Pre-Funding Audits are an essential component of a comprehensive Origination Quality Control program. These audits identify issues in a pending loan transaction that should be mitigated prior to closing.
Our experienced team of auditors ensure that your business stays compliant by reviewing your Pre-Funding loan files as required by Fannie Mae, Freddie Mac, FHA, VA, RHS, State Compliance and more.
Time is of the essence when performing Pre-Funding Audits. TENA provides a 48-hour turn time for the completion and return of audit results. The Pre-Funding Audit process includes:
With TENA’s cloud-based platform, TENA Web Services (TWS), clients are able to manage the remediation process for audit findings and receive audit results electronically on any device with a web browser.
Generate reports, assign audit findings, create and monitor action plans and more, with no additional cost to TENA clients. Read more about TWS here.
Contact us today to get started on your Pre-Funding Quality Control reviews!
TENA covers every step in the mortgage review process, from Pre-Funding to Post-Closing to Servicing, and more!
FHA issued Mortgagee Letter (ML) 2025-09 and Title I Letter (TIL) TIL-490 removing loan eligibility for non-permanent residents. Per the ML and TIL, FHA eliminated
RHS issued a SFH Guaranteed Origination Notice (Notice) terminating the temporary loan eligibility for non-U.S. citizens with valid social security numbers and employment authorization documents.
FHA issued Mortgagee Letter 2025-08 rescinding the policy guidance announced in Mortgagee Letters 2021-27, 2024-07 and 2024-16. Mortgagee Letter 2021-27 pertained to appraisal fair housing
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