Appraisal Reviewer

Description: Reporting directly to the Appraisal Supervisor, this person facilitates all value-related disputes and ensures compliance of company, industry, and regulatory agency standards during the appraisal process. This role is responsible for functioning as an appraisal subject matter expert to ensure Lima One Capital, industry, and regulatory appraisal standards & requirements are met. They will perform reviews and evaluations of all appraisals completed to ensure compliance with regulatory guidelines. Determine levels of appraisal quality and deficiencies to govern Lima One Capital’s list of ineligible appraisers and/or reporting to state appraisal licensing boards. Duties and Responsibilities:

• Review standard appraisals and any additional provided documents for consistency. Ensure appraisal conforms to company, industry and other regulatory agency standards.
• Ensure the appraisal review includes a thorough analysis of the appraisal report for reasonable assumptions, appropriate technical analysis, current market conditions, and ensures compliance with USPAP and Lime One Capital guidelines.
• Provide evidence of review with relevant comments regarding validity of conclusions, adequacy of due diligence, etc. Also, provide an in-depth analysis of the appraisal that will help underwriters make sound judgment decisions regarding the collateral aspect of the loan and ultimately limit collateral risk.
• Respond to valuation questions and disseminate valuation guidelines and requirements with internal/external customers.
• Maintain thorough and up-to-date knowledge of the Uniform Standards of Professional Appraisal Practice, the Appraiser Independence Requirements (AIR) and company valuation guidelines that are pertinent to the appraisal review process.
• Confirm AIR compliance and evaluate subsequent revised appraisal reports.
• Maintain a good working relationship with the Appraisal Management Companies and panel appraisers while monitoring appraisal orders, value dispute requests, and status inquiries.
• Perform analysis and review of appraisals utilized for Lima One Capital securitization projects.
• Process escalated requests from lending business units or underwriting, for appraisal reviews for lending business units, and underwriting on complex property types.
• Track all completed services to assist in the creation of monthly business reviews when necessary.
• Triage value reconsideration requests for compliance and relevancy and review all subsequent revised appraisals.
• Other duties may be assigned.

Requirements: Equivalent Education Level Required: State Certified Appraiser license required Required Experience, Knowledge, Skills and Competencies:

• Minimum of 5+ years’ experience in real estate appraisals
• Real estate appraisal experience in both traditional and/or investment bank environments.
• Knowledge of principles, practices, methods and techniques of real estate appraisal.
• Ability to recognize and interpret real estate sales/rental data and market trends.
• Ability to utilize data resources and internet services to evaluate appraisal value conclusions.
• Time management skills – ability to manage multiple priorities and clients at the same time.
• Ability to assess the stability of a property’s value and/or income, relative to its market.
• Ability to think autonomously while exhibiting initiative and sound judgment to address issues relating to the appraisal and make appropriate recommendations as they relate to risk.
• Excellent analytical and communication skills, including written and oral.
• Work independently in a fast-paced environment while collaborating within a team setting.

Preferred Experience, Knowledge:

• Real estate review experience
• Experience as an in-house review appraiser within the mortgage industry
• National real estate valuation experience

What We Offer: Industry Leading Benefits:

• Medical, Dental and Vision Insurance
• Life Insurance, Short-Term Disability, and Long-Term Disability
• Hospitalization and Accidental Insurance
• Flexible Spending Accounts – Health and Dependent Care
• Health Savings Account
• Safe Harbor 401K with company match
• Growing Families Support (including paid parental leave, infertility support and assistance, childcare reimbursement, and elder care)
• Pet Insurance

Work Life Balance: 12 paid time off days and 5 sick days, in addition to 12 paid holidays – that’s about a month of time to rest, relax, and recharge every year. Career Development: We prioritize the growth and success of our team members. You'll benefit from continuous learning opportunities, dedicated mentorship, and the chance to refine your skills and advance your career. New Headquarters: Join us in our brand new, thoughtfully designed office in the heart of Downtown Greenville (parking is paid for!) Why Lima One? At Lima One Capital we’re relentlessly focused on a simple but powerful goal: to be the nation’s premier lender for real estate investors. I Apply tot his job Apply To this Job