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Quality Control
How do I create a Quality Control (QC) Report?
These procedures are outlined in your QC plan, but it's essential first to understand the scope of a review. Once you've completed a review, the report is just a compilation of what you found.
Last updated on 03 Nov, 2025
There are three different areas in which we conduct QC Reviews - at application, at underwriting submission, and after (post-closing) closing. The scope of the review depends on whether you are responsible for underwriting/approval and/or closing documents.
Most correspondents and brokers use third parties for approval and closing. These functions do NOT need to re-underwrite loans or review closing documents, except for document retention review.