The Underwriter II evaluates credit and property risks for Conventional, FHA, and Rural Development loans from affiliated banks and correspondents lenders.
Performs a preliminary and final review of FHA, Rural Development, Conventional, VA and IFA applications for Heritage and Alliance loan applications
Establish property values and appraisal analysis for HUD, VA, USDA and Conventional loans
Reviews loan files for compliance with investor guidelines
Follow IBMC loan review and quality control guidelines as files are reviewed
This position is eligible for a $5,000 sign on bonus to be paid out after 90 days of employment.
Required Education: High school diploma or general education degree (GED)
Required work experience: Three to five years related experience and/or training; or equivalent combination of education and experience.
Specialized training/certifications: Appraisal or underwriting training
Internal Number: IBMC
About Iowa Bankers Mortgage Corporation
In our 125-year history, the Iowa Bankers Association (IBA) has been dedicated to serving Iowa banks and their employees. As the voice of Iowa’s banking industry, the Association serves more than 95 percent of banks and savings institutions in the state. The IBA and our affiliate companies – Iowa Bankers Insurance and Services, Inc., Iowa Bankers Mortgage Corporation and IBA Securities – provide services that allow banks to better serve their communities and the state of Iowa. The Association contributes to the success of Iowa banks by providing legislative representation, education and training opportunities, regulatory compliance assistance and a host of other services. Member banks also benefit from the insurance, mortgage and securities brokerage services offered by the IBA’s affiliate companies.