Independence Home Loans
Experienced Quality Control (QC) Auditor
Independence Home Loans, Scottsdale, Arizona, us, 85261
Experienced Quality Control (QC) Auditor
Independence Home Loans LLC is a mortgage lender operating as a non-delegated correspondent and broker. Our mission is to deliver compliant, high-quality mortgage solutions while reducing risk and protecting both consumers and investors. Our operational and compliance excellence is grounded in a robust, documented Quality Control Plan that ensures adherence to federal, state, investor, and agency standards.
Position Summary We are seeking an experienced Quality Control Auditor to perform post-closing and targeted loan file reviews in strict accordance with our written Quality Control Plan. The ideal candidate will have a proven background in residential mortgage quality control auditing—particularly within the non-delegated correspondent lending channel—and a strong working knowledge of current regulatory, investor, and agency guidelines.
Key Responsibilities
Independently conduct monthly random and targeted loan file audits following the timelines outlined in the company’s QC Plan.
Review a variety of loan types, including Conventional, FHA, VA, USDA, Non-QM, Jumbo, and ARM products.
Perform comprehensive compliance and credit quality reviews on company-originated loans, focusing on areas under the company's operational responsibility (e.g., disclosures, processing, documentation, rate locks).
Validate accuracy and completeness of loan applications (1003), initial and final disclosures (LE/CD), appraisal and valuation data, loan decisioning and pre-closing conditions.
Conduct re-verification of employment, income, assets, and occupancy where applicable.
Identify and grade loan defects based on the company’s risk grading system (Risk Grades 1–3 and Compliance issues).
Ensure reviews are performed with independence and objectivity, avoiding any conflicts of interest.
Submit findings and summaries to Senior Management per required reporting schedule, including recommendations for corrective action.
Assist with the identification of training needs, process improvements, and risk mitigation strategies.
Stay updated on federal regulations (TILA, RESPA, TRID, ECOA, FHA guidelines, etc.) and ensure reviews are performed in compliance with all applicable laws.
Qualifications
Minimum 3-5 years of experience in mortgage quality control auditing, with specific experience in non-delegated correspondent lending or brokered originations preferred.
Strong understanding of investor and agency guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA).
Deep working knowledge of compliance regulations, including but not limited to:
TRID
TILA/RESPA
FHA SFH Handbook 4000.1
Ability to Repay/Qualified Mortgage (ATR/QM)
Experience with audit sampling methodologies, including random, targeted, and 100% review categories (e.g., EPDs, suspected fraud).
Demonstrated experience preparing defect rate analysis and communicating corrective actions.
Excellent written and verbal communication skills.
Highly organized, detail-oriented, and comfortable working under strict deadlines.
Ability to work independently with minimal supervision.
Prior experience working with mortgage LOS systems and audit/review tools.
Working knowledge of branch audits and/or remote site inspections a plus.
Preferred Qualifications
Prior experience working in or with a mid-sized residential mortgage company.
Background in fraud detection, forensic reviews, or post-closing audit escalation protocols.
Compensation and Benefits
Competitive salary commensurate with experience.
Opportunity to improve operational risk frameworks.
Independence Home Loans LLC is an Equal Opportunity Employer. We are committed to creating a diverse and inclusive environment and encourage all qualified individuals to apply.
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Position Summary We are seeking an experienced Quality Control Auditor to perform post-closing and targeted loan file reviews in strict accordance with our written Quality Control Plan. The ideal candidate will have a proven background in residential mortgage quality control auditing—particularly within the non-delegated correspondent lending channel—and a strong working knowledge of current regulatory, investor, and agency guidelines.
Key Responsibilities
Independently conduct monthly random and targeted loan file audits following the timelines outlined in the company’s QC Plan.
Review a variety of loan types, including Conventional, FHA, VA, USDA, Non-QM, Jumbo, and ARM products.
Perform comprehensive compliance and credit quality reviews on company-originated loans, focusing on areas under the company's operational responsibility (e.g., disclosures, processing, documentation, rate locks).
Validate accuracy and completeness of loan applications (1003), initial and final disclosures (LE/CD), appraisal and valuation data, loan decisioning and pre-closing conditions.
Conduct re-verification of employment, income, assets, and occupancy where applicable.
Identify and grade loan defects based on the company’s risk grading system (Risk Grades 1–3 and Compliance issues).
Ensure reviews are performed with independence and objectivity, avoiding any conflicts of interest.
Submit findings and summaries to Senior Management per required reporting schedule, including recommendations for corrective action.
Assist with the identification of training needs, process improvements, and risk mitigation strategies.
Stay updated on federal regulations (TILA, RESPA, TRID, ECOA, FHA guidelines, etc.) and ensure reviews are performed in compliance with all applicable laws.
Qualifications
Minimum 3-5 years of experience in mortgage quality control auditing, with specific experience in non-delegated correspondent lending or brokered originations preferred.
Strong understanding of investor and agency guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA).
Deep working knowledge of compliance regulations, including but not limited to:
TRID
TILA/RESPA
FHA SFH Handbook 4000.1
Ability to Repay/Qualified Mortgage (ATR/QM)
Experience with audit sampling methodologies, including random, targeted, and 100% review categories (e.g., EPDs, suspected fraud).
Demonstrated experience preparing defect rate analysis and communicating corrective actions.
Excellent written and verbal communication skills.
Highly organized, detail-oriented, and comfortable working under strict deadlines.
Ability to work independently with minimal supervision.
Prior experience working with mortgage LOS systems and audit/review tools.
Working knowledge of branch audits and/or remote site inspections a plus.
Preferred Qualifications
Prior experience working in or with a mid-sized residential mortgage company.
Background in fraud detection, forensic reviews, or post-closing audit escalation protocols.
Compensation and Benefits
Competitive salary commensurate with experience.
Opportunity to improve operational risk frameworks.
Independence Home Loans LLC is an Equal Opportunity Employer. We are committed to creating a diverse and inclusive environment and encourage all qualified individuals to apply.
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