With over a decade of experience and domain-level expertise in the mortgage industry, we strive to provide accurate and timely mortgage appraisal review support services to our clients. We meticulously review all asset reports to spot any inconsistency, and process the same for rectifications, prior to sending the final asset report to the lender. Our review process is carried out in strict adherence to appraisal regulations including USPAP (Uniform Standards of Professional Appraisal Practice).
Our review services entails analyzing the appraisal report as per regulatory and client guidelines. We read the reports to understand the basis for property valuation, evaluate the accuracy of comparable sales adjustments, market value and rebates etc. We comprehend the appraiser's reasoning behind setting the final asset value. Our appraisal review services assist lenders in the following ways:
We have a simple but well-defined mortgage appraisal review process that ensures every unique requirements of our clients are met. Our process flow comprises of the following steps:
Our mortgage appraisal review process is driven by professionals with wide experience in examining the technical aspects of appraisal reports. Their comprehensive knowledge of Uniform Standards of Professional Appraisal Practice and other Freddie Mac appraisal requirements, including the Home Valuation Code of Conduct (HVCC), ensure every report has been generated through sound methodology and contains factual information with appropriately supported conclusions. After the review they work with the appraiser to resolve valuation discrepancies in a time-bound manner and provide the client with the closest value recommendation possible.