Pre-fund Quality Control
Westmont Solutions can assist lenders with pre-fund quality control audits to ensure that loans are not closed with defects. Pre-funding audits must be a part of a comprehensive mortgage origination review process. These audits reveal defects in a pending loan transaction that must be addressed before the deal closes.
We examine income and liabilities to see whether the underwriter's calculations are accurate.
We check to see if adequate assets and income have been validated.
All documentation pertaining to origination, processing, and underwriting are thoroughly reviewed.