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!

Who You Are

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

The Benefits We Offer

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 eligibility and payout are evaluated monthly and subject to the terms, conditions, and eligibility requirements in effect at the time of payment.

Summary

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.

Essential Duties and Responsibilities

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.

Qualifications

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

Education and/or Experience

Associate's degree or equivalent work experience
Current Residential Appraiser license
A minimum of five (5) years of residential experience
Ability to work well independently; self-motivated
Strong critical thinking and problem-solving skills
Demonstrable knowledge of appraisal concepts
Working knowledge of Microsoft Office products, internet search skills, and the ability to operate standard office equipment
Ability to grasp new technology and computer applications quickly
Strong written and oral communication skills
Comfortable working at a fast pace
Ability to work overtime (OT) when needed
Appraisal review experience preferred but willing to train the right candidate
National review experience a plus
Banking or lending background is a plus
Secondary market or portfolio evaluation experience a plus

Working Conditions

Traditional office environment with low-to-moderate office noise (computers, phones, and business conversations)

Physical Demands

Xactus promotes an equal opportunity workplace, which includes reasonable accommodations of otherwise qualified disabled applicants and team members. Please contact your supervisor with questions regarding the physical demands of this position.

Lifting/carrying up to 10 lbs.
Manual dexterity for computer work
Speaking, hearing and vision are required to perform essential functions.

Additional Information Regarding Employment With Xactus

If applying for a position at Xactus, candidates must be a resident of the United States, and should be authorized and eligible for employment in the United does not provide visa sponsorship at this time.

If hired to work at Xactus, employment is contingent upon successful completion of required background checks and pre-employment drug screening.

Review Appraiser

Job Description