Residential Lending QA Specialist

PrimeLending•Dallas, TX

About The Position

Under limited supervision, assists in reviewing Single Family Residence loan documentation, business and consumer, that are in the pipeline. Performs reviews of early disclosures, closing disclosures, loan documents and HUDs to ensure regulatory and loan policy guidelines and requirements are followed. Performs post-closing review of package and submits completed packages to the Credit Department. Works closely with the Compliance Department and SFR Closing Coordinators.

Requirements

High School diploma, general education degree (GED), or equivalent required.
3-5 years of experience in loan operations, compliance, or quality assurance field required.
Basic understanding of real estate lending compliance.
Excellent verbal, written and interpersonal communication skills.
Excellent PC skills, including word processing and spreadsheets via Microsoft Office products as well as custom applications and systems.
Excellent analytical, time management, organizational, and problem-solving skills with the ability to multi-task and work in a deadline-driven environment.
Must be self-motivated with strong initiative, high level of accountability, and attention to detail.

Responsibilities

Reviews early disclosures (on all consumer files) before mailed.
Monitors for signed disclosures such as ECOA, flood notice, and appraisal disclosure.
Reviews file for completeness before clearing to order documents (on all consumer and commercial purpose files).
Reviews for HPML/HOEPA, APR’S and TIP on all consumer files.
Evaluates documentation to ensure QM/ATR is completed.
Assess loan documents, closing disclosure and HUD’s before closing on all consumer and commercial purpose files.
Stacks all funded files to be sent to Lubbock.
Archives all files with decisions in Calyx.
Acts as a backup on the Commercial Real Estate closing checklists.
Performs other duties as requested.