Quality Control Underwriter

Responsibilities of the Quality Control Underwriter:

• Review/analyze loan files that have been approved by Underwriting to ensure the file meets loan program requirements. Includes individual analysis of Loan application, Credit profile/report(s), Debt and assets, Income/financial statements, Loan values/loan-to-value ratios, Appraisal Reports, and Collateral and supporting documentation.
• Identify loan deficiencies and calculate the risk grade on each (Pass, Caution, Fail).
• Communicate deficiencies to the Underwriting/Processing Group and confirm that corrective action has been taken.
• Revisit loans to review and clear deficiencies.
• Escalate files with suspected fraud to the Quality Control Manager.
• Identify quality trends and work with Management to recommend and drive corrective action.
• Performing in-house targeted audits
• Perform other duties as assigned by management

Requirements of the Quality Control Underwriter:

• HS Diploma/GED REQUIRED--Associates or better preferred
• 3 years of residential mortgage underwriting experience
• Encompass experience REQUIRED
• Experience working with DU, LP, and GUS
• Knowledge of FHA, VA, USDA, FNMA, and FHLMC policies and guidelines
• Knowledge of mortgage loan processing, compliance, investor products, and underwriting guidelines
• Knowledge of mortgage insurance (MI) guidelines
• Working knowledge of various fraud tools
• Appraisal review skills/experience
• DE certification and Chums preferred
• VA LAPP/SAR preferred

Benefits of the Quality Control Underwriter:

• Medical Insurance
• Dental Insurance
• Retirement Plan

Relevante is an innovative recruiting, staffing, and consulting firm. We help our clients find the best talent for their mission-critical positions and we help candidates find rewarding and enriching careers. Our consultative approach to solving resourcing challenges for our clients is driven by our industry-specific knowledge, our strong recruiting capabilities, and our agility.

We support our clients’ goals through results-driven execution, planning, and management of accounting and technology initiatives. Relevante’s resourceful and responsive teams bring deep technology and accounting expertise, thought leadership, and business-relevant solutions to each and every partnership. Our clients appreciate our can-do attitude, value our results, and keep coming back.

Founded in 2002, we have grown through a culture of operational excellence, a passion for client satisfaction, technology innovation, and a global, collaborative workforce that embodies the future of work. Our success is built on a clear strategic direction and a shared belief in its ability to shape your business landscape and accelerate business growth.