Loan Closing Coordinator II

Legacyar; Bentonville, Northern (AR, KY); Hybrid; USD 42,000 - 56,000; Full time

Job summary

Legacyar is seeking a Loan Administration Specialist II to coordinate and prepare various loan requests and closings. You will collaborate with loan analysts and loan officers to ensure timely closings and accurate documentation.

The role requires a high school diploma or GED, 5 years banking/loan experience, and strong computer, written and verbal communication skills. Preference for knowledge of loan products and regulatory disclosures.

Qualifications

• A high school diploma or GED equivalent.
• 5 years banking/loan experience.
• Strong computer skills.
• Excellent written and verbal communication skills.
• Knowledge of Farmer Mac, FSA, SBA loan products.
• Knowledge of TILA RESPA Integrated Disclosure rule.
• Knowledge of loan terminology and closing processes.
• Knowledge of general banking principles and regulatory lending laws.

Responsibilities

• Coordinate and prepare loan closings for commercial, agricultural, consumer and TILA/RESPA credit.
• Prepare and coordinate the loan closing process.
• Comply with bank policies and procedures regarding areas of assignment.
• Coordinate and prepare loan closings for the bank’s loan types.
• Use bank software systems to request documents and upload loan files.
• Prepare funding documentation as needed.
• Review imaging for documentation deficiencies for renewals/modifications.
• Draft professional responses to internal and external emails within established timelines.

Skills

Strong computer skills

Excellent written and verbal comms

Education

High school diploma or GED

5 years banking/loan experience

Job description

Legacyar is seeking a Loan Administration Specialist II to coordinate and prepare various loan requests and closings. You will collaborate with loan analysts and loan officers to ensure timely closings and accurate documentation.

The role requires a high school diploma or GED, 5 years banking/loan experience, and strong computer, written and verbal communication skills. Preference for knowledge of loan products and regulatory disclosures.