Loan Processor II Job at Iowa Bankers, Johnston, IA

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  • Iowa Bankers
  • Johnston, IA

Job Description

Job Description

Description:

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:

A. Required Education:  High school diploma or general education   degree (GED)

 

B. Required Work Experience:  5+ years mortgage experience. Preferred at least 2 year processing of conventional, FHA, VA, IFA and RD loans and/or training; or equivalent combination of education and experience.

 

C. Technology Skills: Previous use of DU/DO/LP systems along   with usage of origination or operating software, specific to the mortgage   industry.

 

D. Required Skills or traits for the   position: Exposure and understanding of credit   reporting, title work, basic income analysis and various other areas of the   mortgage process.

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Job Tags

Work experience placement,

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