Loan Processor II

Iowa Bankers Mortgage Corporation • Urbandale, IA

just now

About The Position

I. Ensures compliance with governmental guidelines as outlined by internal Quality Control/Compliance and outside investors.
II. Processes and submits Conventional, FHA, VA, Rural Development and IFA loans to IBMC underwriting department, investors and other agencies as required.
III. Maintains and provides assistance to bankers and borrowers with questions through daily interaction via telephone calls and emails.
IV. Stays update to date on changes in programs/product guidelines through education provided by IBMC and/or outside vendors.
V. Other duties as assigned

Requirements

• High school diploma or general education degree (GED)
• 5+ years mortgage experience
• At least 2 year processing of conventional, FHA, VA, IFA and RD loans and/or training; or equivalent combination of education and experience
• Previous use of DU/DO/LP systems along with usage of origination or operating software, specific to the mortgage industry
• Exposure and understanding of credit reporting, title work, basic income analysis and various other areas of the mortgage process

Responsibilities

• Ensures compliance with governmental guidelines
• Processes and submits Conventional, FHA, VA, Rural Development and IFA loans
• Maintains and provides assistance to bankers and borrowers
• Stays update to date on changes in programs/product guidelines
• Other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED