LOAN OFFICER

State of Nevada (NV); Las Vegas (NV); On-site; USD 65,000 - 90,000; Full time

Job summary

The Department of Business & Industry in Las Vegas seeks a Loan Officer in the Housing Division to support Single Family Housing programs through outreach and engagement with lenders, real estate professionals, homebuyers and internal teams.

Responsibilities include delivering program information, updating training materials, ensuring compliance, responding to inquiries, and building strong partnerships to expand homeownership opportunities across Nevada.

Qualifications

• High school diploma or equivalent with 3 years of mortgage lending/processing experience including FHA/VA.
• Ability to monitor delinquencies and foreclosure processes per federal/state requirements.
• Strong communication, education and outreach skills.

Responsibilities

• Support Single Family Housing programs through outreach and engagement.
• Deliver program information and respond to inquiries from lenders, real estate professionals, and homebuyers.
• Update training materials and assist in compliance with guidelines.
• Foster relationships and expand homeownership opportunities across Nevada.
• Monitor delinquencies, foreclosures, and reports for accuracy.
• Prepare legal documents to initiate foreclosure when required.
• Provide information on underwriting and loan servicing to lenders.
• Perform related duties as assigned.

Skills

Real estate

Mortgage lending

Public outreach

Compliance

Education

High school diploma or equivalent

Job description

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.

Graduation 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. Notify 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.

Working 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 public