Pre-Close QC Auditor
About The Position
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments. The Pre-Close QC Auditor is responsible for reviewing residential mortgage loan files prior to closing to ensure accuracy, completeness, and compliance with investor guidelines, company policies, and federal/state regulations. This position plays a critical role in identifying and mitigating potential defects before loans are funded, protecting the company from repurchase risk and regulatory violations.
Requirements
- 3+ years of mortgage experience, with at least 1–2 years in underwriting or QC.
- Experience with Non-QM, conventional, and government loan programs (FHA, VA).
- Strong understanding of residential mortgage documentation and loan file structure.
- Familiarity with agency and investor guidelines (Fannie Mae, Freddie Mac, FHA, VA).
- Knowledge of federal and state mortgage regulations, including TRID and HMDA.
- Detail-oriented with excellent analytical and organizational skills.
- Ability to work independently, meet deadlines, and manage multiple audits simultaneously.
- Proficient in mortgage software systems (e.g., Encompass, Empower, or similar LOS).
- Excellent written and verbal communication skills.
Responsibilities
- Perform thorough pre-close audits of loan files to verify documentation accuracy and compliance with internal policies, agency (Fannie Mae, Freddie Mac, FHA, VA), and investor guidelines.
- Validate key elements such as income, assets, credit, appraisal, disclosures, and AUS findings.
- Ensure loans are underwritten in accordance with applicable loan program guidelines.
- Confirm compliance with federal and state regulatory requirements (e.g., TRID, HMDA, RESPA, TILA).
- Identify, document, and communicate findings and deficiencies to appropriate stakeholders.
- Collaborate with underwriting, processing, and closing teams to ensure timely resolution of findings.
- Track trends and report common issues or risks to management to assist with training and process improvement.
- Maintain clear and accurate records of audit reviews in QC systems.
- Stay current on changes in agency, investor, and regulatory guidelines.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
11-50 employees
