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Mortgage Loan Processor (Farm Credit Bank of Texas)
Ref No.: 16-08572
Location: Las Cruces, New Mexico
Ag New Mexico, Farm Credit Services, ACA is a rural lending cooperative that provides financing for agriculture, agribusiness and rural real estate. The organization is headquartered in Clovis and has branch offices in Belen, Clovis and Las Cruces, New Mexico. Ag New Mexico is part of the nationwide Farm Credit System, the nation's oldest and largest source of rural financing, which has been financing farmers, ranchers, and agribusinesses for over 100 years.
Benefits Provided:
Benefits are an integral part of the Ag New Mexico Farm Credit total compensation package. We offer comprehensive, affordable and competitive benefit options.
  • Flexible health and wellness benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more...
  • 401(k) plan that includes an employer match and additional employer contribution.
  • Long-term disability and life insurance.
  • Vacation leave, sick leave and paid holidays.
  • Ongoing professional development opportunities.
  • Generous tuition reimbursement program.
Required Qualifications:
The Association is seeking a Mortgage Loan Processor who has a Bachelor's Degree in Finance, Accounting, or Business Administration or a related field, or equivalent experience and zero (0) to two (2) years of experience in various aspects of loan operations with an emphasis on secondary lending markets. This position prepares, verifies, reviews and processes secondary market and portfolio loans and related documents.
Benchmark Job Functions:
  • Develops and organizes applicant information for review and analysis by mortgage loan officers and inputs pertinent data into credit delivery system.
  • Assists with the closing of loans by preparing 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.
  • 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.
  • May greet customers, answer phones, arrange appointments and handle travel arrangements as required.
  • Prepares, reviews and processes secondary market documents within authorized limits and provides recommendations on those actions which exceed authorized limits.
  • Completes secondary market forms including financial statements, cash flows, trend sheets, chattel abstracts, secondary market analysis forms and other forms as required.
Skill 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, crop insurance and credit life insurance documentation. General knowledge of documentation requirements for title policies, deeds of trust, and collateral. Specialized knowledge of written correspondence principles. Skill in oral and written communication. Basic skill level in Microsoft Office applications.
Please be advised that there may be duties in addition to those above that will be required of the employee occupying this position. The employee will be required to follow any other job-related instructions and to perform any other job-related duties as requested by the supervisor.

ControlID: 14.234.89 SHR