Post Closing Mortgage Quality Control

The residential mortgage quality control service includes a full and complete Post-Closing Audit of each loan file. Our highly experienced auditors conduct a comprehensive audit checklist that complies with quality control guidelines as set forth by FNMA, FHLMC, FHA & VA. In addition to this, the service can enhance the checklist form to include any special documentation that is unique to your business.

The audit serviceĀ  includes a re-verification of credit documents; ordering of credit reports and a field or desk appraisal review; thorough review of the underwriting decision and supporting documentation; and, a complete audit of all closing documents including a re-calculation of the Final Truth-in-Lending Statement.

The final Report Package includes reports and an Executive Summary, which will provide you with all the information you need to properly evaluate your loan origination process. Our objective is to email the report of our findings to you within 60 days from the date we receive your loan files.

Back to Quality Control and Audit Services

Related Services

Prefunding Mortgage Quality Control

Simulated Audits

Consulting Services – Interagency & Residential Mortgage

For more information contact us @ helpdesk@upfservices.com

 

Comments are closed.