Loan Technician

Department Of Agriculture Russellville , AR 72811

Posted 3 months ago

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  • Duties

HelpDuties Summary

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This position is located in an Area Office, USDA, Rural Development (RD). This position serves as a trainee assisting higher graded technicians in performing a variety of technical and clerical support functions involving mortgage loans, grants and loan guarantee programs.

  • Reviews loan/grant documents, forms, and materials for adequacy, completeness, accuracy, and conformance with program eligibility requirements.

  • Explains programs to customers and responds to technician inquiries from internal or external customers.

  • Uses multiple electronic data systems to input, track, and update information on applicants and recipients.

  • Research payment information, assists borrowers with payment issues, and reconciles borrower accounts.

  • Prepares and reviews closing related documents to ensure adequacy, completeness, and accuracy of information.

  • Performs routine clerical functions such as phone coverage, mail, monitoring supplies, and timekeeping duties.

Travel Required

Occasional travel - 1-5 days

Supervisory status


Promotion Potential

  • Job family (Series)
    1101 General Business And Industry

  • Requirements

HelpRequirements Conditions of Employment

  • US Citizenship is required

  • To be eligible for appointment to this position, the new hire must be cleared to come on board once the results of the fingerprint check, review of the OF-306, Declaration for Federal Employment, and the candidate's Electronic Questionnaires for Investigations Processing (eQIP) entries have been reviewed and determined to be satisfactory. This position requires a favorable credit check as part of the background investigation.


Applicants must meet all qualifications and eligibility requirements by the closing date of the announcement including the following specialized experience and/or education as identified by grade level.

For the GS-05 grade level: Applicants must possess 1 year of specialized which is equivalent to at least the GS-04 or its non-Federal equivalent that demonstrates: Experience examining loan documents and/or related records to ascertain sufficiency and accuracy; maintaining statistical reports. Such experience may have been gained in occupations such as title clerk, loan/mortgage clerk, real estate clerks/processors, city clerks, business lending clerks, or other similar fields of employment OR 4 years of education above high school. Equivalent combination of education and experience are qualifying for this grade level.

For the GS-06 grade level: Applicants must possess 1 year of specialized experience which is equivalent to at least the GS-05; or its non-Federal equivalent that demonstrates: working with legal instruments and documents, such as mortgages, deeds, titles, liens, promissory notes, and contractual obligations; processing mortgage loan payments, debt collection, or other similar work. There is no substitution of education for experience at the GS-06 level.

Note: To be considered for this position, you must meet all qualifications and eligibility requirements for the GS-1101 series set forth in the Office of Personnel Management (OPM) Qualification Standards by the closing date of announcement. A copy is available at

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; religious; 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.


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Loan Technician

Department Of Agriculture