Quality Control Auditor/Underwriter

Description

What does a Quality Control Auditor/Underwriter Do?

The QC Auditor provides quality control analysis of residential mortgage loan files for both Pre-fund and Post-Close audits. The Auditor ensures all aspects of the loan file are completed accurately and correctly, meeting agency guidelines and adhering to federal and state requirements. You will spend your day determining accurate and stable income, analyzing credit reports and debt structures, understanding a wide range of financial assets, spotting potential red flags indicating misrepresentation and fraud, understanding regulatory compliance rules, and analyzing/determining property/collateral market value. Compensation for full time ranges from $56,000-$62,000 annually, plus incentive.

Responsibilities

• Audits (re-underwrites) residential mortgage loan files
• Performs file audits to determine eligibility and adherence to investor guidelines within established service level agreements (SLA's)
• Analyzes credit reports to asses liabilities, payment, residential, and employment history; qualifying employment and income (salaried, commission, fixed, and self-employed); various asset statements to determine acceptable cash to close, reserves, and down payment funds; residential property appraisal reports;
• Reviews preliminary title reports
• Uploads documents into document management systems
• Captures and enters data from various documents including but not limited to TRID documents, Tax Transcripts, QM, and Ability to Repay for accuracy and completeness
• Effectively communicates audit results with clients, managers, and co-workers in a courteous and professional manner
• Reviews documents and determine necessary re-verifications to be ordered
• Complies with MetaSource policies and procedures
  
  

Qualifications

• High school diploma, GED or equivalent
• Minimum of 3 years of recent underwriting experience
• Familiarity with AllRegs or comparable
• Experience with GSE Guidelines
• Conventional, FHA, VA, USDA, and non-agency loan experience
• Experience with use of fraud tools and AUS systems
• Experience with RESPA, TILA, MDIA, and HMDA regulatory agency requirements
• Self-starter with the ability to work independently with minimal supervision
• Ability to learn new computer programs and systems quickly
• Excellent organization with intrinsic attention to detail
• Ability to communicate professionally with proper grammar
• Demonstrate ability to independently problem-solve with minimal supervision
  
  

Employment is contingent upon completing and passing a background check.

MetaSource is an equal opportunity employer.