loanDepot · 1 month ago
Appraisal Coordinator
Southfield, MI
Full-time
Onsite
Entry Level
$18/hr - $22/hr
1+ years exploanDepot is a digital commerce company committed to serving its customers throughout the home ownership journey. The Appraisal Coordinator manages the logistics of property appraisals, ensuring timely scheduling and communication between appraisers, lenders, and borrowers, while also reviewing appraisal reports for accuracy and addressing any discrepancies.
BankingFinanceFinancial ServicesMortgageReal Estate
Responsibilities
Orders appraisal services and conditions in accordance with department policy and procedure, and tracks order through delivery with emphasis on delivery to meeting Close of Escrow or Appraisal Contingencies
Proactively manages the relationship with Branch/Regional Production and Operations team members, Appraiser and Appraisal Management Companies (AMC) throughout the appraisal life cycle
Manages multiple reports and/or queues for effective pipeline management and issue identification/ escalation for order delivery in compliance with department standards
Monitors and performs all necessary follow-up with all stakeholders to ensure timely delivery or to communicate changes
Analyzes requests and uses knowledge of both regulations and appraisal policies to determine completeness and appropriateness of requests based on property type, ownership interest, value scenarios and loan type
Responsible for prioritizing and balancing daily workload and escalating for management attention when appropriate
Serves as the front-line for appraisal department meeting its service level accountability targets to the organization
Serves as primary operator of the appraisal tracking system and is responsible for maintaining the appraisal tracking system and ensuring all jobs are correctly logged in, monitored, and logged out
Effectively maintains and manages a pipeline of loans, ensuring accuracy, and completeness
Communicates with internal and external customers regarding file status and follow up including heavy phone communication and relationship building with our panel of vendors
Ensures that communication with our customers is accurate, timely and professional based on company standards
Qualification
Required
Minimum one (1) year in the Mortgage Industry required
Ability to effectively communicate in high volume environment with internal customers and AMCs via phone, email and/or a web-based order and tracking system
Demonstrates a knowledge of investor and agency appraisal requirements related to conventional, FHA and Jumbo programs
Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook
Preferred
High School diploma or General Education Degree (GED) preferred
Benefits
Comprehensive benefits package including Medical/Dental/Vision.
Wellness program to support both mental and physical health.
Generous paid time off for both exempt and non-exempt positions.
Company
loanDepot
loanDepot is an independent retail mortgage lender that provides residential loans, refinance loans, and personal loan products nationwide.
1001-5000 employees
H1B Sponsorship
loanDepot has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (14)
2024 (7)
2023 (20)
2022 (49)
2021 (39)
2020 (23)
Funding
Current Stage
Public CompanyTotal Funding
$831.95MKey Investors
Parthenon Capital Partners
2025-08-19Post Ipo Debt· $150M
2025-06-02Post Ipo Debt· $200M
2024-09-30Post Ipo Debt· $300M
Leadership Team
David Smith
VP of National VA Lending
Jeffrey Wilkish
Regional Vice President
Recent News
2026-01-16
2026-01-11
Company data provided by crunchbase