill in reviewing, analyzing, and verifying loan applications, supporting documentation, and borrower eligibility requirements.
• Ability to interpret and apply mortgage lending laws, regulations, policies, and program guidelines to complex loan transactions.
• Experience coordinating with borrowers, lenders, mortgage brokers, title and escrow companies, and other stakeholders to facilitate timely loan closings.
• Strong attention to detail and organizational skills, with the ability to manage multiple loan files, meet deadlines, and maintain accurate records.
• Excellent customer service and communication skills, including the ability to explain loan terms, program requirements, and lending processes to diverse audiences.
• Successful completion of a fingerprint based criminal history background check through the Oregon (LEDS) and National (NCIC) law enforcement data systems.
• A valid Oregon or Washington State driver’s license is required; must also undergo a Motor Vehicle Record (MVR) check, with ongoing monitoring as a condition of continued employment.

Responsibilities

• Independently process, coordinate, and close residential mortgage loans for the ODVA Home Loans Program while ensuring full compliance with state and federal lending regulations.
• Support a high-quality, compliant loan portfolio by working directly with mortgage applicants, lending partners, mortgage brokers, title and escrow companies, and other stakeholders.
• Serve as a key liaison for veteran borrowers and real estate professionals, providing clear guidance on applicable laws, program requirements, and loan terms.
• Verify application accuracy.
• Prepare and issue required disclosures and closing documents.
• Ensure data integrity throughout the loan cycle.
• Purchase completed loans from ODVA lending partners.

Benefits

• Comprehensive medical, dental, and vision plans for the employee and their qualified family members
• Paid sick leave
• Vacation leave
• Personal leave
• 11 paid holidays a year
• Membership in the Public Employees Retirement System (PERS)
• Opportunity to potentially receive loan forgiveness under the Public Service Loan Forgiveness Program (PSLF)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level