Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
Primary Function
The Appraisal Coordinator is responsible for assisting in the day-to-day operations of the Corporate Appraisal Fulfillment Department. The department oversees all appraisal assignments in progress for Direct to Consumer, Retail, and TPO channels and ensures all aspects of appraiser independence compliance are met. The Appraisal Coordinator works together with several departments as necessary, including Sales, Collateral Review, Underwriting, Processing, and Production to provide efficient fulfillment of appraisal reports for loan origination.
Principal Duties:
List of required duties below. Distinguish on-site duties with an *. Examples below.
- Ordering and managing of appraisal orders including facilitating the following items as necessary:
- Appraisal payment collection from Customers
- Locating the most qualified appraiser to complete an assignment
- Ensuring that the assigned appraiser has accurate assignment information and supporting documentation to complete the appraisal report
- Obtaining additional information or clarification from Sales, Collateral Review, and Underwriting as needed for the appraiser
- Providing updates to Sales and Processing regarding the status of appraisal assignments.
- Pipeline management includes Conventional, FHA, USDA, non-QM, Jumbo, and VA appraisal orders.
- Comply with all State, Federal, and Company policies, procedures, and regulations.
*These essential functions are fundamental to the role, and must be performed on-site, as they cannot physically be performed remotely. In addition, the Company has determined that an in-person presence is important to critical components of our work, including oversight, training, collaboration, and productivity. Items not marked (*) as essential on-site, may still require partial on-site work to perform the role satisfactorily.
Education and Experience
Required education and experience. Examples below.
- High-school diploma or equivalent
- 1+ years of related experience
- Experience in the mortgage industry a plus.
Knowledge, Skills, and Abilities
Required knowledge, skills, and ability. Examples below.
- Must possess the ability to work efficiently and accurately
- Ability to work in a fast-paced environment
- Must be detail-oriented and demonstrate careful decision-making skills
- Team player with strong communication and customer service skills
- Basic computer skills
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
Company Benefits:
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan
• Performance-based Incentives
• Pet Insurance
• Advancement Opportunities
Newrez NOW:
• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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What We Do
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential Investment Corp. family. More information is available at www.newrez.com.
© 2022 Newrez LLC {f/k/a New Penn Financial, LLC}. All Rights Reserved. {Doing business as Newrez Mortgage in the states of Arkansas and Texas}. {Website approval pending with the New York Department of Financial Services.} This communication does not constitute a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply. Newrez LLC, 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034. Corp NMLS#: 3013 (www.nmlsconsumeraccess.org). Additional licenses available at www.newrez.com. Equal Housing Opportunity.