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The appraisal revolution: How Opteon is transforming the lending landscape

Housing Wire

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. This blend of technology and human expertise sets Opteon apart from traditional appraisal methods, providing a more robust and accurate appraisal process.

Lending 378
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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

First, he has his clients lender call the listing agent. This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. That never happens when a VA loan is involved.

Clients 402
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Busting VA mortgage loan myths

Housing Wire

The VA makes a guarantee to the lending institution for 25% of the loan amount and the lender is responsible for evaluating the eligibility of the borrower. MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. David Smith is the VP of National VA Lending at loanDepot.

Mortgage 461
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What has your experience been navigating the appraisal process? Contact him today!

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How AI is changing the valuations process

Housing Wire

When it concerns an assignment we worked on, we have a specialist team evaluate the complaint and advise our client on their response. We also assist clients with repurchase demands on loans we did not provide services. HW: How is artificial intelligence being integrated into the property valuation and appraisal process?

Valuation 376
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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

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Reevaluating your origination tools? Here’s where to start

Housing Wire

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 415