Designed for banks, credit unions, loan servicers, and mortgage lenders, AppraisalWorks has the power to improve the profitability of your business and reduce the frustration and hassle of real estate appraisals. Here’s how…
Nextgen Technology
Compliance
Efficiency
Collaboration
Competitive Advantage
Nextgen Technology
AppraisalWorks gives you on-demand control over your appraisal management function – with seamless integration to your loan origination system (LOS) and no IT overhead. Scalability is proven by the millions of appraisals that run through the platform every year. Web and mobile access deliver agility. And security is unmatched – you choose where to store your data, on the Cloud or behind your own firewall.
AppraisalWorks technology is unmatched in the industry. In fact, it’s patented under U.S. Patent 10,635,999. If you’re looking for innovation combined with enterprise scalability, AppraisalWorks is right for you.
Compliance
Real estate lending regulations are complex. AppraisalWorks stays on top of the latest appraisal standards and requirements so you don’t have to. The system will help you determine the right appraisal type for each property, streamline appraisal reviews and automatically retain the electronic documentation you need to stay compliant with every loan. AppraisalWorks contains the industry’s most comprehensive auditing tool — so you can rest easy knowing you’re covered.
Efficiency
Turnkey process automation, dynamic work queues and flexible business rules defined by your management team deliver immediate gains in process efficiency. Build risk-based reviews by leveraging collateral risk scoring through the AppraisalWorks UCDP and EAD interfaces. You benefit from faster appraisal turn times, reduced appraisal revision rates, lower costs per loan, improved response times and a less-frustrated staff that can focus on revenue generation and delivering an exceptional borrower experience.
Collaboration
Appraisal management is a team sport. AppraisalWorks delivers an integrated, online collaboration platform that enables lenders, processors, appraisers and borrowers to work together to deliver accurate, timely and compliant property valuations. Synchronized communications and visibility ensures everyone is informed and knows when action is required, resulting in a much smoother experience for everyone.
Competitive Advantage
Transform appraisal management from an overhead function into a strategic advantage. AppraisalWorks enables you to lower costs, accelerate response time, improve appraisal accuracy and maintain compliance – while also improving your relationships with appraisers and creating a better experience for borrowers. Contact us today to get a leg up on the competition.