We are looking for a detail-oriented and experienced QC Review Mortgage Underwriter to join our team. The ideal candidate will have a deep understanding of mortgage underwriting principles, quality control processes, and regulatory compliance. This role involves meticulous review and evaluation of mortgage loan files to ensure adherence to company and investor guidelines and regulatory standards.
Responsibilities
Loan File Review:
Conduct comprehensive quality control reviews of mortgage loan files, examining documentation and underwriting analysis.
Verify accuracy, completeness, and compliance with internal policies, investor guidelines, and regulatory standards.
Ensure all loan documentation is precise and meets industry guidelines.
Risk Assessment
Identify and evaluate potential risks associated with mortgage loan files.
Assess creditworthiness, income stability, asset verification, and property valuation.
Implement appropriate measures to mitigate identified risks.
Compliance
Stay updated on current regulatory and investor guidelines.
Ensure all loans comply with federal, state, and local regulations, as well as company policies.
Detect and report any compliance issues or discrepancies.
Documentation And Reporting
Prepare detailed QC reports and summaries outlining findings.
Document and communicate discrepancies or issues identified during reviews.
Maintain accurate records of all reviews and corrective actions taken.
Collaboration
Collaborate closely with underwriters and team members to resolve issues and discrepancies.
Offer feedback and recommendations to enhance underwriting practices and loan quality.
Participate actively in team meetings and contribute to continuous improvement initiatives.
Training And Development
Assist in training underwriters and quality control staff.
Stay informed about industry trends, regulatory changes, and best practices in mortgage underwriting and quality control.
Qualifications
Education and Experience:
Bachelor's degree in finance, business, or a related field preferred.
Minimum of 3-5 years of experience in mortgage underwriting, emphasizing quality control.
Skills And Competencies
Thorough understanding of mortgage underwriting guidelines, including Fannie Mae, Freddie Mac, FHA, VA, and Non-QM.
Excellent analytical and problem-solving abilities.
Detail-oriented with strong organizational and time-management skills.
Effective written and verbal communication skills.
Proficiency in mortgage loan origination systems and underwriting software.
Employment Type: Part-Time
Seniority level
Mid-Senior level
Employment type
Part-time
Job function
Finance and Sales
Industries
Human Resources Services
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