Loan Processor I
Organizational Information
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
Collateral Documentation
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
Uniform Commercial Code (UCC) Financing Statements
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