Xactus · 21 hours ago
QAQC QC Auditor II
Broomall, PA 19008, USA
Full-time
Onsite
Mid, Senior Level
$70K/yr - $75K/yr
5+ years expXactus is the leading verification innovator for the mortgage industry, serving over 6,500 clients. The Quality Control Auditor II is responsible for conducting quality control audits, analyzing loan data, and ensuring compliance with investor guidelines.
CreditFraud DetectionIdentity ManagementLendingSoftware
No H1B
U.S. Citizen Only
Responsibilities
Complete credit re-underwrite on all loan files pursuant to AUS findings or manual loan approvals
Analysis of property appraisal to determine if value is supported and property meets all eligibility requirements
Analysis and recalculation as required of all borrower income sources
Analysis of borrower’s debt load and calculation of debt to income ratio
Make determination that loan elements are acceptable to appropriate investor guidelines
Must be able to seek out and identify potential misrepresentation and fraud
Identify any potential defect trends noted within a particular QC period or series of periods
Interpret the results of any re-verifications received at the time of the QC review and cite defects accordingly
Enter defined loan data into Quality Control system
Complete review of all closing documents and disclosures on all loans files, as able
Analysis of Note, Mortgage, and Assignment with emphasis on accuracy
Check file for all legal documents
Perform appropriate High Cost, APR, Amount Financed, and State Predatory tests in the Compliance Review system
Comment on loan inaccuracies, deficiencies, and missing items
Assign loan level defects pursuant to the severity and type of deficiency with an emphasis on overall investor and agency risk
Ability to consistently meet and exceed daily productivity goals
Ability to achieve and maintain quality standards
Maintains consistent schedule for training and mentoring with QC Auditor II or above
Performs other duties as required
Qualification
Required
A minimum of 5-10 years mortgage underwriting/audit experience
Bachelor's degree in business, or related field; or equivalent work experience
Knowledge of Fannie Mae, Freddie Mac, FHA, and VA lending requirements and lending compliance
Excellent verbal and written communication skills
Sound decision and judgment making skills
Ability to read, analyze, and interpret common mortgage and financial documentation
Ability to effectively document and explain specific mortgage loan defects in a concise but thorough manner
Use of proper grammar and spelling is a must
Ability to apply advanced mathematical concepts such as calculating complex income scenarios, liabilities and overall ratios for any given loan
Ability to apply mathematical operations to assess credit eligibility criteria as required for agency underwriting approval
Ability to define problems, collect data, establish facts, and draw valid conclusions
Ability to perform self-directed research using agency guidelines, regulatory policies and state level compliance guidelines
Benefits
Medical, vision and dental insurances
Bonus programs
Fitness reimbursement
Other healthy life-style programs through our benefits carrier
401k plan with a company match
Short and long-term disability
Life insurance
Accident and critical illness insurance
Health savings account
Flexible spending account
Employee assistance program
Legal services
Employee discounts
Company
Xactus
Xactus is the leading verification innovator for the mortgage industry.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Sasha Stair
Chief Marketing Officer
Recent News
GlobalFinTechSeries
2025-11-07
HousingWire.com
2025-11-01
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