When it comes to property valuations and mortgages, banks and credit unions need to continually balance a laundry list of regulatory laws. These regulations serve an important function; they ensure industry stability. But they also complicate internal processes and spike operational costs. Moreover, federal guidelines dictate that financial institutions should separate lenders and loan officers from appraisers. It means more staff on payroll, more employee benefits, and more expenses.
Being an ISO-certified mortgage appraisal support services provider, we curate compliance-first documentation and practices. Our services help simplify the home appraisal process; we enhance core business focus, cost-effectiveness, resource allocation, and TATs - all of which lead to a leaner bottom line. Outsource mortgage appraisal support services to establish a systematic approach to appraisal management.
Our Mortgage Appraisal Support Services
We provide fundamentally accurate and unbiased reports that abide by standard guidelines like Dodd-Frank, IAG, and the Federal Reserve's Final Interim Ruling. Our services include -
Our mortgage valuation support services provide mortgage lenders with an accurate estimate of a property's value. For sound comparative analysis, we also scrutinize the prices of other properties sold in that area.
We liaise between homeowners and individual appraisers to schedule property inspections. As a leading global mortgage appraisal service provider, we provide quality services that assure business growth for our clients. We optimize your lender relationships to ensure business efficiency.
Looking for a mortgage appraisal company to help build a team of local appraisers? Leverage our back-office support services to support your business goals. Our experts create and maintain appraiser databases based on ranking systems.
As your mortgage back-office support service provider, we define stringent quality control parameters to ensure a 100% accurate inspection report. We leverage our rich domain expertise to ensure that the evaluation process is according to industry standards.
Our broker price opinion services help lenders acquire a quick and professional property evaluation. Our services come in handy when our clients do not have the time for an appraisal report. Being a globally renowned service provider, we ensure rapid TATs and strict adherence to timelines.
From legal and property documents to customer databases, price trend analyses, tax details, and sales histories - data is everywhere in the real estate industry. As a key player, you must store, manage, maintain, and update your data to make well-informed decisions. Leverage our services for greater efficiency at cost-effective prices.
We securitize the reports filed by appraisers to rule out inconsistencies. We consult multiple sources to establish the accuracy of the reported value and ensure compliance with the federal, state, and GSE guidelines. In case of inaccuracies, we notify stakeholders to take corrective measures.
We review tax information, judgment report, title transfer records, and other details associated with the collateral. We prepare a detailed commitment report to apprise the real-time status of real estate properties.
Comparative Market Analysis
We provide comprehensive CMA services to determine the listing prices. Our services include -
- Interior and exterior property description
- Property pictures and interior photographs
- Itemized list of repairs and estimated cost of repair
- Homeowner association details
- Listing of all properties sold in the vicinity
- Active listings for properties on sale in the vicinity
Our Mortgage Appraisal Support Process
We offer quick and accurate services to mortgage lenders; our experts ensure quality and 100% compliance. Our process includes the following steps -
You raise an appraisal request through our portal, which is available 24/7.
We open a bidding session for the appraisers you have earmarked.
The winning appraiser is selected based on pre-decided criteria.
The appraiser is briefed extensively about your requirement.
We monitor the appraiser and ensure prompt services and accurate reports.
We ensure that the appraisal reports are 100% compliant and include all the details.
Why Hire Us as Your Mortgage Appraisal Support Company?
We combine intelligent valuation technologies with market-based data to provide a simplified and highly accurate property valuation. Partner with us to leverage the following benefits -
We are an ISO-certified mortgage appraisal company with two decades of industry experience. Our appraisal services strictly adhere to the Fannie Mae/HUD guidelines.
Being an ISMS-certified company, we ensure absolute data security for clients. We leverage the best security systems to prevent unauthorized access. Also, we sign NDA agreements that bind us legally to protect your intellectual assets.
We guarantee quality appraisal reports to our clients. We back our market value opinions with deep analysis. We ensure that we do not miss out on the factors that impact a property's market value.
Mortgage Appraisal Services Software
To speed up mortgage financing and cut the risks associated with errors, we use the best mortgage appraisal software to improve the quality of service and bring you greater satisfaction.
Our mortgage appraisal team comprises 100+ residential real property appraisers and general real property appraisers certified by the appraiser qualifications board (ABQ). We offer quality services at cost-effective rates.
Our regulated workflows incorporate tasks like value order acceptance, appraiser vetting and selection, fee negotiation, quality checks, and report preparation and review. Our global delivery centers leverage world-class infrastructure to ensure top-notch outcomes.
Additional Services You Can Benefit From
Simplify mortgage underwriting with M-suite, our in-house automation tool. Our end-to-end services help lenders make discreet lending decisions.
We are a Freddie Mac-compliant company that offers comprehensive support services to lenders. Our loan closing process comes with assured quality.
We guarantee accurate back office post-closing support services to global clients. We ensure quality results within reasonable turnaround times.
Our support services include title ordering support, examination support, commitment support, policy production support, and more.
Our experts help reduce the time taken to process reports and loan documents. Outsource to us to ensure 100% accuracy and faster turnarounds.
We respond to borrower inquiries, manage account delinquencies, monitor monthly payments, and more. Leverage our services to streamline your business.
Mortgage Loan Servicing
We facilitate the collection of principal, interest, and escrow payments for our clients. We specialize in loan boarding, tax administration, managing AR, and more.
From online lead generation to enhancing your visual directories, we provide end-to-end online marketing services to our clients.
Client Success Stories
M-Suite, Our In-house Automation Tool, Significantly Reduces Client’s Loan Closing Time
A leading US-based client was looking for ways to reduce their loan closing time. We used our automated M-Suite software to help them significantly reduce their loan processing time.
We Automated the Underwriting Processes for a Leading US Residential Lender
A leading US-based residential lender was looking for reliable and efficient underwriting services. Our team at FWS helped the client with cost-effective services.
Outsource Mortgage Appraisal Support Services to Flatworld Solutions
I cannot thank you all enough for all your hard work and your assistance!! We are so blessed and thankful for the amazing work you do!Assist. VP, Disclosure Manager, Mortgage Company, Norfolk, VA More Testimonials »
Ensure smoother compliance and streamlined risk mitigation with our home appraisal services. We are a premier mortgage appraisal services company with a sterling global presence and rich domain expertise. Our team of 1000+ qualified mortgage professionals restructure costs and aids your uphill battle when it comes to navigating the regulatory landscape. Outsource to us to leverage the following benefits -
- A team of 1000+ trained mortgage experts
- Up to 30% reduction in TAT
- Time-zone benefit, 24/7 customer support
- Up to 60% reduction in operational cost
- 100% data confidentiality and privacy
- 99% accuracy in appraisal reports
For dedicated end-to-end back-office mortgage appraisal support, reach out to us immediately!