Underwriting Specialist CA Housing Finance Agency

JC-531618

- Underwriting Specialist

HOUSING FINANCE SPECIALIST

(RENTAL) $6,623.00 - $8,290.00 per Month

New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

Final Filing Date:

Until Filled Application Methods:

Electronic (Using your CalCareer Account) Job Description and Duties Under direction of the Housing Finance Officer (Rental), the Housing Finance Specialist (Rental) is responsible for assisting in Multifamily Loan Production and independently performs technical and analytical work necessary to facilitate a larger number of loan closings on multifamily rental projects.

Cutoff dates for application review:

9/30/2026 To be considered for this position, candidates must meet the minimum qualifications listed below and take the Housing Finance Specialist (Rental) examination (EX-4329) Minimum Qualifications

(Requirements for admittance into the exam) Either I

One year of experience in the mortgage operations of the California Housing Finance Agency at a level of responsibility equivalent to that of a Housing Finance Associate. Or II

Experience:

Three years of experience performing technical work in the field of mortgage underwriting which must have included underwriting for multiunit projects (at least 100 units.) (A Master's Degree in Planning, Economics, Business, Government, Finance or a related field may be substituted for one year of the required experience) and

Education:

Equivalent to graduation from college, preferably in planning, economics, business, government, finance or a related field (Additional qualifying experience may be substituted for the required education on the basis of one year of experience equals two years of college.) You will find additional information about the job in the . Working Conditions Hybrid telework schedules are available. The amount of telework is at CalHFA's discretion and is based on operational needs.

IN-PERSON ATTENDANCE WILL BE REQUIRED WEEKLY.

Our office is in 500 Capitol Mall, a high-rise building conveniently located in downtown Sacramento with access to public transportation (light rail and bus) and freeways (I-5, 99, and Business 80). It is one block from Downtown Commons (DOCO), the Golden 1 Center, and many restaurants. Employees also have free access to the gym located in the building. Candidates who are new to state service will be placed at the minumum of the salary range.

Visa Sponsorship:

Applicants must be authorized to work for ANY employers in the U.S. CalHFA is unable to sponsor or take over sponsorship of an employment visa. CalHFA does not participate in the Science, Technology, Engineering, and Math Optional Practical Trianing extension program (STEM OPT). Please let us know how you learned about this career opportunity by taking a brief survey. Minimum Requirements

You will find the Minimum Requirements in the Class Specification.

HOUSING FINANCE SPECIALIST

(RENTAL) Additional Documents

Job Application Package Checklist Position Details

Job Code #:

JC-531618

Position #(s): 693-945-5141-XXX

Working Title:

Underwriting Specialist

Classification:

HOUSING FINANCE SPECIALIST

(RENTAL)

$6,623.00 - $8,290.00

New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable. # of

Positions:

1

Work Location:

Sacramento County

Telework:

Hybrid

Job Type:

Permanent, Full Time

Work Week:

Monday - Friday Department Information

CALIFORNIA HOUSING FINANCE AGENCY

CalHFA has held its certification as a Great Place To Work® since 2021. Join us in helping more Californians to have a place to call home.

MULTIFAMILY DIVISION

Multifamily Programs Division provides loans that facilitate the development, rehabilitation, and preservation of affordable housing projects by partnering with localities as well as for-profit and nonprofit developers.

OUR VISION

Every Californian can build a thriving life in a stable home.

OUR MISSION

Deliver reliable financing solutions to advance housing opportunities for Californians. Established in 1975, CalHFA was chartered as the state's affordable housing lender. Our Agency's Multifamily Division finances the development of affordable rental and our Single Family Division provides down payment assistance to low and moderate income first-time homebuyers. CalHFA is a completely self-supporting state agency that does not rely on taxpayer dollars for its operation costs, but regularly administers various state and federal resources on behalf of the state. At CalHFA, we embrace a culture that is diverse, equitable, and inclusive for everyone by building an organization that is as diverse as the communities we serve. CalHFA believes that diversity provides a competitive advantage, strengthens our innovative capacity, and enhances our ability to succeed and grow.

Department Website:

https://www.calhfa.ca.gov

Special Requirements The Employment History section of the STD 678 Employment Application must be complete and include accurate dates, hours per week, total time worked, duties performed, and supervisor names and phone numbers. Applicants who fail to submit a thoroughly completed STD 678 will be disqualified.

Resumes or other documents do not substitute the STD 678.

Only the most qualified applicants will be invited to an interview. Use these links to review the State Application Checklist and Supplemental Application checklist to help you understand how to complete a strong state application and address some frequently asked questions. In order to be considered for this job, you must satisfy one of the following requirements:

BE LIST ELIGIBLE

Successfully complete the State civil service exam for the Housing Finance Specialist (Rental) classification

OR BE TRANSFER ELIGIBLE

Have current employment with the State of California in the same classification or in a classification that is comparable (employees who wish to be considered based on transfer eligibility must meet the minimum qualifications of the classification per DPA Rule 250)

OR BE REINSTATEMENT ELIGIBLE

Have obtained previous permanent employment with the State of California in the same classification or in a classification that is comparable. Application Instructions Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.

Final Filing Date:

Until Filled