Loan Specialist 1-Post Closing Processing Specialist

State of Oregon; Salem (OR); Hybrid; USD 50,000 - 77,000; Full time

Job summary

The Oregon Department of Veterans’ Affairs (ODVA) offers a full-time Loan Specialist 1 (Post‑Closing Processing Specialist) role based in Salem, OR, with a hybrid work schedule. The salary range listed is $4,519 to $6,904 per month.

This position handles post-closing activities and coordinates lender loans from reservation through purchase. ODVA emphasizes diversity and veteran-focused services, with benefits including health plans, paid leave, holidays, and potential PSLF loan forgiveness.

Qualifications

• Three years’ experience in 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.
• Three years’ experience in 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.
• Three years’ experience in economic or community development.

Responsibilities

• This position manages the post‑closing phase of all ORVET home loans and coordinates approved‑lender loans from reservation through purchase.
• It ensures each loan is accurately boarded, all collateral documents are complete and in ODVA’s custody, borrowers are welcomed into servicing, and a fully indexed loan file reaches quality control and permanent records.

Skills

Loan processing

Credit evaluation

Real estate financing

Education

Bachelor's degree substitute

Associate degree substitute

Job description

Initial Posting Date: 10/27/2026

Application Deadline: 11/03/2026

Agency: Department of Veterans Affairs

Salary Range: $4,519 - $6,904

Position Type: Employee

Position Title: Loan Specialist 1-Post Closing Processing Specialist

Job Description

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 1 (Post-Closing Processing Specialist) located at ODVA Headquarters in Salem, Oregon in a hybrid (work from home/in-office work schedule).

About Us

• 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.

What you will do

This position manages the post‑closing phase of all ORVET home loans and coordinates approved‑lender loans from reservation through purchase. It ensures each loan is accurately boarded, all collateral documents are complete and in ODVA’s custody, borrowers are welcomed into servicing, and a fully indexed loan file reaches quality control and permanent records.

What’s in it for you

The opportunity to work with and learn from a great team that has a passion for serving veterans in a productive and creative environment where no two days are ever the same! We offer a competitive benefits package that offers comprehensive medical, dental, and vision plans for the employee and their qualified family members, as well as paid sick leave, vacation leave, personal leave, and 11 paid holidays a year. In addition, we offer membership in the Public Employees Retirement System (PERS), and you have the opportunity to potentially receive loan forgiveness under the Public Service Loan Forgiveness Program (PSLF).

What are we looking for?

Loan Specialist 1 Minimum Qualifications

• Three 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;
• Three years’ experience in either 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;
• Three years’ experience in either economic or community development.
• A bachelor’s degree in business administration, Economic, Finance, Accounting, or related field may substitute for the experience.
• An associate’s degree in real estate, Finance, Business Administration or a related field may substitute for 18 months of the experience.

Additional Requirements

This position requires 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.

Working Conditions

ODVA believes in a diverse and inclusive work environment. All employees are expected to contribute to a work environment that collectively values and benefits from respecting its diversity and promoting a culture of inclusiveness.

This position will be based out of ODVA’s Salem Office; however, the successful candidate will be eligible for hybrid (work from home/in office) work schedule. The logistics of hybrid work will need to be worked out with the Hiring Manager prior to your hire and may be changed at any time given specific job duties and business needs. Remote work is evaluated periodically to ensure business needs are being met and can be adjusted at any time.

ODVA will provide necessary hardware (laptop, monitor, keyboard, mouse, and cell phone) for an employee to successfully work from home. This position will require travel to the ODVA Salem office and sites around the state on a periodic and on an as-needed basis. At ODVA, you will have access to a workspace, however, it may be shared with other employees.

Pay Equity

As an employer, the State of Oregon complies with HB 2005, the Pay Equity Bill. We do not discriminate based on protected class in the payment of wages, and we do not screen applicants on the basis of their current or past compensation. Please visit http://www.oregon.gov/das/hr/pages/equity.aspx for more information. Please note: the salary listed is the non-PERS qualifying salary range. If the successful candidate is PERS qualifying, the salary range will reflect an additional 6.95% (6% goes to PERS and .95% covers payroll taxes). Please review the Classification and Compensation page for more details.

Work Authorization

ODVA does not offer visa sponsorships. On the first day of employment, all hires will be required to complete the US Department of Homeland Security’s Form I-9, confirming authorization to work in the United States. In addition, hires will have three business days from their first day of employment to present documents that establish employment authorization and identity.

Questions/Need Help?

The Oregon Department of Veterans’ Affairs is an equal opportunity/affirmative action employer and is strongly committed to enhancing the diversity of its workforce. Assistance will be provided in the recruitment, application and selection process for applicants with disabilities who request assistance.

If you have questions about the recruitment or need assistance to participate in the application process, please contact Elissa Johnson, Human Resources Analyst, at [e-mail] or [phone]. TTY users: please use the Oregon Telecommunications Relay Service at 1-800-735-2900.

Additional Information Learn more about ODVA

Understanding the State Application Process

Online Employment Application Guide (Download PDF reader) Help & Support webpage

Learn more about Oregon