QC Analyst

JMAC Lending•Costa Mesa, CA

14d•$29 - $36•Remote

About The Position

Description About JMAC Lending: With over 25 years of experience, JMAC Lending has been dedicated to enhancing the client experience through our cutting-edge products, outstanding service, and unwavering support. We are committed to empowering our partners and driving business growth together. Our culture is centered around exceeding current market options, making us the preferred lender for our clients. Our team boasts impressive credentials and engages in continuous learning, ensuring a perfect blend of knowledge and expertise. Built on a foundation of ethical integrity, our company efficiently and skillfully delivers competitive product pricing for both wholesale and correspondent lending, prioritizing our clients' needs. The Opportunity: The Quality Control Analyst is a proactive and skilled professional who will take charge of the QC process by autonomously conducting QC reviews for both prefunding and post-closing loans. This role involves ensuring that all loans meet compliance standards and are underwritten (and closed) correctly, in accordance with the latest FNMA/FHLMC, FHA, VA, investor, internal, and regulatory guidelines. This is a Full-Time/Fully Remote opportunity offering competitive pay ranging from $29-$36 per hour. Corporate hours are 8:00-5:00 Pacific Time, but we are open to some flexibility

Requirements

Requires minimum 5 years previous experience in mortgage QC, including experience with conventional, jumbo/non-conforming, and government loans.
Previous experience in reviewing and analyzing mortgage credit packages, AUS findings, and calculating loan ratios and variables.
Prior working knowledge and experience in the calculation and verification of income and assets, evaluation of credit reports, purchase contracts, appraisals, title commitments, and other loan pertinent documentation.
Excellent written and verbal communication skills.
Excellent customer support skills and service orientation.
Ability to work cooperatively and professionally in a fast-paced production environment.
Strong attention to detail and strong communication skills.
Strong organization skills and ability to prioritize and work well under time constraints to meet deadlines.
Must be able to endure heavy workloads during peak periods.
Strong working knowledge and use of Microsoft Office Suite, including Word and Excel.

Responsibilities

Maintain a pipeline of prefunding and post-closing loans to review within the required turn times.
Fully assess loan quality, eligibility, and compliance of selected loans assigned.
Ensure selected loans are in compliance with federal and state regulations, as well as the most current FNMA/FHLMC, FHA, VA, internal, and investor requirements.
Perform review of credit, income documentation, calculations, and assets used to qualify for accuracy and compliance in order to validate underwriter’s loan approval.
Increase process efficiency by identifying potential risk and mitigating factors that may impact the Company through credit decisions and the customer's ability to repay the loan.
Provide interactive feedback and clear communication throughout the audit process with the Underwriters, Funders, and their respective Managers.
Regularly communicate and provide audit findings to the QC Supervisor.
Provide updates, reporting and audit findings to internal workgroup(s), for review and mitigate major defects found, when applicable.
Perform other duties as assigned in order to support the QC business unit