[Remote] Credit Quality Control Analyst – Pre-Funding
Note: The job is a remote job and is open to candidates in USA. CruiTek is a company specializing in the banking and loans sector, and they are seeking a Credit Quality Control Analyst to perform pre-funding quality control reviews of mortgage loans. The role involves evaluating underwriting decisions and ensuring compliance with various guidelines while identifying loan defects and potential risks.
Responsibilities
- Perform pre-funding 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 and collateral documentation for accuracy, reasonableness, and compliance with applicable guidelines
- Identify red flags, inconsistencies, missing documents, calculation errors, and potential fraud indicators
- Confirm that required loan documentation and underwriting conditions are complete before closing or funding
- Document loan file exceptions clearly and provide meaningful information regarding identified defects
- Communicate findings and respond to questions regarding completed loan reviews
- Conduct targeted or specialized audits as assigned by management
- Maintain current knowledge of mortgage underwriting requirements, agency guidelines, investor requirements, and regulatory 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 credit analysis, underwriting documentation, and loan eligibility 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 pre-funding quality control experience is strongly preferred
- ACES audit software experience is preferred
Company Overview