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1. Lender Online: Loan Reservation & Document Submission to IFA
Irene Hardisty, Director
Irene.Hardisty@iowa.gov
3. LOL Log in: www.IowaFinanceAuthority.gov
5. Bulletin Board page
6. Program Documents:
7. Example of Program Documents form: Conventional Loan Matrix
8. FirstHome loan reservation:
9. Reservation, Program, More Details example of MyCommunity Pus.
10. Loan Reservation Screen - top
11. Loan Reservation Screen - bottom
12. Completion of Loan Reservation: may enter cell by cell or upload from 1003 inXMLfile A. Complete as fully as possible,
Information will load into printed reservation and
Printable MRB forms
Asterisk cells are required
If no options, leave blank
B. First Mortgage:
Lender Loan No:
*Loan Amount:
*Term months:
*Interest Rate:
Secondary Market Fee:
C. Borrower:
Borrowers *First Name; Middle Initial;*Last Name:
*Soc. Sec. No:
Date of Birth or *Age:
*Sex:
*Ethnicity:
*Marital Status:
Single Parent:
Occupation:
Credit Score:
D. Current mailing address
Street:
City/Other City:
State:
Zip:
County/Other County:
Home Phone:
Business Phone:
E. Check if Co-borrower
*Soc. Sec. No:
*Sex:
*Marital Status:
Single Parent:
13. Cont: loan reservation F. Property:
*Purchase Price:
*Acquisition Cost:
*New/Exist/Rehab:
Year Built:
*No. of Units:
*Housing Type:
G. Property address:
*House No.:
*Street:Unit No.:
*City:
*Zip:- *County:
MSA:
*Census Tract: (link to locate)
Block Group: Community Code:
Disaster Code
Veteran
Disaster Code & Veteran
*Target/Non-Target:
Project/Builder:
H. Annual Income: if XML file change from monthly to annual
*Borrower Wages:
From Assets:
Other:
Subtotal:
Co-Borrower Wages:
From Assets:
Other Subtotal:
Non-Applicant Income:
Subtotal/Total:
14. Cont: loan reservation I. Household:
*Household Size:
*Prior Homeowner:
No. of Income Recipients:
Date
Last Occupied:
No. of Persons 18 or Over:
Net Worth Amount:
No. of Persons Under 18:
No. of Dependents:
No. of Disabled/Handicapped:
No. of Elderly:
K. Officers & Contacts:
Loan Officer:
Loan Processor:
Contact Person:
Transcriptor:
Real Estate Company:
Real Estate Agent Name:
Submit:
Will advise of any errors & omissions before proceeding
K. Reservation Confirmation:
May view or print
15. Reservation Confirmation:
16. Locating loans in pipeline:
17. Loan Status:
18. Retrieving documents & forms
19. Attaching Documents & Forms (Edocs):
20. Edocuments: uploading packages A. Post Closing B. Pre-closing C. REOHome D. MHOA
21. Cont: Uploading scanned docs
22. Document uploaded to LOL:
23. Editing the uploaded docs; Then SUBMIT
24. Successful Submission of Edoc
25. Loan view loan stage/status:
26. Loan view loan stage/status:
27. Lender On Line Stages: Stages:
Reserved
Pre Closed received
Pre Closed reviewed
Post MRB Doc received
Post MRB Doc reviewed
Commit to Purchase Stage status:
Approved
Apprvd/Fnl Docs
Cancelled
Error
Incomplete
Ineligible
Received
Rejected
Response given
28. IFA Staff Contacts anyone can help but following are primary areas: Sheri Krohn, Lender Online issues/questions.
Sheri.Krohn@iowa.gov (515-725-4940)
Judy Hartman, Military Homeownership Assistance, MRB Compliance
Judy.Hartman@iowa.gov (515-725-4960)
Lisa Braunschweig, FirstHome Plus, MRB Compliance
Lisa.Braunschweig@iowa.gov (515-725-4928)
Karen Rasmussen, Recapture, MRB Compliance
Karen.Rasmussen@iowa.gov (515-725-4927)
Irene Hardisty, Director of Single Family Production
Irene.Hardisty@iowa.gov (515-725-4983)
