Agricultural Loan Processor & Closings Specialist

Oklahoma AgCredit; Edmond (OK); On-site; USD 42,000 - 56,000; Full time

Job summary

Oklahoma AgCredit is seeking a Loan Processing Specialist to prepare accurate loan documents, coordinate closing activities, and disburse loan funds after closing. The role involves collecting information, inputting data into origination software, and packaging loan files for printing.

Key duties include ensuring completeness of documents, coordinating with lenders and title offices, and backing up team members as needed to support a smooth loan process.

Qualifications

• Associate’s degree in AgBusiness or similar field required or equivalent experience.
• Bachelor’s degree preferred.
• 2 years of related experience in banking, financial services, legal and title work, or an equivalent combination of education and experience.

Responsibilities

• Gather information from internal and external sources for loan documents.
• Input information in the loan origination software and edit documents to set up signature lines, dates, and disbursement amounts.
• Package new loans, perform interest rate conversions, additional advances, and renewals of Lines of Credit documents for printing.
• Identify missing items and coordinate with Loan Officers and Loan Servicing Specialists to ensure documents are complete before closing.
• Coordinate loan closing information with Lending Officers, Title Companies, Abstract Offices, and Closing Agents; request corrections on external documents as needed.
• Create a timeline for loan completion with Lending Officer; request wires and/or checks from Accounting.
• Book loans in the loan origination system and disburse funds in Teller upon approval.
• Back up team members when they are absent and assist customers as time allows.

Skills

Agricultural lending knowledge

Office software proficiency

Documentation and data gathering

Time management

Communication skills

Education

Associate’s degree in AgBusiness or similar field

Bachelor’s degree preferred

Tools

Loan origination software

Job description

Oklahoma AgCredit is seeking a Loan Processing Specialist to prepare accurate loan documents, coordinate closing activities, and disburse loan funds after closing. The role involves collecting information, inputting data into origination software, and packaging loan files for printing.

Key duties include ensuring completeness of documents, coordinating with lenders and title offices, and backing up team members as needed to support a smooth loan process.