Here at Atlantic Bay, we focus on genuinely caring for both our customers and team. We pride ourselves on being adaptable and energetic, especially in fast-paced environments! Our goal is to continuously inspire growth, for each of our team members to reach their goals and aspirations, all the while having fun. We’re in the business of lending peace of mind, whenever, wherever, however.
Atlantic Bay Mortgage Group, recently voted #1 in the nation as the best large mortgage company to work for by National Mortgage News, is seeking a Collateral Underwriting Analyst/Appraisal Review Specialist to join our team!
This role offers the opportunity to leverage strong analytical, communication, and customer service skills to perform comprehensive quality reviews of residential mortgage appraisals. The ideal candidate will demonstrate sound judgment, regulatory knowledge, and the ability to collaborate effectively with internal and external stakeholders to ensure compliance, accuracy, and risk mitigation
What you’ll be doing
Conducting thorough reviews of residential appraisal reports to ensure accuracy, completeness, and consistency of data, including property characteristics, market analysis, and valuation conclusions.
Evaluating appraisals for compliance with investor guidelines (Fannie Mae, Freddie Mac), as well as government agency requirements (FHA, VA, USDA) and Minimum Property Requirements (MPRs).
Identifying discrepancies, inconsistencies, or potential risk factors within appraisal reports and determine appropriate resolution steps.
Assessing comparables, adjustments, and overall valuation methodology to ensure credibility and supportability of the appraised value.
Communicating review findings clearly and professionally with appraisers, mortgage bankers (MBs), and internal teams to facilitate timely resolution of conditions or revisions.
Providing detailed, well-documented feedback and maintaining audit-ready review notes in accordance with company and regulatory standards.
Maintaining established productivity and quality benchmarks while managing a high-volume pipeline.
Staying current on industry regulations, appraisal standards (USPAP), and evolving investor guidelines.
Collaborating with underwriting, processing, and quality control teams to support efficient loan production and risk management.
Escalating complex or high-risk appraisal issues to senior management as appropriate.
What you'll bring
Minimum of 2 years of experience reviewing residential mortgage appraisals required
- Designations such as Direct Endorsement (DE) and/or Staff Appraisal Reviewer (SAR) are preferred but not required
- Strong knowledge of appraisal principles, valuation methods, and market analysis
Working knowledge of Fannie Mae, Freddie Mac, FHA, VA, and USDA guidelines
Broad understanding of the end-to-end mortgage origination and underwriting process
Experience working with appraisal management companies (AMCs) and/or direct appraiser engagement
Familiarity with appraisal review platforms and mortgage loan origination systems
Excellent analytical, organizational, and problem-solving skills
Strong written and verbal communication skills with the ability to convey technical information clearly
Ability to manage multiple priorities and meet deadlines in a fast-paced environment
Perks
Atlantic Bay offers a dynamic benefits package that includes a competitive base salary, eligibility for monthly bonuses, health insurance, 401(k), PTO, paid volunteer time and your birthday off with pay! Who doesn't love that!
If you have a passion for helping people lead their best life; Come ride the wave home to Atlantic Bay!
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