Credit Quality Control Analyst – Post-Closing
Direct Hire – 100% Remote
$60,000 - $72,000 / year

SUMMARY:

The Credit Quality Control Analyst will perform post-closing quality control reviews of conventional and government mortgage loans. This position will review completed loan files to determine whether underwriting decisions, credit documentation, collateral, loan disclosures, and supporting documentation meet applicable agency, investor, federal, and state requirements.

The analyst will identify and clearly document loan defects, compliance concerns, underwriting exceptions, and potential risk within completed mortgage loan files.

KEY RESPONSIBILITIES AND DUTIES:

• Perform post-closing quality control reviews of conventional and government mortgage loan files.

• Review underwriting decisions for compliance with Fannie Mae, Freddie Mac, FHA, VA, USDA, investor, and company guidelines.

• Analyze borrower income, employment, assets, liabilities, credit history, debt-to-income ratios, and loan-to-value calculations.

• Review Automated Underwriting System findings, underwriting conditions, and supporting documentation to confirm loan eligibility.

• Review appraisals, comparable sales, property values, and collateral documentation for accuracy and compliance.

• Review loan disclosures and applicable federal and state compliance requirements, including TRID requirements when assigned.

• Review reverifications of income, employment, assets, occupancy, and other loan information.

• Identify underwriting defects, missing documentation, calculation errors, red flags, inconsistencies, and potential fraud indicators.

• Perform Early Payment Default, targeted, or specialized audits as assigned.

• Document all findings clearly and provide meaningful information regarding loan file exceptions.

• Review and respond to client comments, rebuttals, and additional information concerning audit findings.

• Clear exceptions when sufficient documentation or information has been provided.

• Analyze findings for recurring defects, trends, and potential areas of risk.

• Maintain current knowledge of mortgage regulations, agency guidelines, investor requirements, and industry developments.

• Complete assigned reviews accurately and within established deadlines and production expectations.

• Maintain confidentiality of borrower, client, and loan information.

• Perform other duties as assigned.

QUALIFICATIONS:

• Minimum of 3 years of mortgage underwriting or mortgage quality control loan review experience.

• Direct post-closing quality control experience is strongly preferred.

• Strong knowledge of mortgage underwriting, credit analysis, loan documentation, and quality control requirements.

• Familiarity with Fannie Mae, Freddie Mac, FHA, VA, and USDA loan guidelines.

• Experience reviewing income, assets, liabilities, credit, DTI, LTV, AUS findings, appraisals, and supporting documentation.

• Knowledge of mortgage disclosures, consumer protection requirements, and post-closing compliance review is preferred.

• ACES audit software experience is preferred.

• Strong analytical and research skills.

• Superior attention to detail and accuracy.

• Ability to work independently in a remote environment.

• Ability to meet strict deadlines and production expectations.

• Strong written communication skills with the ability to clearly document loan exceptions.

• Ability to communicate clearly and effectively both verbally and in writing.

• Proficiency with Microsoft Word, Excel, Outlook, and mortgage loan systems.