The Correspondent Loan Funder reviews the closing package submitted by the bank for purchase of loans to ensure all documentation is complete and accurate.
Prepares and distributes ACH confirmations to banks and necessary departments.
Monitors Correspondent fundings “on hold” status.
Back-up for follow-up documentation
Required Education: High school diploma or general education degree (GED)
Required Work Experience: One to two years of related experience and/or training; or equivalent combination of education and experience.
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.