As a loan auditor, your job is to examine the accounting records of a loan to help ensure that it complies with all relevant regulations, including both company guidelines and state or federal lending laws. Loan auditors are a specific type of loan officer and often specialize in particular categories, such as mortgage or business loans. While fulfilling the responsibilities and duties of this job, you may review documents, check financial statuses, confer with underwriters, analyze payment schedules, and occasionally talk with loan recipients to gather additional information or ask them about their experience getting a loan. Most loan auditors work for lending institutions like banks and credit unions.