What are the responsibilities and job description for the INTERNAL Loan Processor I/II position at Alabama Ag Credit?
Company Profile:
Alabama Ag Credit is a financial institution that provides financing for agriculture, agribusiness and rural real estate purchases and improvements. The institution is headquartered in Montgomery, Alabama, with nine offices that service the lower 40 counties of Alabama. With over $1.5 billion in assets, the institution is a cooperative and part of the nationwide Farm Credit System.
Education and Experience Requirements:
High school diploma required. Applicants will have a minimum of two (2) years’ experience with a good understanding of accounting principles, an understanding of the fundamentals of loan processing procedures, knowledge of loan documentation and title/trust requirements, excellent oral and written communication, and computer literacy. Applicants must be detail-oriented. Knowledge of title insurance is preferred.
Essential Functions:
Responsible for preparing loan closing packets, to include insurance forms, loan forms, and flood certificates. Researches borrower and collateral history including tax liens. Assists the Relationship Manager with coordinating the date/time/place of closing. Keeps the Relationship Manager abreast of loan closing preparation process and closing progress. Reviews post-closing documents to include title policies, deeds of trust and assignments.
At the discretion of Alabama Ag Credit, position may be offered at alternate titles and other business experience may be considered relevant.
AA/EOE/M/F/D/V