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Retail Closing Specialist
Retail Closing SpecialistFarm Credit Services of America • Grand Island, NE, US
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Retail Closing Specialist

Retail Closing Specialist

Farm Credit Services of America • Grand Island, NE, US
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Retail Closing Specialist

Location : Omaha, NE, US, 68137-2210 Norfolk, NE, US, 68701 Imperial, NE, US, 69033 Grand Island, NE, US, 68803 Emporia, KS, US, 66801-7350 Columbus, NE, US, 68601 Baldwin City, KS, US, 66006-0858 Kearney, NE, US, 68847 Lincoln, NE, US, 68521 McCook, NE, US, 69001-2141 Parsons, KS, US, 67357-8110 ONeill, NE, US, 68763 Manhattan, KS, US, 66503-0368 Broken Bow, NE, US, 68822 Hiawatha, KS, US, 66434-0297 Beatrice, NE, US, 68310 Alliance, NE, US, 69301 Scottsbluff, NE, US, 69361 North Platte, NE, US, 69101 Marysville, KS, US, 66508-0349

Job Summary : Seeking a Closing Specialist who will be responsible for preparation of non-consumer loan documents, from the point of loan approval through loan finalizing, to include monitoring of appraisal and closing conditions. You will be asked to maintain an understanding of and ensure compliance with all regulations and procedures associated with loan closing. This position has a high degree of accountability to ensure the repayment and collectability of the company's assets through the correct development and implementation of promissory notes, mortgages, and other lending documents. Once the loan is underwritten, you will be responsible for all aspects of loan closing preparation and completing post-closing activities.

Essential Duties & Responsibilities

Pre-Closing Activities

  • Ensure accuracy of loan pricing and fees and document any exception approvals, prepare rate lock agreement and monitor closing deadlines. Complete loan verification requirements related to loan documents, review entity and trust documentation, and ensure compliance with applicable regulations. Verify the appraisal report, collateral, and enter appraisal into the collateral tracking system. Partner with respective parties to ensure loan conditions are satisfied, initiate title work, and resolve any issues.

Post-Closing Activities

  • Approve loan disbursements and book loans. Responsible for perfecting lien position, including recording and filing documents timely, following up on UCC terminations or other lien releases, obtaining vehicle titles, and ensuring first lien position with final title policy or final title opinion. Finalize all FLCA loans secured by real estate and obtain assignment of indemnity for various insurances. Maintain accuracy of the collateral tracking system and coordinate with teammates to enhance the customer experience.
  • Education Requirements

  • 2 Year / Associate's Degree or equivalent work experience preferred in Business or Finance related majors
  • Years of Experience

  • Minimum of two years related experience.
  • About Us : AgCountry has 45 offices, is based in Fargo, North Dakota and serves portions of North Dakota, Minnesota, and Wisconsin, FCSAmerica is based in Omaha, NE and has 42 local offices serving rural communities and agriculture in Iowa, Nebraska, South Dakota, and Wyoming. Frontier Farm Credit has six offices serving eastern Kansas. Together, we support nearly 82,000 producers and agribusinesses, meeting the needs of today's agricultural industry with our combined 2600+ employees providing lending, risk management, technology, commodity marketing, and customer and employee education.

    AgCountry Farm Credit Services, ACA, Farm Credit Services of America, ACA, and Frontier Farm Credit, ACA are Equal Employment Opportunity employers, and they comply with all applicable federal, state, and local fair employment practices laws.

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    Closing Specialist • Grand Island, NE, US

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