Loan Processor I

Farm Credit of Southern Colorado; Colorado Springs (CO); On-site; USD 45,000 - 50,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401k

Paid vacation

Paid sick leave

Parental leave

Job summary

Farm Credit of Southern Colorado is seeking a detail-oriented professional to support loan administration and document management. You will review appraisals, prepare loan and collateral perfection documents, and communicate updates to loan officers.

The role requires strong organization, multi-tasking, and familiarity with loan terms. The organization emphasizes a collaborative culture with benefits including health insurance, 401k, paid time off, and parental leave.

Qualifications

• Associate’s degree in business administration, finance or agricultural related field.
• Notary Eligible
• General knowledge of legal, loan and real estate terms and definitions.
• General knowledge of agricultural terms and verbiage.
• General knowledge of financial terms and verbiage.
• Ability to learn and apply standard processes and procedures.
• Ability to multi-task and prioritize workload.

Responsibilities

• Process assigned new loans and servicing actions.
• Generate accurate loan and collateral perfection documents.
• Prepare emails to summarize changes and questions to loan officer.
• Determine documentation required to perfect loan terms and collateral.
• Record releases of liens and servicing actions as needed.
• Coordinate with Operations on release of vehicle liens and stock assignments.
• Review and update electronic loan systems.
• Prepare and send letters enclosing retired loan documents.

Skills

Attention to detail

Multi-tasking

Oral and written communication

Education

Associate’s degree in business/finance/agriculture

Tools

Microsoft Office

Job description

At Farm Credit of Southern Colorado, we believe in creating a culture where teammates enjoy coming to work and feel included. We live this every day by enacting our FIRST principles, Fun, Integrity, Respect, Service, and Trust. Our commitment to our employees has earned Farm Credit of Southern Colorado recognition by the Colorado Springs Gazette a Best Place to Work for the past 4 years.

As one of the Farm Credit System’s associations, Farm Credit of Southern Colorado is a robust organization serving its member/owners in 31 counties throughout Southern Colorado. With over $1.6 billion in assets, Farm Credit of Southern Colorado’s approximately 120 staff members bring strength to its shareholders and communities. Farm Credit of Southern Colorado is a member-owned cooperative that provides a wide range of financial products and risk management services for agricultural producers, agribusinesses, land owners and rural homeowners.

Today, the Farm Credit System is one of the strongest, most financially sound lending institutions in the U.S. Its 59 institutions serve our country’s farmers and ranchers, rural America, and agribusiness.

Responsibilities:

Loan Administration

Processes assigned new loans and servicing actions by:

Reviewing appraisals, title commitments, terms, conditions, pledged collateral, stock status, and borrower entity authority to incorporate into loan documents

Generating accurate loan and collateral perfection documents by administering protocol and adhering to policies and procedures

Preparing emailsto summarize changes and questionsto loan officer

Determining the documentation required to perfect loan terms, conditions and pledged collateral based on standard procedures

E-recording partial releases from servicing actions

Runs a weekly report to Collateral Custodian for all paid off loans

Processes paid off loans by unwinding perfected collateral, including preparing and recording releases of Deeds of Trust/Mortgages, terminating Uniform Commercial Code Financing Statements, cancelling Lereta property tax tracking, and notification to State Land Board

Coordinates with Operations Specialist on release of vehicle liens, ticklers, insurance and water stock assignments

Determines whether UCC’s are perfected and , terminates as necessary

NotifiesOperations Specialist on all new, continuations, amendments, and terminations

Electronic Loan Files

Reviews and updates the Lereta Tax Filing Website

Reviews and updates Simplifile for Releases of Deeds of Trust and Partial Releases

Loan Documents

Prepares letters to borrower(s) enclosing retired loan documents

Letter is OnBased with first page of each retired loan document

Departmental Tasks

Prepares and updates Loan Processing Department’s training library materials

Minimum Qualifying Characteristics:

Associate’s degree in business administration, finance or agricultural related field.

Notary Eligible

General knowledge of legal, loan and real estate terms, definitions and verbiage

General knowledge of agricultural terms, definitions and verbiage

General knowledge of financial terms, definitions and verbiage

Skill in learning and applying standard processes and procedures

Skill in processing complex, detailed forms and documents in an accurate and thorough manner

Skill in utilizing Word/Excel/PowerPoint/Outlook to increase efficiency and effectiveness

Aptitude for learning and effectively using a variety of software applications and computer technology

Skill in organizing documents and data

Skill in oral and written communication, sufficient to exchange information effectively with peers, supervisor and borrowers

Skill in adapting to change and meeting short deadlines

Ability to multi-task and prioritize workload

Farm Credit of Southern Colorado is an Equal Opportunity Employer dedicated to diversity in the workplace and offers a great work environment. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, disability, or protected veteran status.

The following information is disclosed in compliance with the Colorado Equal Pay for Equal Work Act. Similar positions applied for outside of Colorado will not necessarily receive the same compensation.

Salary Range: $45,000 - $50,000

This range is a good-faith and reasonable estimate of the range of possible compensation at the time of this posting. Actual salaries could vary and may be above or below the range as permitted by Colorado Equal Pay Transparency Rule 4.1.2. Variation is based on various factors including but not limited to location, qualifications, experience, operational needs and other considerations permitted by law. In compliance with the Colorado Equal Pay for Equal Work Act, a potential new employee’s salary history will not be used in compensation decisions. In addition, benefits for this position include medical, dental, vision and life insurance, 401k, tax advantage accounts, paid vacation, sick leave and parental leave.

FINAL DATE FOR APPLICATION: April 27th, 2026