Loan quality with independent mortgage audits
Auditing mortgage loans is a way to make sure mortgage bankers are reaching the criteria of insured
mortgage loans and agency requirements. Hiring an independent mortgage quality control company
to complete post closing mortgage audits will not
only allow mortgage bankers or Third Party Originators to focus on current loans but an independent eye
may catch potential problems and keep mortgage bankers operating at the top level. There
are many mortgage quality control companies available, but with 20 years of experience working
in Mortgage QC and a strong mortgage banking background the QMS mortgage analysts are uniquely qualified
to complete a mortgage QC audit, ensure underwriting compliance and defend mortgage bankers on
any repurchase claim enabling a strong portfolio.
FHA and agency mortgage audits
Working with the federal lending agencies to provide home loans to first time buyers means
dealing with a lot of red tape. Once the note is signed, there are even more governmental hoops
to jump through to ensure rules are followed . That is why mortgage bankers need an
independent mortgage QC audit provider. By outsourcing mortgage quality control audits after
the loan is closed mortgage bankers are free to focus on new loans production. As an
out-sourced QC partner, QMS can create unique and custom quality control mortgage audits that
address agency loan processes to post closing mortgage audit services.
Once the loan is signed and the client has taken possession of the home, the
QMS mortgage analysts reviews everything to make sure the loan was completed correctly.
Contact us to learn how Quality Mortgage Services can help.