Join the First Heritage Mortgage Team
We're just as committed to our employees as we are to our customers. As a growing leader in the mortgage industry, we are actively seeking creative, driven individuals to provide the highest level of service and forward-looking solutions.
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This position is responsible for conducting pre-funding quality control audits to ensure residential mortgage loans comply with regulatory requirements and investor guidelines. In addition to loan-level testing, the role will collaborate with leadership to support root cause analysis and contribute to the development and enhancement of departmental policies, procedures, and processes.
ESSENTIAL DUTIES & RESPONSIBILITIES
• Conduct pre-funding reviews of residential mortgage loans.
• Perform comprehensive underwriting and compliance analyses, including but not limited to, income calculations for both wage-earning and self-employed borrowers, debt-to-income and loan-to-value ratio assessments, credit evaluations, review of initial disclosures, collateral assessments, and title documentation analysis.
• Document all actions taken for each loan in the QC database, ensuring alignment with defect ratings and exception classifications.
• Responsible for meeting established performance standards, audit milestones, and cycle deadlines.
• Participate in recurring meetings to analyze quality trends and offer recommendations that enhance alignment with Fannie Mae, Freddie Mac, FHA, USDA, VA, and private investor guidelines.
• Complete red flag reviews assigned by leadership and provide a comprehensive summary of findings upon conclusion of each risk investigation.
• Other projects and duties as assigned.
EDUCATION, EXPERIENCE & SKILLS
• 2+ years of Quality Control and/or Quality Assurance experience.
• Knowledge of agency and government mortgage guidelines, including Fannie Mae, Freddie Mac, FHA, VA, and USDA
• Foundational knowledge of federal and state mortgage lending laws and practices.
• Strong verbal and written communication skills, with the ability to convey information clearly and effectively.
• Highly organized and analytical, with a demonstrated ability to work independently and meet established deadlines.
• Proven ability to manage multiple priorities and adapt to evolving industry standards and responsibilities.
• Bachelor's degree or equivalent experience in the mortgage industry, preferred.
OPERATIONAL & TECHNICAL EXPERTISE
• Proficient using Encompass Loan Origination System.
• Advanced proficiency with Microsoft Excel, Word, and Outlook required.
• Practical understanding of automated underwriting systems.
What's In It For Me:
- Access to competitively priced, high-quality health care options through Aetna, MetLife and EyeMed, along with employer-paid Short Term and Long Term disability, basic life and AD&D insurance (including employee-paid life, Legal Resources, and Aflac supplemental options)
- Plan for the future by investing in a 401(K), with up to $4K employer match, invest even more with our Health Savings Account (HSA)
- Put your family first with Flexible Spending Account (FSA) for dependent care
- 12 weeks of paid maternity leave through our Short-Term Disability Plan
- Receive well-rounded wellness benefits, including free and low-cost mental health resources and support services through our Employee Assistance Program
- Rest and relax with Paid Time Off (increases with tenure)
- Protect yourself from identity theft or travel mishaps with our no-cost coverage
- Get access to your paycheck early with an advanced pay option through Dayforce Wallet