Quality Control Underwriter

Join our dedicated team as a Quality Control Underwriter and contribute to maintaining the highest standards of loan quality in the mortgage industry. We are a leading financial services company committed to excellence and offer a supportive work environment with opportunities for professional growth.

Key Responsibilities

• Conduct thorough reviews of mortgage loan files to ensure compliance with investor guidelines, regulatory requirements, and company policies.

• Utilize Automated Underwriting Systems (AUS) such as Desktop Underwriter (DU) and Loan Prospector (LP) to assess loan eligibility and risk.

• Perform pre-funding and post-closing audits to identify discrepancies, errors, and fraud indicators.

• Review appraisals, income documentation, credit reports, and other relevant documents for accuracy and completeness.

• Analyze loan data and documentation to determine creditworthiness and adherence to underwriting standards, including LTV (Loan-to-Value) ratios and DTI (Debt-to-Income) ratios.

• Prepare detailed quality control reports and findings, documenting issues and providing recommendations for corrective action.

• Communicate audit results and findings to underwriting teams, management, and stakeholders, ensuring compliance with industry best practices.

Skills, Knowledge, and Expertise

• 3+ years of experience in mortgage underwriting, quality control, or related role.

• 3+ years of experience with LOS (Encompass preferred)

• Strong knowledge of mortgage industry regulations, including FHA, VA, USDA, Jumbo, NON-QM, and conventional loan guidelines.

• Proficiency in utilizing industry tools and software, such as Encompass and ACES (Automated Compliance and Evaluation System), to conduct quality control reviews.

Benefits

• Above market salary

• HMO on Day 1 for principal and two dependents

• Government-mandated benefits

• Performance-based Incentives

• Quarterly Company Events

• In-depth training for career growth

• Great Company Culture and HR experience

• 1,000 PHP De Minimis

• Equipment and software provided

Originally posted on Himalayas