About guaranteed rate
We’re guaranteed rate, the 5 th -largest retail mortgage lender in the u.sWith more than $73 billion in loans funded in 2020 aloneWe’re based on a philosophy that we grow for good and that the more we grow, the more we can help people—and we’ve been growing exponentially by partnering with the best real estate agents, hiring the best people, and offering industry-leading tech, low rates and the highest level of customer serviceHeadquartered in chicago, our 9,000 employees are in every state across 350 officesWe know anything is possible as long as you believeDo you believe you’re a perfect fit? we’d love to hear from you.
Job description:
Perform in-depth quality control reviews of closed mortgage loan files for compliance with applicable agency guidelines and adherence to specific lender guidelinesThis review includes income and asset analysis, credit and debt recalculation and appraisal reviewAudit all origination, processing, underwriting and closing documents and reverifications for accuracy and adherence.
Remote
Analyze individual loan files and determine compliance with applicable lender guidelines
Review and analyze employment documentation for completeness and re-calculate income for accuracy per guideline requirements
Review and recalculate asset documentation per guideline requirements
Appraisal review for guideline and uspap compliance and title documentation review
Review and evaluate audit re-verification documentation received
Maintain currency on all changes to agency guidelines including fnma, fhlmc, fha, va and usda, as well as specific investor requirements and guidelines
Independently research relevant investor guidelines from the company’s internal intranet site and/or allregs
Participate in continuing education webinars, seminars and training on a monthly basis as required by the qc manager
Other duties and responsibilities as may be assigned by the qc manager
Requirements:
4 years’ recent underwriting or qc reviews of current origination with exposure to both manual and automated underwriting environments
Must have strong knowledge of fnma and fhlmc conventional guidelines, as well as fha, va and usda guidelines
Experience with jumbo loans and self-employed income analysis is desirable
Strong knowledge of fha/va appraisal requirements and documentation
Fha 203(k) and va renovation experience a plus
Ability to navigate and research all investor policies, including specific internal and investor overlays
Ability to communicate audit results in a clear, professional manner
Ability to meet department quota expectations without sacrificing quality reviews
Strong verbal and written communication skills
Strong analytical skills and attention to detail
Strong computer skills
Excellent time management skills with an emphasis on quality
Ability to work flexible hours as needed
Must be self-motivated and able to work remotely in a team environment while thinking independently and sharing knowledge and ideas
Guaranteed rate is an equal opportunity employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law#li-mt1
