Post Funding QC
Post Close QC reviews that are completed by experienced mortgage professionals.
- Random & Statistical Sampling Post-Close
- Discretionary Post-Close
- Early Payment Defaults
- Customized Post-Close
- Cancelled/Denied/FHA Rejected/Adverse Action
- Perform complete closing package review: Note, Mortgage, all Disclosures
- Verify all signatures are dated and notarized per closing date
- Re verify Loan Estimates and Closing Disclosures with valid Change of Circumstance to confirm all fees and changes are in compliance
- Make sure all of the following matches the Loan QC: credit, income, asset, appraisal report, title report, sales contract, HOI, master insurance policy and flood policy
- Loan review as per specific investor requirements and prepare investor specific documents
- Provide rating on the complexity of the loan
- Work with various internal departments as well as external organizations to obtain closing related documentation or obtain necessary information needed to complete a closing (i.e., payoffs, subordination's, release's, tax, title, homeowners/flood information).
