With Iowa Bankers Mortgage Corporation (IBMC) as the servicer, your customer receives the best of both worlds – access to a home loan from a local institution they trust and servicing from experienced mortgage professionals.
IBMC is the mortgage banking subsidiary of the Iowa Bankers Association. Since 1979, IBMC has played a vital role in helping Iowa banks provide affordable and competitive home financing alternatives to their customers.
IBMC has become a leading secondary lender in the state of Iowa and routinely funds loans with 200+ banks each year, currently servicing nearly $7 billion in mortgages for over 50,000 homeowners in 10 states. IBMC has enhanced itself as an attractive choice for a centralized servicer for the Federal Home Loan Bank’s servicing released options and has existing relationships with nearly 100 participating financial institutions. For additional information, visit Iowa Bankers Mortgage Corporation.
Additional information can be found in the IBMC Concurrent Sale Manual.