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How we work with wholesale lenders and quality control:
Wholesale lending has always had its inherent risks especially when it comes to
the value of the collateral. While a traditional desk review has long been the only
cost effective solution to verifying the accuracy of an appraisal, wholesale lenders
are now using ValueNet as a second appraisal tool to ensure the value of the collateral
is sufficient for their wholesale loan purchase. Focusing on the two most important
appraisal areas – state of the market and collateral value – our approach is more
in depth than typical appraisal desk reviews.
For wholesale or quality control, ValueNet can be used:
• As a second appraisal tool to insure collateral value.
• As a Quality Control solution to judge the accuracy of other appraisal methods.
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