Residential Mortgage Appraisal Desk Specialist

S&T Bancorp, Inc.; Plum (Allegheny County); On-site; USD 22,000 - 46,000; Full time

Job summary

S&T Bank in Indiana, PA is seeking a Mortgage Appraisal Coordinator to manage the ordering, monitoring, and delivery of residential real estate mortgage appraisals in compliance with bank and investor guidelines and state and regulatory requirements.

You will coordinate appraisals with appraisal management companies and internal teams, review reports for issues affecting turn-times, communicate with borrowers as needed, and ensure timely delivery of appraisal results in accordance with

Qualifications

• Two to five years general experience required.
• Two to five years specialized mortgage experience preferred.

Responsibilities

• Orders all appraisals including re-inspection and construction inspection requests.
• Invoices and processes the payment for the appraisal order.
• Monitors the Appraisal Desk email inbox and appraisal management software to ensure all appraisal orders and correspondence to appraisal management companies and internal customers are placed and responded to within 2 hours.
• Reviews reports within appraisal management software to address any concerns resulting in extended turn-times, overdue appraisals, non-responsive appraisers, orders placed on hold and declined orders.
• Reviews appraisals subject to S&T Bank and investor guidelines and maintains knowledge on all types of appraisal forms.
• Manages collateral risk and property eligibility as part of the underwriting and quality control process.
• Submits and monitors revision requests to appraisal management companies.
• Facilitates requested Borrower appraisal disputes and potential ordering of a second appraisal.
• Responds to questions, concerns and any issues resulting from the review of the appraisal report.
• Delivers approved appraisal report to the Borrower according to regulatory requirements.
• Interacts with appraisal management companies and internal mortgage department staff to facilitate the appraisal from ordering to delivery of the appraisal assignment.
• Excellent communication skills both written and verbal with strong attention to detail.
• Ability to work in a fast-paced environment and able to prioritize.
• Performs additional duties as required

Education

High school diploma or equivalent

Job description

S&T Bank in Indiana, PA is seeking a Mortgage Appraisal Coordinator to manage the ordering, monitoring, and delivery of residential real estate mortgage appraisals in compliance with bank and investor guidelines and state and regulatory requirements.

You will coordinate appraisals with appraisal management companies and internal teams, review reports for issues affecting turn-times, communicate with borrowers as needed, and ensure timely delivery of appraisal results in accordance with