ValueNet - Lending Solutions

Lending

Loss Mitigation

Wholesale

How We Work with Lenders

Whether incorporating into mortgage, home equity lines or other real estate-driven loans, lending institutions that have implemented ValueNet have realized significant savings in cost and turnaround time without an increase in collateral valuation risk.

ValueNet’s residential real estate appraisals can be used in place of traditional full appraisals and drive-by appraisals. Combining technology with local appraiser expertise, ValueNet delivers a detailed USPAP-compliant appraisal that can be completed from a desktop or packaged with an exterior property or neighborhood inspection.

For Lending Operations, ValueNet can be used:
• As an upgrade product in a valuation cascade when an AVM fails to deliver a value.
• When AVM or tax value provides a questionable value.
• In place of a drive-by appraisal.
• To value upper bracket homes where many AVM or desktop appraisals fail.
• For valuation of condominiums/town homes.
• In locations where non-appraiser valuations are prohibited by state law.

Benefits

• Cost savings vs. traditional appraisals typically in excess of 50%
• Appraisals completed by a trained local appraiser
• “Next business day” turn around
• Completion of over 95% of client orders
• Internal review of 100% of ValueNet reports
• Valuations can be completed on single family homes, condominium/town homes, and 2-to-4-unit buildings.
• USPAP-compliant process
• Available with an exterior inspection (ValueNet Plus)