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

SUMMARY:

The Credit Quality Control Analyst will perform pre-funding quality control reviews of conventional and government mortgage loans. This position will evaluate underwriting decisions, loan eligibility, credit documentation, collateral, and supporting documentation before closing or funding.

The analyst will identify loan defects, missing documentation, inconsistencies, and potential risk while ensuring files meet applicable agency, investor, federal, and state requirements.

KEY RESPONSIBILITIES AND DUTIES:

• Perform pre-funding 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 and collateral documentation for accuracy, reasonableness, and compliance with applicable guidelines.

• Identify red flags, inconsistencies, missing documents, calculation errors, and potential fraud indicators.

• Confirm that required loan documentation and underwriting conditions are complete before closing or funding.

• Document loan file exceptions clearly and provide meaningful information regarding identified defects.

• Communicate findings and respond to questions regarding completed loan reviews.

• Conduct targeted or specialized audits as assigned by management.

• Maintain current knowledge of mortgage underwriting requirements, agency guidelines, investor requirements, and regulatory 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 pre-funding quality control experience is strongly preferred.

• Strong knowledge of mortgage credit analysis, underwriting documentation, and loan eligibility 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.

• 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.