Mortgage Loan Audit Services
Close Compliance Gaps Before They Become Costly Problems
Meet agency, investor, and regulatory requirements by identifying risk before it leads to fines or repurchase demands.
Benefits of Expert Mortgage Audit Services
Less Risk, More Confidence in Every Loan
Strong mortgage quality control is both a requirement and a competitive advantage. MetaSource’s mortgage audit services give lenders, servicers, and housing finance agencies (HFAs) the expert oversight to ensure compliance and improve loan quality with confidence.
Minimize Repurchase Risk
Identify defects before they result in costly violations or buyback demands.
Scale Without Adding Overhead
Meet quality control requirements at any volume with our variable cost model.
Gain Actionable Insights
Uncover systemic issues and make faster decisions with advanced reporting.
Mortgage Audit Services for Every Stage of the Loan Lifecycle
From origination through servicing, you can ensure compliance with expert mortgage loan audit services executed by experienced industry professionals, built on defined review frameworks, and accompanied by technology that keeps pace with evolving requirements.
Pre-Fund QC Audit Services
Detect errors, high-cost violations, and fraud before funding and satisfy pre-fund QC requirements, so you can sell loans with confidence.
Post-Close QC Audit Services
Manage risk and ensure compliance all while reducing QC costs with post-closing audits that maintain impressive turn times.
Servicing QC Audit Services
Comply with agency and regulatory guidelines with our comprehensive suite of over 20 servicing QC audits.
MERS Audit Services
Simplify MERS compliance with third-party annual review services and loan QA services, which include document and MERS timing reviews.
Success Story
Full-Service Mortgage Company Reduces QC Costs by 15%
By outsourcing mortgage loan audits to MetaSource, First Colony Mortgage has significantly saved on quality control costs.
The Purpose-Built Technology Behind Our Mortgage Audit Services
Audit results are only valuable if your team can act on them quickly. That’s why at MetaSource, we pair our mortgage loan audit services with trusted platforms that turn data into actionable insights.
When you use our pre-fund, post-close, or servicing QC audit services, you gain access to our mortgage QC software, QLink™, which provides secure access to findings and analytics. Our MERS data reconciliation software, mintrak2®, automates the most time-consuming part of MERS compliance.
“MetaSource has helped alleviate the burden of mortgage compliance auditing.”
First Colony Mortgage
“Overall, [QLink] has saved time, improved communication across teams, and supported our broader objective of operational excellence and risk mitigation.”
CLM Mortgage
Frequently Asked Questions
What’s the difference between mortgage loan audit outsourcing and mortgage audit software?
Mortgage QC audit software supports tracking and reporting. Audit outsourcing ensures the work itself is executed accurately and consistently. MetaSource combines both, bringing structured processes, experienced industry professionals, and purpose-built technology together to deliver solutions that reduce risk, increase efficiency, and lower costs all at once.
What makes MetaSource different from other mortgage audit partners?
At MetaSource, we take pride in helping our clients succeed, which is why we’re always updating our processes and software, communicating with clients to ensure we’re meeting expectations, and staying up to date with agency and regulatory compliance guidelines. And unlike other partners, we don’t stop at quality control services. We offer solutions to meet lenders’, servicers’, and investors’ needs throughout the entire mortgage process.
What am I required to audit?
The general rules to follow to comply with FHA, Fannie Mae, and Freddie Mac quality control guidelines are:
- Audit 10% of your pre-fund, closed, and cancelled/denied loan files.
- Complete the audit within 90 days of closing.
- Audit 100% of early payment default (EPD) files for FHA loans.
FHA also requires, as part of the overall QC audit, that a field appraisal review be completed on 10% of the audited closed loans (or 1% of a company’s closed FHA loans).
Additionally, every MERS Member is required to perform an annual review, and those servicing more than 1,000 loans are required to use a third-party service.
Ensure Compliance & Mitigate Risk with MetaSource
Connect with us today to discover how we can help you strengthen compliance with expert mortgage loan audit services.