Lending Compliance Audit

Banks and financial institutions offering consumer loans must stay up to date with the most recent lending laws to remain in compliance. Understanding these laws and their requirements is a critical part of consumer lending. Loan compliance regulations involve everything from accepting applications and approving credit to collecting payments and sending compliance reports to the government.

Having an experienced consultant by your side to guide you through these requirements can save your company valuable time and help you avoid potential penalties down the road. Lending compliance audits ensure your loans meet all necessary underwriting guidelines and federal regulatory requirements.

Identifying Issues With Lending Compliance Regulations

A lending compliance audit aims to identify and document known compliance issues with your lending program under federal regulations. Audits can range in scope, from credit card regulations to TILA-RESPA integrated disclosures to the requirements of the Home Mortgage Disclosure Act. Each audit is tailored to your institution's specific risk profile and covers the following regulations:

  • Truth In Lending Act (Reg Z)
  • Real Estate Settlement Procedures Act (Reg X)
  • Equal Credit Opportunity Act (Reg B)
  • Home Mortgage Disclosure Act (Reg C)
  • Fair Credit Reporting Act (Reg V)
  • Fair and Accurate Credit Transactions Act (FACTA)
  • Flood Disaster Protection Act (FDPA)
  • Consumer Protection in Sales of Insurance Act (Reg H)
  • Fair Housing Act (FHA)
  • Fair Debt Collection Practices Act (FDCPA)
  • Homeowners Protection Act (HPA)
  • Military Lending Act (MLA)
  • Servicemembers Civil Relief Act (SCRA)
  • Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act)

During discovery, we will outline all the audit details to ensure you meet the necessary loan requirements. We'll also analyze loan time frames and confirm prompt report delivery. The audit findings will provide an overall rating and reveal any prospective compliance issues.

The 10-D team has developed a thorough reporting process that offers information about compliance risks in a universally understandable language and format. 

Could You Benefit From a 10-D Lending Compliance Audit?

Regulatory compliance is one of the most significant challenges lenders face today. Navigating the complex language of financial regulation can leave even the most knowledgeable lender wondering whether they have met all the loan requirements. A compliance audit offers an opportunity for lenders to resolve apparent inconsistencies in bank procedures or documentation methods before they become problematic later.

Your institution might benefit from a 10-D compliance audit if:

  • You need a fast turnaround for deliverables and reports.
  • You want savings compared to the fees required from larger accounting firms.
  • Your institution's management team lacks the resources and time to conduct their own loan reviews.

The Scope of Our Work

10-D's lending compliance audits address regulatory compliance and risk management from all angles to ensure full compliance in a quickly evolving landscape. Our audit follows industry best practices and all federal regulatory requirements. We customize each engagement to your institution's unique needs. We also offer on-site and remote audits for your convenience.

The 10-D Compliance Difference

10-D offers various loan auditing services to guide you through the most complex compliance issues. Our team's extensive knowledge and deep understanding of the laws and regulations ensure the most optimal outcomes.

We stand out from the competition in a few key ways. We employ former compliance officers and examiners with vast experience and in-depth knowledge to conduct our audits. We also provide professional, concise, and easy-to-read reports in a timely fashion.

Connect With the 10-D Compliance Team Today

Working with 10-D Compliance for your compliance needs is one of the most beneficial and cost-effective decisions your institution can make. We'll customize an approach unique to your application to solidify risk management and ensure long-term protection down the road. Contact our team today to get started.


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The 10-D Compliance Difference
  • Our audits are performed by former compliance officers, auditors, and examiners with vast experience of the inner workings of financial institutions AND in-depth compliance knowledge.
  • We provide concise, professional, and easy to read reports delivered promptly.
You would benefit from a 10-D
Lending Compliance Audit if
  • You require quick turnaround of reports and deliverables.
  • Your budget constraints do not allow for “Big Accounting Firm” prices.
  • Your management values their time and lacks resources to conduct their own reviews.

Keep your institution off the evening news.


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