Valuation Partners, a national appraisal management company with access to more than 10,000 independent appraisers in all 50 states, announced it has developed a new purchase appraisal process to meet the mortgage industry’s demand for fast, high-quality valuations on purchase transactions.
The company’s proprietary purchase appraisal proces guarantees every appraisal is tracked and monitored avoiding delays, while undergoing accelerated quality reviews, the company said in a news release.
“Because the mortgage industry is undergoing extraordinary changes, purchase appraisals that are accurate, fast, reliable and compliant have become more important than ever,” Valuation Partners CEO Bill Fall said. “Our new proprietary process for securing high quality appraisals was designed specifically to meet the industry’s growing demand for superior appraisals and appraisal delivery.”
Fall emphasized that independent mortgage bankers, banks and credit unions are in great need of appraisal partners they can trust. As a third-party intermediary, Valuation Partners keeps originators informed, while protecting the integrity of the process assuring regulatory compliance.
“Obtaining quality appraisals through a process they can rely on is critical these obligations,” Fall said. “Our new appraisal offering fits their needs perfectly.”