Loan Administrator November 16, 2020

November 16, 2020, Legacy Ag Credit, Sulphur Springs, TX

Company Profile

Legacy Ag Credit, ACA is a full-service, locally owned cooperative lender specializing in financing rural land and agricultural operations in Northeast Texas. We are headquartered in Sulphur Springs and have five offices conveniently located across the northeastern region of Texas in Sulphur Springs, Canton, Gilmer, Kaufman and Longview. Part of the Farm Credit System, we provide financing for farms, timberland, recreational property, agribusinesses and rural homes.

Education and Experience Requirements

High school graduate plus two (2) to four (4) or more years of experience in land or title examination and/or loan documentation preparation with a working knowledge of consumer compliance regulations.

Job Purpose and Scope

Performs intermediate-level loan administration work. Prepares, verifies, reviews and processes loans, including secondary market loans, and related documents. Conducts loan closings that may be varied and somewhat complex in nature. Works under moderate supervision.

Essential Functions

  • Develops and organizes loan applicant information for review and analysis by loan officers and inputs pertinent loan data into credit delivery system.
  • Assists with the closing of loans by preparing loan closing documents and related materials as directed.
  • Records new loans, establishes relevant files, processes loan payments, maintains a variety of loan records and obtains credit information. Assists in maintaining and monitoring borrowers’ required insurance, UCC financing statement and deed of trust expiration dates, payment of property taxes and other loan requirements and reporting.
  • Collects loan payments and performs related tasks required to service loans.
  • Answers customer inquiries and resolves routine issues. Fosters good member/public relations.
  • Prepares documents and correspondence for association reports as required following approved association and Farm Credit Bank policies and procedures.
  • Operates a variety of standard office equipment according to detailed instructions, which may include computers, paper shredders, telephones, photocopiers, fax machines and scanners.

Other Duties

  • May greet customers, answer phones, arrange appointments and handle travel arrangements as required. 
  • May assist loan officers / appraisers in gathering and maintaining collateral information for input into credit delivery system and appraisal / comparable sales system.

Skill Requirements

Proficient with Microsoft Office, Desktop Underwriter, and loan originating software. General working knowledge of the Encompass lending software system is beneficial. General knowledge of real estate compliance and disclosure requirements. General knowledge of accounting/financial systems. General knowledge of office equipment and systems used for the storage and retrieval of business information. General knowledge of standard records management and file classification practices. General knowledge of title insurance and related documentation requirements for title policies, deeds of trust, and collateral. Skilled in oral and written communication.

Working Relationships

Frequent interaction with customers, association departmental staff and management. Occasional interaction with Farm Credit Bank of Texas staff. Occasional interaction with area professionals including real estate agents, commercial bankers, and others who deal with the association in the normal course of business.

Policy and Compliance

Compliance with FCBT and Association technology and security standards is required.

To Apply

If you’re interested in joining the Legacy Ag Credit team and meet the minimum requirements for this position, please send your resume to:

Legacy Ag Credit, ACA
ATTN: Sherry Sturgis, Senior Vice President/Chief Administrative Officer
303 Connally
Sulphur Springs, TX 75482
Sherry.Sturgis@legacyaca.com
AA/EOE/M/F/D/V

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