Analyst - Loan Closing
Location
United States
Posted
63 days ago
Salary
$58K - $68K / year
Seniority
Mid Level
No structured requirement data.
Job Description
Analyst - Loan Closing
FARMER MAC
Role Description The Analyst - Loan Closing handles coordinating, preparing, and closing agricultural loan transactions in compliance with internal policies and regulatory requirements. This role works closely with agricultural lenders, title companies, and internal servicing and post close teams to ensure correct, prompt, and compliant loan closings that support the unique needs of farm, ranch, and agribusiness customers. Primary Responsibilities and Duties - Prepare and review loan closing documentation for agricultural real estate loans to ensure proper perfection of collateral interests. - Coordinate loan closings with seller banks, title companies, attorneys, and internal departments. - Ensure all loan terms, conditions, and approvals are accurately reflected in closing documents, including insurance, UCC filings, title commitments, and environmental requirements. - Ensure compliance with regulatory requirements and internal policies. - Monitor pipeline to ensure prompt closings and resolve any issues that may delay funding. - Communicate proactively about closing timelines and documentation needs. - Maintain correct physical and electronic records and ensure compliance with company policies and regulatory requirements. - Complete onboarding of new loans in the servicing software to ensure maximum utilization is achieved for billing and reporting. - Send welcome packets to seller banks and borrowers. - Support post-closing processes by ensuring complete and accurate loan packages are delivered for funding, servicing, and support audits and reviews. - Perform other duties as assigned. Qualifications - Working knowledge of agricultural lending products. - Knowledge of land surveys, legal descriptions, and title insurance specific to agricultural properties. - Strong attention to detail and organization skills. - Ability to manage multiple deadlines. - Outstanding knowledge of MS Office. - Strong written and verbal communication skills. - Proficiency with loan systems and documentation tools. Requirements - Bachelor’s degree plus 2 years of commercial or agricultural mortgage closing experience, legal assistant/paralegal experience; or equivalent combination of education and experience. Benefits - The typical starting salary range for this position is between $58,000- $68,000, although wages can vary based on experience and geography, plus performance-based bonus and equity-based awards. - Individual compensation will be commensurate with the candidate's experience.
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