Job Description

Jmac Lending Opportunity

With over 25 years of experience, JMAC Lending has been dedicated to enhancing the client experience through our cutting-edge products, outstanding service, and unwavering support. We are committed to empowering our partners and driving business growth together. Our culture is centered around exceeding current market options, making us the preferred lender for our clients. Our team boasts impressive credentials and engages in continuous learning, ensuring a perfect blend of knowledge and expertise. Built on a foundation of ethical integrity, our company efficiently and skillfully delivers competitive product pricing for both wholesale and correspondent lending, prioritizing our clients' needs.

Coordinates the appraisal functions and maintains the internal/external pipeline on behalf of the JMAC appraisal department. Responsible for placing appraisal orders with approved AMC and fee panel, reviewing appraisal reports in accordance to JMAC's, FHA's, investor's, and USPAP guidelines upon receipt, supporting sales teams and operations with appraisal issues and negotiating turn times with appraisers and vendors and guarantee quality reports completed by appraiser.

This is a full-time/fully remote opportunity with working hours from 8:00am-5:00pm in any US time zone Monday-Friday offering competitive pay ranging from $22.08--$25.92 per hour.

Key Responsibilities:

• Examine and allocate appraisal orders to ensure they are accurate.
• Keep track of schedules and deadlines to guarantee timely receipt of appraisal orders.
• Create or reissue Mercury Network logins for clients.
• Provide training to clients on using the Mercury Network as necessary.
• Check appraisal fees for accuracy and compliance.
• Confirm that outstanding appraisal fees are collected.
• Process charges and refunds via credit cards through Authorize.net.
• Reconcile appraisal fee transactions with the accounting department.
• Upload required data and appraisal items into Encompass for review by relevant parties.
• Send unconfirmed appraisal receipts to borrowers via mail or email.
• Address feedback and resolve any issues that may arise during the appraisal process.
• Ensure all communications received in the appraisal mailbox, including appraisal transfer requests and revisions from underwriters, are handled promptly.
• Support clients and internal teams, including underwriting, QC, and post-closing, with appraisal orders and inquiries within the Mercury Network or VA WebGLY systems.
• Manage and resolve complaints related to AMCs.
• Evaluate AMC performance by analyzing Mercury Network reports.
• Update AMCs with appraisal exclusion lists as needed.
• Vet and onboard new AMCs.
• Revise appraisal resources, training materials, policies, and procedures as appropriate.
• Effectively train Appraisal Coordinators to meet company standards.
• Provide ongoing training to ensure compliance with investor and company policies.
• Hold staff accountable for achieving goals and completing assignments, taking necessary actions when challenges arise.

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