LOAN OFFICER

Loan Officer Position***This recruitment may close without further notice depending on the number of applications received. Applicants are encouraged to apply as soon as possible***The Department of Business & Industry is recruiting to fill a Loan Officer position within the Housing Division in Las Vegas. The incumbent will support Single Family Housing programs through a variety of community outreach and engagement efforts. The incumbent will provide exceptional communication, education, and operational support for lenders, real estate professionals, homebuyers, and internal team members within the Homeownership Program (HIP). This includes delivering accurate program information, promptly responding to inquiries, updating and managing training materials, supporting public outreach, ensuring compliance with guidelines, and fostering strong professional relationships. The role also contributes to team collaboration, continuous program improvement, and the expansion of homeownership opportunities across Nevada's diverse communities.Essential QualificationsGraduation from high school or equivalent education and three years of technical mortgage lending, mortgage loan processing or related institutional financial experience including Federal Housing Administration (FHA)/Department of Veterans Affairs (VA) mortgage lending; OR an equivalent combination of education and experience as described above.Job DutiesNotify lender of deficiencies related to loan preapprovals, assumptions and purchases; monitor and follow up on deficiencies until resolved. Monitor servicer's handling of delinquencies, releases from Stays of Bankruptcy, post-petition payments and formal forbearance plans; compare reports submitted by lenders to reports generated by the division to ensure consistency and identify problems; compile reports of number and percent of delinquencies according to program in order to provide statistical information to the Deputy Administrator or Loan Administration Officer. Prepare legal documents for the Deputy Administrator or Loan Administration Officer's authorization, in order to commence the foreclosure process; monitor foreclosure proceedings to ensure compliance with federal regulations, State laws and program requirements. Receive and process claims, payment advises, penalties and reimbursement checks resulting from foreclosure of a mortgage. Provide information in response to verbal and written inquiries from lending institutions regarding underwriting and loan servicing. Perform related duties as assigned.Knowledge, Skills, and AbilitiesWorking knowledge of real estate and mortgage lending transactions applicable to mortgage loan application analysis. General knowledge of laws, regulations and statutes applicable to underwriting requirements of the single and multi-family loan programs; FHA+, Fannie Mae, Freddie Mac, and private mortgage insurance requirements related to Housing Division programs. Ability to make oral presentations; analyze information, problems, and situations; speak with persons of various social, cultural, economic and educational backgrounds; compute ratios, rates and percentages to calculate income ratios, determine liquid assets and calculate gains and losses of interest; establish and maintain cooperative working relationships and rapport with participating and servicing lending institutions, real estate salespersons and the general publicThe State of Nevada is an equal opportunity employer dedicated to building diverse, inclusive, and innovative work environments with employees who reflect our communities and enthusiastically serve them. All applicants are considered without regard to race, color, national origin, religion or belief, age, disability, sex, sexual orientation, gender identity or expression, pregnancy, domestic partnership, genetic information (GINA), or compensation and/or wages.Please send direct Inquiries or correspondence to the recruiter listed on this announcement.BenefitsBenefits include:Health Insurance: Medical, dental, life, and disability insurance programs for employees and their dependents/family are offered through the Public Employees' Benefits Program (PEBP).Vacation: Accrual of three weeks of annual leave each year.Sick Leave: Accrual of three weeks of sick leave each year.Holidays: 12 paid holidays per year.Retirement: Participation in the Nevada Public Employees Retirement System (PERS). Employees do not contribute to Social Security but will contribute to PERS if their position is at 50% or more full-time equivalency. For more information on how PERS service may impact Social Security benefits, visit the SSA publication.Deferred Compensation: The State offers a voluntary Deferred Compensation Program.No Nevada state income tax.Public Service Loan Forgiveness: Eligible due to public sector employment.Longevity Payments Eligibility: Employees who have received a performance rating of "standard" or better and have completed eight (8) or more years of continuous service are eligible for longevity pay.Additional benefits may apply to employees covered under a Collective Bargaining Agreement (CBA), depending on their designated bargaining unit. For more information, visit the Labor Relations Unit (LRU).For more details about your rights and responsibilities as a State of Nevada employee, please review the State of Nevada Employee Handbook.*** State Holidays The holiday schedule for State employees is established by the Legislature.The following are legal holidays:January 1............................................. New Year's DayThird Monday in January.................. Martin Luther King, Jr.'s BirthdayThird Monday in February................ Washington's BirthdayLast Monday in May........................... Memorial DayJune 19................................................ Juneteenth DayJuly 4.................................................... Independence DayFirst Monday in September.............. Labor DayLast Friday in October..................... Nevada DayNovember 11...................................... Veterans' DayFourth Thursday in November........ Thanksgiving DayFriday following the Fourth Thursday in November...................... Family DayDecember 25...................................... Christmas DayWhen January 1, June 19, July 4, November 11, or December 25 falls on a Saturday, the preceding Friday is the observed legal holiday. If these days fall on Sunday, the following Monday is the observed holiday. Eligibility for holiday pay is covered by the provisions of NAC 284.255