Loan Processor

Small Business Administration

Fort Worth, TXFull-time$55–71K/yrPosted 1w ago

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At a glance

Compensation
$55–71K/yr
Location
Fort Worth, TX
Schedule
Full-time
Work Authorization
Not specified

Requirements

Credentials this posting asks for.

Valid Driver's License

Job overview

Small Business Administration is hiring a Loan Processor. The Loan Processor position at the Small Business Administration Processing and Disbursement Center in Fort Worth, Texas provides disaster loan assistance to customers nationwide, reviewing and analyzing loan applications, reconsiderations, and modifications, evaluating financial and credit information, preparing recommendations, and maintaining case files, with potential travel to disaster sites and variable work status based on workload.

Key focus areas include Review and analyze disaster loan applications, reconsiderations, and modifications for eligibility and compliance., Evaluate applicant financial and credit information to determine repayment ability and recommend loan terms., and Verify information by contacting applicants, financial institutions, insurance carriers, and other third parties..

Important skills include Evaluating Credit Histories, Analyzing Financial Statements, Processing Loan Applications, Using Web‑Based Financial/Lending Software, Reviewing Eligibility and Compliance, and Verifying Information with Third Parties.

Skills & qualifications

RequiredNice to have

Skills

Evaluating Credit HistoriesAnalyzing Financial StatementsProcessing Loan ApplicationsUsing Web‑Based Financial/Lending SoftwareReviewing Eligibility and ComplianceVerifying Information With Third PartiesPreparing Loan Recommendations and CorrespondenceMaintaining Complete Loan Case Files

Qualifications

One Year Specialized Experience (GS‑07 Equivalent)Experience Evaluating Credit WorthinessExperience Analyzing Federal Tax ReturnsExperience Processing Disaster Loan ApplicationsValid Driver's LicenseAbility to Travel to Disaster SitesWillingness to Work Mandatory OvertimeNo Education Substitution Required

Full job description

This position is located in the Small Business Administration, Processing and Disbursement Center - PDC in Fort Worth, TX. The incumbent performs a variety of duties associated with providing disaster loan assistance to customers from across the United States, and in U.S. Territories and Commonwealths. The incumbent processes disaster loan, reconsideration and modification requests, and limited business applications. GS-07: One year of specialized experience, equivalent to the GS-06 grade level in the Federal service, obtained in either the private or public sector: Making recommendations to approve or decline home loans, home reconsiderations, home modifications, and sole proprietorship businesses and Evaluating credit histories to determine credit worthiness of individuals, and Analyzing financial statements such as federal tax returns, to determine repayment ability for loan applicants, and Processing loan applications and reconsiderations using web-based financial/lending software to underwrite loans. These qualifications must be clearly referenced in your resume. Additional information on the qualification requirements is outlined in the OPM Qualifications Standards Handbook of General Schedule Positions. It is available for your review on OPM's Qualifications web site: 1101 Qual Standards 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. Generally, time in Non-Pay status as a federal employee is not creditable towards the specialized experience requirement listed above. All qualification requirements must be met by 11:59 pm (Eastern Time) on 08/26/2026. As a/an Loan Processor at theGS- 1101-7, some of your typical work assignments may include: Reviews and analyzes disaster loan applications, reconsiderations, and loan modifications for eligibility and compliance. Evaluates applicant financial and credit information to determine repayment ability and recommend loan terms. Verifies information by contacting applicants, financial institutions, insurance carriers, and other third parties. Prepares loan recommendations, correspondence, and supporting documentation for approval, denial, or reconsideration actions. Maintains complete loan case files and documents analyses, decisions, and applicant communications in agency systems. IMPORTANT NOTES: TRAVEL STATEMENT- You may be required to travel to a disaster site during increased disaster activity for extended periods with little or no advanced notice. If so, you may encounter hazardous working and/or living conditions; i.e., no water or electricity and/or minimal lodging facilities. Travel expenses are compensated based on SBA policy and Federal regulations. This position works on an as needed basis. This means that employees are in a pay and duty status only when activated to respond to workload needs, especially in response to heightened disaster activity. When no longer needed, employees return to a non-pay status until the next event necessitates additional staff. However, depending on the workload and/or level of disaster activity, your work schedule may be changed to full-time. Subsequently, if the workload decreases, you may be placed in a NonPay Status. Mandatory Overtime: In order to respond quickly and efficiently to disaster survivors, substantial compensated overtime hours may be required while on assignment (up to seven days a week and twelve to fourteen hours a day). A valid driver's license may be required. Education There is no education substitution for this grade level.

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