Appraisal Reviewer
Liberty Reverse Mortgage

Job Info

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Job Description

Under the supervision of the Supervisor, Operations the Appraisal Reviewer evaluates third party appraisals in accordance with established policies and procedures, appropriate guidelines and USPAP requirements; examines all supporting documentation for accuracy and completeness.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Examples below:

• Review and analyze wholesale and retail files submitted appraisals accuracy, completeness, and compliance with internal and regulatory guidelines to minimize property risk factors
• Make calls to appraisers, brokers and real estate agents for missing data/documents
• Review all required loan data, reports, and inspections to ensure the collateral is acceptable to investor, company, and FHA guidelines
• Able to maintain daily production requirements and SLA's
• Responsible for making independent decisions regarding acceptance and risk of appraisals according to HUD, company, USPAP and investor guidelines
• Evaluation of the appraisal includes but is not limited to the review of the appraisal to ensure FHA/lender/investor guideline compliance, determining property eligibility, evaluation of property condition and necessary repairs, validating data integrity of the appraisal, identifying significant discrepancies in valuation, sales comparison approach analysis, review of the comparable sales and market data, and determining acceptability of the appraisal's value conclusions
• Provides final approval/denial underwriting of FHA HECM appraisals
• Completes all required paperwork and forms in a timely accurate manner/ prepares required forms
• Signs off appraisal conditions in a timely manner set by management
• Work with staff and management to find solutions on escalated appraisals
• Manage appraisals by using all functions of Mortgage Cadence (Tasks, Comments, Case Information)
• Effectively communicate appraisal underwriting decisions with processors, advisors and pipeline managers
• Maintain high level of customer service and communication with the other departments
• Make appraiser/AMC recommendations based on historical performance and current volumes

Qualifications:

To perform this job successfully, an individual must have the following education and/or experience:

• Certified Residential Appraiser license preferred, minimum requirements as an appraisal trainee required
• One or more years related appraisal experience
• Thorough working knowledge of real estate documentation, policies, compliance, and procedures
• High level of proficiency with mortgage loan appraisal processing and underwriting systems
• Commitment to excellence and standards
• Excellent written and oral communication skills
• Strong organizational, problem-solving, and analytical skills
• Ability to manage priorities and workflow
• Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
• Acute attention to detail
• Proficient on computer programs required for position
• Excellent customer service skills
• Proven ability to handle multiple projects and meet deadlines
• Strong interpersonal skills
• Good judgment with the ability to make timely and sound decisions
• Ability to effectively present information and respond to questions
• Ability to effectively communicate with people at all levels and from various backgrounds

Training / Licensing Requirements:

• Must pass the Company's Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.

This job has expired.