Residential Mortgage Loan Quality Control Underwriter

NPAworldwide; Buffalo (NY); Hybrid; USD 80,000 - 95,000; Full time

Job summary

NPAworldwide in Amherst, NY is seeking a Residential Mortgage Loan Quality Control Underwriter to join a hybrid team focused on post-closing file Reviews and risk mitigation. You will re-underwrite loans to verify adherence to investor guidelines and regulatory requirements.

Ideal candidates have 5–7 years in residential mortgage, with exposure to Conventional, Jumbo, Non-QM products, and strong analytical, documentation, and communication skills.

Qualifications

• 5–7 years of experience in residential mortgage underwriting or QC.
• Experience reviewing Conventional, Jumbo, Non-QM and non-conventional loans.
• Proficiency with mortgage documentation and investor guidelines.
• Strong ability to document findings and recommend corrective actions.
• Familiarity with TRID, TILA, RESPA and related regulations is preferred.

Responsibilities

• Post-closing QC reviews of residential mortgage loans.
• Re-underwrite files to confirm compliance with guidelines.
• Analyze borrower income, assets, liabilities, and collateral.
• Recalculate income, DTIs, and asset values as needed.
• Review appraisals, title work, and collateral for completeness.
• Identify fraud indicators and assess loan risk.
• Document findings clearly and propose corrective actions.
• Stay updated on mortgage regs and investor requirements.
• Support QA initiatives and system/process improvements.

Skills

Analytical skills

Attention to detail

Written communication

Verbal communication

MS Office

Tools

CoreLogic

LexisNexis

ComplianceEase

Compliance Analyzer

National Appraisal Registry

PACER

AM Best

DU/LPA

Job description

Residential Mortgage Loan Quality Control Underwriter - Hybrid

Amherst, NY

Are you an experienced mortgage underwriter who enjoys digging into the details and ensuring loan quality? We’re seeking a Residential Mortgage Loan Quality Control Underwriter to join a collaborative team responsible for conducting comprehensive reviews of previously closed residential mortgage loans. This role is ideal for someone who enjoys analytical work, regulatory compliance, and identifying opportunities to mitigate lending risk.

You’ll play a key role in reviewing residential mortgage files for adherence to investor guidelines, regulatory requirements, and underwriting standards while working alongside experienced professionals in a quality-focused environment.

What You’ll Do

• Perform comprehensive post-closing quality control and representation & warranty reviews of residential mortgage loans.
• Re-underwrite mortgage files to evaluate compliance with underwriting, investor, and agency guidelines.
• Analyze borrower credit, income, assets, liabilities, collateral, and supporting documentation.
• Recalculate debt-to-income ratios, income, and asset calculations when necessary.
• Review complex self-employed borrower tax returns and financial statements.
• Evaluate appraisals, title work, and collateral documentation for completeness and marketability.
• Identify fraud indicators and assess overall loan risk.
• Document findings clearly and provide recommendations for corrective action when appropriate.
• Stay current on mortgage regulations, investor requirements, and underwriting guideline changes.
• Support quality assurance initiatives and assist with internal system testing and process improvements.

What We’re Looking For

• 5-7 years of experience within the residential mortgage industry.
• At least 3-5 years of recent residential mortgage underwriting experience.
• Experience underwriting Conventional, Jumbo, Non-QM, Business Purpose, and other non-conventional loan products.
• Previous Quality Control (QC), post-closing audit, or forensic loan review experience is strongly preferred.
• Experience working with multiple lender and investor guidelines.
• Condominium and cooperative review experience is a plus.
• Loan closing experience is beneficial.

Technical Knowledge

• Residential mortgage underwriting
• Secondary market and investor guidelines
• Mortgage documentation and title review
• Federal mortgage regulations, including: TRID, TILA, RESPA, QM/ATR, Regulation Z, Fair Lending requirements

Experience with industry tools such as CoreLogic, LexisNexis, ComplianceEase/Compliance Analyzer, National Appraisal Registry, PACER, AM Best, and Automated Underwriting Systems (DU/LPA) is preferred.

Skills for Success

• Highly analytical with exceptional attention to detail
• Organized and able to manage multiple priorities
• Comfortable working independently and collaboratively
• A strong written and verbal communicator
• Skilled at documenting findings clearly and accurately
• Proficient with Microsoft Office and mortgage workflow systems
• Committed to maintaining confidentiality and professionalism

Qualifications

3-5 years of recent mortgage experience

5-7 years of experience in the residential mortgage industry

Why Is This a Great Opportunity

Room for growth.

Stable organization.

Salary

Salary Type : Annual Salary

Salary Min : $ 80000

Salary Max : $ 95000

Currency Type : USD