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!
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
FHA published an update to the Single Family Housing Policy Handbook (SF Handbook 4000.1). The update includes minor policy changes and technical edits, and incorporates
FHA issued Mortgagee Letter 2025-4, revising requirements for documenting and calculating income received from individuals renting space inside borrower homes (boarder income). Per the Mortgagee
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