Review Appraiser - Remote

WHO WE ARE:

Xactus (pronounced ‘Zac-tus’) is the leading verification innovator for the mortgage industry. We have over 6,500 clients ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. Xactus works closely with our clients to digitally integrate a 360° approach to verification across their workflows. As a result, lenders can easily access the technology necessary to meet consumer demands for a modern mortgage experience with industry-leading speed, reliability, and accuracy – while also closing more loans more quickly with greater profitability.

Xactus is proud to provide a friendly work environment that is primarily remote (unless specifically a hybrid or on-site role). Our remote workforce provides many opportunities for you to enhance your skills while maintaining a healthy work/life balance.

Our top-notch financial leadership team prioritizes building talent. If you are curious and searching for a change that will be fun and rewarding, please reach out to us! We would love to have you on our team!

You are a career-minded, driven individual who is looking for a position that challenges you and supports your professional development.

A friendly, supportive environment which is highly rated by Xactus employees. Feedback from our employees says: “The people I work with treat each other with respect,” “I feel accepted by my coworkers,” and “The person I report to cares about me as a person.”

Xactus offers medical, vision and dental insurances, bonus programs, fitness reimbursement and other healthy life-style programs through our benefits carrier, 401k plan with a company match, short and long-term disability, life insurance, accident and critical illness insurance, health savings account, flexible spending account, employee assistance program, legal services, employee discounts and more.

This position is eligible for a monthly production based bonus, typical bonus averages between $600-$1000 per month based on individual productivity, quality metrics, and service level expectation. Bonus eligibility and payout are evaluated monthly and subject to the terms, conditions, and eligibility requirements in effect at the time of payment.

We are seeking an individual with an outstanding work ethic and a history of success in the Appraisal field to join our team as a full-time Review Appraiser. The ideal candidate will demonstrate initiative, integrity, honesty, professionalism, and will maintain ownership of their work.

• Review and analyze appraisal reports for accuracy and adherence to industry guidelines and applicable government regulation.
• Advise appraisers to clarify or correct information in appraisal reports.
• Ensures borrower/lender requests for a Reconsideration of Value (ROV) comply with FHFA ROV Guidelines and Appraiser Independence Requirements prior to their being sent to the appraiser. Verifies the appraiser’s response to an ROV requests is sufficient and compliant prior to forwarding the response to the lender/borrower.
• Provide feedback to appraisers on their performance and areas of improvement when appropriate.
• Maintain knowledge of current real estate market trends.
• Prepares and presents reports on appraisal quality and findings.
• Participates in training new Staff Appraisers and/or Review Appraisers.
• Work with legal descriptions and associated MLS data regarding multiple real estate properties.
• Proactive and effective communication with Appraisal Desk staff to minimize delays or problems in the review process.
• Communicate effectively with internal stakeholders, providing clear and comprehensive information.
• Collaborate with team members to continuously improve processes and deliverables.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Associate’s degree or…