Note: The job is a remote job and is open to candidates in USA. CruiTek is a company focused on mortgage quality control, and they are seeking a Credit Quality Control Analyst to perform post-closing quality control reviews of mortgage loans. The role involves reviewing loan files for compliance with various guidelines and identifying potential risks and defects.
Responsibilities
- 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
Skills
- Minimum of 3 years of mortgage underwriting or mortgage quality control loan review experience
- 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
- 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
- Direct post-closing quality control experience is strongly preferred
- Knowledge of mortgage disclosures, consumer protection requirements, and post-closing compliance review is preferred
- ACES audit software experience is preferred
Company Overview