We are seeking a highly organized and detail-oriented Valuations Coordinator to support Park Place Finance’s Business Purpose lending platform. This role is responsible for managing the full valuation ordering process—including appraisals, BPOs, and other collateral reports—while coordinating closely with Sales, Underwriting, and Operations to keep loans moving efficiently.
The Valuations Coordinator plays a critical role in ensuring timely, accurate, and compliant collateral valuations from intake through final delivery. This is an ideal opportunity for someone who thrives in a fast-paced environment, enjoys cross-functional teamwork, and has strong vendor management and communication skills within private or non-QM lending.
Responsibilities:
- Order and manage appraisals, BPOs, AVMs, and related valuation products for RTL, Bridge, Renovation, Ground-Up Construction, and DSCR (non-consumer) loans in accordance with Park Place Finance guidelines and investor requirements.
- Serve as the primary point of contact for valuation vendors, appraisers, and AMC partners, ensuring clear communication, proper assignment, and timely completion.
- Review valuation requests for accuracy and completeness prior to ordering (property details, access notes, borrower/entity info, product type, turnaround needs).
- Track appraisal timelines, follow up on due dates, and proactively resolve delays to meet internal SLAs and closing targets.
- Coordinate closely with Sales and Operations to align borrower expectations, access needs, and valuation timelines.
- Maintain consistent communication with Underwriting to confirm valuation scope, address questions, and ensure reports meet loan program requirements.
- Perform initial QC on delivered valuation reports to ensure they are complete, correctly addressed, and properly uploaded into the LOS.
- Identify discrepancies, missing items, or red flags in reports and escalate to the appropriate internal teams for resolution.
- Update loan files with accurate valuation status notes, fees, and ordering history while ensuring documentation is properly labeled and archived.
- Support process improvement by tracking vendor performance, documenting recurring issues, and flagging workflow gaps.
- Provide exceptional internal service by responding quickly to valuation-related questions and keeping stakeholders informed.
