Servicing and Closing Intern
Reporting to the Senior Manager, Servicing and Closing, the student will have the opportunity to learn about various functions and take part in initiatives, including but not limited to:
- Loan Closing, Review, and Servicing processes for Agriculture Lending
- Consistency in Closing documentation
- Tax Certifications -- insurance and property within approved guidelines
- Loan Boarding Assistance
- Loan Closing Document Package Reviews
Suitable candidates must be able to balance competing priorities with various deadlines in a high-stakes environment.
The People You Will Work With
The position will work closely with the Senior Manager, Servicing and Closing and Loan Servicing Analysts, as well as other members of the Servicing and Closing teams.
Where and When You Will Work
The position will work in the Johnston, Iowa, office of Farmer Mac or working a hybrid schedule. Work must be performed during core business hours, Monday through Friday 8:00 am to 5:00 p.m. central time, for a minimum of 10 hours not to exceed 20 hours per week.
Desired Skills and Qualifications
- Strong interest in agricultural markets
- Knowledge of or interest in lending practices
- Solid MS Office skills, particularly Excel
- Strong educational record of achievement with an equally strong desire to learn
- Must be self-motivated and work well both independently and as part of a team
- Strong organizational skills and excellent attention to details are a must
- Successful candidates must share the Farmer Mac values and demonstrate an ability to work collegially and collaboratively
Education and Experience
- Currently enrolled undergraduate (rising junior or senior in summer 2026) pursuing a degree in Business Administration, Finance, Economics, or other quantitative disciplines
- Minimum GPA of 2.89
Hourly rate is $16.