What are the responsibilities and job description for the Real Estate Loan Quality Control Auditor/Processor position at ILS Legacy Group?
Real Estate Loan Quality Control Auditor/Processor
About Investor Loan Source
Investor Loan Source is a premier private lender specializing in real estate investment loans. We are committed to delivering exceptional loan services while ensuring compliance with industry regulations. We are seeking a Real Estate Loan Quality Control (QC) Auditor/Processor to join our team. This role is ideal for a detail-oriented professional with strong analytical skills and experience in loan auditing, processing, and compliance.
Job Responsibilities
Quality Control & Auditing:
- Review loan files for accuracy, completeness, and compliance with company policies, investor guidelines, and regulatory requirements.
- Conduct pre- and post-closing audits to identify discrepancies or missing documentation.
- Verify income, credit, assets, and appraisal reports to ensure compliance with underwriting guidelines.
- Ensure all loan files meet federal and state lending regulations.
- Analyze and interpret real estate legal documents, including Deed of Trust, title commitments, closing disclosures, and more.
Loan Processing & Compliance:
- Process real estate loans from application to closing, ensuring all documentation is collected and reviewed for accuracy.
- Identify and resolve deficiencies in loan files before submission to underwriting and closing.
- Maintain up-to-date knowledge of industry regulations, investor guidelines, and compliance requirements.
Risk Management & Reporting:
- Identify potential fraud or risk factors in loan applications and escalate issues as needed.
- Prepare audit reports detailing findings, discrepancies, and recommendations for corrective actions.
- Collaborate with underwriters, loan officers, and compliance teams to address concerns.
Communication & Documentation:
- Serve as a liaison between borrowers, loan officers, and closing agents to ensure a smooth loan process.
- Communicate audit findings and required corrections clearly and professionally.
- Maintain accurate and organized loan files and records for internal and external audits.
Qualifications
- Education: High school diploma required; associate’s or bachelor’s degree in finance, business, or a related field preferred or 3 years related industry work experience.
- Industry Knowledge: Strong understanding of mortgage loan processing, underwriting guidelines, and regulatory requirements.
- Real Estate Legal Knowledge: Ability to read, comprehend, and interpret real estate legal documents such as contracts, title reports, and settlement statements.
- Attention to Detail: Ability to detect discrepancies in loan documents and ensure accuracy.
- Technical Skills: Proficiency in loan origination systems, MS Office Suite.
- Communication Skills: Excellent written and verbal communication skills for reporting and team collaboration.
- Problem-Solving: Ability to analyze issues, provide solutions, and ensure loan files are audit-ready.
Benefits
✅ Competitive Salary
✅ Health, Dental, and Vision Insurance
✅ 401(k) with Company Match
✅ Paid Time Off & Holidays
✅ Career Growth Opportunities
Location: Houston, TX 77084
Hours: Full Time, Monday – Friday
Compensation: $20.00-$22.00/ hour depending on experience
💼 How to Apply
If you are detail-oriented and passionate about ensuring loan accuracy and compliance, we’d love to hear from you!
Salary : $20 - $22
