Auditing your own company can be tough. By employing QualityMortgageServices.com you have a business partner that is independent of your departments and will work with an unbiased eye to ensure loan officers are meeting the standards by performing mortgage industry audits. With approximately 20 years of business, our analysts are experienced with government and conventional loan programs. Whether you sell directly to Fannie Mae or originate FHA loans you need quality control plans in place to insure against mortgage lending fraud and the risk or loan buy backs and loan repurchases.

Once a loan is closed upon, many companies will review all of the paperwork. Why is this necessary? Purely for quality control. Post closing mortgage lender HUD audits assure the quality of the mortgage loan transactions; by paying attention to the regulatory compliance, credit, and collateral details so the QC manager can improve the operation of your business.

Quality control plans are more than extra paperwork for mortgage bankers. By having a QC Plan in place to discover problems with the loan process you avoid extra work and problems with other banking or lending agencies especially loan buy backs and loan repurchases. QMS is a great resource because we can create quality control plans but we can also perform mortgage lender audits, HUD audits and post closing reviews. Many loan investors like Freddie Mac and Fannie Mae require lenders to provide post closing audit reviews on 10 percent of their closed files. Let us take the pressure off by completing post closing reviews, mortgage industry audits and provide repurchase defense rebuttals.