Description
Quality Control Mortgage Post-Close Analysts performs comprehensive reviews of closed mortgage loan files to verify adherence to underwriting guidelines, federal and state regulations, investor requirements, and company policies. This role identifies deficiencies, documents findings, recommends corrective actions, and helps mitigate operational and compliance risks.
Responsibilities:
- Conduct post-closing quality control reviews of mortgage loan files.
- Review income, assets, credit, collateral, and occupancy documentation for accuracy and compliance.
- Ensure compliance with agency guidelines, investor requirements, and applicable federal and state regulations.
- Evaluate loan documentation for completeness, accuracy, and consistency.
- Identify underwriting, compliance, documentation, and data integrity defects.
- Assign defect severity levels and document findings in quality control reports.
- Communicate review results and corrective action recommendations to management and operational teams.
- Track and monitor defect trends to identify systemic issues and opportunities for process improvement.
- Maintain knowledge of current mortgage lending regulations, underwriting guidelines, and investor updates.
Requirements
Required Qualifications
- 3–5+ years of mortgage underwriting, quality control, auditing, or post-closing experience.
- Strong knowledge of:
- Conventional underwriting guidelines
- FHA, VA, and USDA loan programs
- Non-QM and DSCR programs
- Agency requirements (Fannie Mae and Freddie Mac)
- Federal mortgage regulations including TRID, RESPA, TILA, ECOA, HMDA, and Fair Lending
- Experience reviewing mortgage loan documentation and underwriting decisions.
- Strong analytical and investigative skills.
- Excellent written and verbal communication abilities.
- Ability to manage multiple reviews and meet established deadlines.
Preferred Qualifications
- DE Underwriter certification.
- SAR/LAPP authority.
- Mortgage Quality Control certification or related industry credentials.
- Experience with investor audits and regulatory examinations.
- Knowledge of secondary market requirements.
Employment is contingent upon completing and passing a background check and drug test. MetaSource is an equal opportunity employer.
Skills Required
- 3-5+ years mortgage underwriting, quality control, auditing, or post-closing experience.
- Knowledge of conventional underwriting guidelines.
- Knowledge of FHA, VA, and USDA loan programs.
- Knowledge of Non-QM and DSCR programs.
- Knowledge of agency requirements (Fannie Mae and Freddie Mac).
- Knowledge of federal mortgage regulations (TRID, RESPA, TILA, ECOA, HMDA, Fair Lending).
- Experience reviewing mortgage loan documentation and underwriting decisions.
- Strong analytical and investigative skills.
- Excellent written and verbal communication abilities.
- Ability to manage multiple reviews and meet established deadlines.
- Background check and drug test (employment contingent upon passing).
- DE Underwriter certification.
- SAR/LAPP authority.
- Mortgage Quality Control certification or related industry credentials.
- Experience with investor audits and regulatory examinations.
- Knowledge of secondary market requirements.
What We Do
MetaSource is a digital transformation solutions provider specializing in business process outsourcing and management. They offer services like document management, workflow automation, AP automation, document scanning, and digital mailrooms to various industries.
