QC TIPS

Want to bring your QC ratio up 20 percentage points or more? Less than 10 minutes upfront can help get your loans QC passed with minimal rework.

  1. Ensure all documents are signed/dated/notarized from the settlement company.
  2. Activate and transfer MI certificate to MMS.
  3. Double check that the final loan application is signed properly.
  4. Ensure a copy of the corporate assignment is signed and notarized in the file.
  5. Upload the verbals to the VLF.
  6. Confirm the tax returns have live signatures and are placed in the file.
  7. Document when and what method of delivery was used for the loan estimate and closing disclosures on the timing and delivery screens on the loan summary in Mortgage Cadence or your LOS system.
  8. Ensure you are delivering to MMS the full package by rate lock expiration or within 10 days of closing – whichever comes first. If the rate is expired, please work with the pricing department to extend.
  9. Double check the entire file to ensure it is complete before sending to QC.

  • In today’s mortgage market, products are just products. Choosing the right partner really comes down to trust. Members Mortgage Services is superb at delivering on the big things, and even better at delivering the little, unexpected ones.

    Angie M. President Emporia State Federal Credit Union

  • Our loan portfolio grew 433% in the first six months of our MMS relationship. I would never have been able to handle this significant increase in volume had it not been for the entire MMS team as well as the technology they offer. With MMS, Archer Credit Union is finally able to be a competitive force in mortgage lending in our community.

    Sarah C. Senior Mortgage Loan Officer Archer Credit Union

  • By refocusing our mortgage efforts on origination, Credit Union of America has gone from being a minor player in mortgage lending to the #1 lender in the Wichita market. Partnering with MMS was the key to this success.

    Eileen P. SVP/Chief Operations Officer Credit Union of America