Correspondent Credit Auditor
Description
The Correspondent Credit Auditor is responsible for ensuring that closed loan files meet all internal policies, investor requirements, and CMG guidelines. This role conducts detailed reviews of loan files to assess accuracy, completeness, and compliance with agency standards. The Correspondent Credit Auditor plays a critical role in upholding the company’s commitment to quality, mitigating risk, and supporting a superior lending experience for our partners.
ESSENTIAL DUTIES and RESPONSIBILITIES, includes the following responsibilities, but not limited to:
- Respond promptly and professionally to lender status calls, providing immediate coordination for clearing conditions and moving files forward.
- Coordinate special file or customer needs with the appropriate internal staff.
- Maintain ongoing communication with customers regarding condition status, file movement, and outstanding requirements.
- Review and clear purchase conditions in accordance with investor and agency guidelines.
- Answer product-related questions and resolve customer service issues as needed.
- Manage pipeline reports to ensure data accuracy, reporting integrity, and consistent file movement.
- Demonstrate strong product, underwriting, and compliance knowledge.
- Maintain accurate data entry in Byte to track file progress and status.
- Prioritize multiple tasks and deadlines effectively in a fast-paced environment.
REQUIRED & PREFERRED QUALIFICATIONS AND EXPERIENCE:
- 3–4 years of mortgage industry experience; minimum 2 years as a Underwriter.
- Strong competency in reviewing and signing off underwriting conditions.
- Proven experience in customer service–focused roles.
- Byte system experience preferred.
- Excellent organizational, verbal, and written communication skills.
- Proficiency in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint).
- Ability to thrive in a fast-paced, fluid environment.
- High level of integrity, professionalism, and confidentiality.
- Flexibility in decision making with strong problem-solving skills.
SUPERVISORY RESPONSIBILITIES:
Direct Reports: N/A
PHYSICAL and ENVIRONMENTAL CONDITIONS
This role operates in an ADA compliant office environment, utilizing typical office equipment and tasks including computer work. The position may involve partial stationary positions and moving throughout the day. Flexibility to work overtime to meet project deadlines is required.
Base Compensation Information – For residents of the states of CA & CO, and for New York City + other areas requiring disclosure:
CMG pays a competitive salary which ranges from $85,000 to $95,000. Factors that affect the salary may include: Underwriter experience and designations, overall knowledge, number of years worked in mortgage industry, types of roles performed, computer skills, experience specific to working with mortgage lenders, and education.
CMG Financial is an equal opportunity employer and does not unlawfully discriminate in employment decisions. CMG will consider all qualified applicants without regard to race, religion, national origin, sex, age, veteran status, disability, familial status, marital status, actual or perceived sexual orientation, or actual or perceived gender identity. Applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of CMG Financial or reach out to [email protected].
CMG MORTGAGE, INC. NMLS #1820 If you are a recruiter or placement agency, please do not submit resumes to any person or email address at CMG Financial prior to having a signed agreement . CMG Financial is not liable for and will not pay placement fees for candidates submitted by any agency other than its approved recruitment partners. Furthermore, any resumes sent to us without an agreement in place will be considered your company’s gift to CMG Financial and may be forwarded to our recruiters for their attention.