Auditing your own departments 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 your brokers are meeting the standards for mortgage industry audits. With more than 10 years in business, our lenders 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 ensure against mortgage lending fraud. From appraisal reports to on-site branch reviews, we can keep your business on task.

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 transaction; by paying attention to the details you can better train new employees and improve the operation of your business. If the loan amount is higher than the original sale price it could be seen as mortgage lending fraud. If your quality control measures include looking at appraisal values and actual values you can avoid these gray areas.

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