Collateral Appraiser conducts commercial real estate appraisals and property ratings to establish the market value generally used for investment guidance, lending, insurance, or other purposes. Follows standard processes for conducting and documenting on-site property inspections. Being an Collateral Appraiser performs data collection and research on building permits, prior assessments, and relevant market and economic conditions that impact property value. Reviews building plans and specifications and investigates the quality of the construction, the overall condition of the property, and the surrounding location. Additionally, Collateral Appraiser uses generally accepted appraisal practice concepts and practices to perform data analysis, develop valuation estimates, and write comprehensive reports and exhibits. Utilizes appraisal software tools and databases. Ensures that reports comply with required policies, formats, and regulations. May require a bachelor's degree. May require the Member of the Appraisal Institute (MAI) or similar designation. Requires a State Appraiser License. Typically reports to a manager. The Collateral Appraiser occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Collateral Appraiser typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
Collateral Releases services the loan after it has been paid in full to ensure the collateral securing the loan is removed or changed in security to ensure firm complies to state timeframe requirement to perform the collateral release. A Release is the transfer of real property that takes place when a mortgage is fully paid off, and the collateral is returned to the owner free from the former debt. The Release Team in Fort Worth, a part of Collateral Perfection, supports the Commercial Term Lending portfolio of Commercial Banking. We review, research and prepare lien releases, once the loan has been paid in full and after it has been determine there is no exposure to the bank. We assist multiple internal departments with the disposition of collateral such as Real Estate, Special Credits and Outside Counsel teams.
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0 Collateral Appraiser jobs found in Arlington, TX area