Quality Control Underwriter

This is a fully remote position, open to applicants in United States.

📋 Description

• Perform comprehensive pre-closing and post-closing quality control assessments of residential mortgage loan files.

• Assess borrower credit, income, assets, and collateral documentation with an underwriting-level comprehension of risk evaluation.

• Review intricate Non-QM income situations, including Bank Statement programs, DSCR loans, Asset Utilization, 1099 income, and self-employed borrowers.

• Analyze loan documentation for precision, thoroughness, consistency, and compliance with company, investor, and regulatory standards.

• Identify inconsistencies, documentation shortages, calculation mistakes, and compliance issues, while evaluating overall significance and loan-level risk.

• Offer constructive feedback and suggestions to Underwriting, Processing, and Operations teams to enhance loan quality and streamline processes.

• Clearly and professionally document audit findings, including the justification for recognized defects or necessary corrective actions.

• Collaborate across functions with Underwriting, Sales, Account Management, Processing, and Closing teams to efficiently resolve file-level challenges.

• Monitor trends in loan quality and recurring defects, escalating issues and proposing process improvements as necessary.

• Assist with internal and external audit activities, including regulatory reviews and third-party due diligence requests.

• Keep detailed and precise QC reporting and audit documentation.

• Stay updated on Non-QM guideline changes, investor overlays, and federal and state regulatory requirements.

• Contribute to a team-oriented environment that prioritizes accountability, operational excellence, and ongoing improvement.

⛳️ Requirements

• Minimum of 3 years of mortgage underwriting experience, ideally with familiarity in Non-QM or alternative documentation loan products.

• Strong understanding of residential mortgage underwriting guidelines and risk assessment methods.

• Experience in reviewing complex borrower income scenarios, including those involving self-employed individuals and alternative income documentation.

• Knowledge of Non-QM products such as Bank Statement programs, DSCR, Asset Utilization, and 1099 income.

• In-depth understanding of mortgage compliance regulations, including TRID, RESPA, ECOA, ATR/QM, and relevant federal and state laws.

• Capability to identify significant loan-level risks and apply sound judgment beyond checklist-based review methods.

• Exceptional analytical, organizational, and problem-solving abilities.

• Strong written and verbal communication skills, with the capacity to clearly present findings and recommendations.

• Ability to handle multiple priorities and meet deadlines in a dynamic environment.

• High level of accountability, professionalism, and attention to detail.

• Familiarity with mortgage loan origination systems and the Microsoft Office Suite.

• Previous experience in quality control, auditing, underwriting, or post-closing review is preferred.

• Mortgage-related certifications or designations are advantageous.

🏝️ Benefits

• Highly subsidized medical insurance.

• Low-cost dental and vision insurance.

• 401(k) program.

• Health Savings Account (HSA).

• Generous paid time off and company holidays.

• Ongoing training, mentorship, and professional development opportunities.

• A collaborative and supportive work environment that emphasizes ownership, innovation, and growth.