Lenders Compliance Group®
Creating a Culture of Compliance®
MEMBER OF NATIONAL ORGANIZATIONS
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LCGQC Solutions
Quality Control
Auditors evaluate each sampled loan file to determine whether the file meets applicable agency and program guidelines including, but not limited to: FANNIE MAE, FREDDIE MAC, FHA, VA, USDA/RHS, FHLB, HECM, HELOCS, PORTFOLIO.
Quality Control: Post-Closing
Quality Control: Pre-Funding
Quality Control Plans: Originations
Post-Closing
Quality Control pursuant to the published requisites of Fannie Mae, Freddie Mac, HUD/VA, and investor guidelines.
Competitive pricing, and excellent turn-around times.
Enhanced management reports with an Executive Summary, many loan level detail reports, trend analysis reports, severity levels and defect rates.
Pre-Funding
Pre-Funding Audits identify issues in a pending loan transaction that should be cured prior to closing.
Since expediency is essential to Pre-Funding Audits, we provide a 24 hour and a 48 hour option for the completion and return of audit results.
Brandy George, Six Sigma, Executive Director
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Quality Control FAQs is an expression of our commitment to the mortgage community.
Our FAQs are published here and in our newsletter periodically.
Selected 2024 Quality Control FAQs
Jan. 12, 2024 – Sample Size: Prefunding
Jan. 12, 2024 – QC Cycle: Post-Closing
Feb. 13, 2024 – Defect Rate Calculations
Selected 2024 Download Presentations