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Quality Control Underwriter

UNLIMITED HOLIDAYS - EXTRA HOLIDAYS - EXTRA PARENTAL LEAVE - LONG REMOTE PERIOD ALLOWED

Remote:

Full Remote

Contract:

Full time

Experience:

Mid-level (2-5 years)

Work from:

Philippines

Offer summary

Qualifications:

3+ years in mortgage underwriting or quality control, Experience with LOS (Encompass preferred), Knowledge of FHA, VA, USDA guidelines, Proficient in Encompass and ACES software.

Key responsabilities:

Review mortgage loan files for compliance
Utilize AUS tools for assessing eligibility
Conduct pre-funding and post-closing audits
Prepare quality control reports with findings
Communicate results to relevant teams

NightOwl Consulting Human Resources, Staffing & Recruiting Scaleup https://nightowl.consulting/

51 - 200 Employees

See more NightOwl Consulting offers

Job description

Your missions

Department: Loan Teams

Location: Back Office

Compensation: ₱70,000 - ₱100,000 / month

Description

Join our dedicated team as a Quality Control Underwriter and contribute to maintaining the highest standards of loan quality in the mortgage industry. We are a leading financial services company committed to excellence and offer a supportive work environment with opportunities for professional growth.

Key Responsibilities

Conduct thorough reviews of mortgage loan files to ensure compliance with investor guidelines, regulatory requirements, and company policies.
Utilize Automated Underwriting Systems (AUS) such as Desktop Underwriter (DU) and Loan Prospector (LP) to assess loan eligibility and risk.
Perform pre-funding and post-closing audits to identify discrepancies, errors, and fraud indicators.
Review appraisals, income documentation, credit reports, and other relevant documents for accuracy and completeness.
Analyze loan data and documentation to determine creditworthiness and adherence to underwriting standards, including LTV (Loan-to-Value) ratios and DTI (Debt-to-Income) ratios.
Prepare detailed quality control reports and findings, documenting issues and providing recommendations for corrective action.
Communicate audit results and findings to underwriting teams, management, and stakeholders, ensuring compliance with industry best practices.

Skills, Knowledge, And Expertise

3+ years of experience in mortgage underwriting, quality control, or related role.
3+ years of experience with LOS (Encompass preferred)
Strong knowledge of mortgage industry regulations, including FHA, VA, USDA, Jumbo, NON-QM, and conventional loan guidelines.
Proficiency in utilizing industry tools and software, such as Encompass and ACES (Automated Compliance and Evaluation System), to conduct quality control reviews.

Benefits