Outsource Mortgage Appraisal Services – Outsource project to call center in Navi Mumbai

Outsource Mortgage Appraisal Services

The important areas of mortgage loan processing are establishing the fair market value and appreciation rate of the collateral property combined with the mortgage. Inappropriate assessment can be the cause of undervaluation or overvaluation of the subject property. When your company is dealing with multiple, often time-sensitive mortgage applications, it is necessary to streamline this step of the mortgage process.

Working with Outsource2Rescue can help your organization by saving valuable time and resources. We help your underwriting team save a significant amount of time and trouble, as we directly work with appraisers to ensure that the appropriate type of appraisal is requested, and by following up on every small detail in the appraisal to get the most accurate assessment of the property's value.

Our mortgage appraisal services include:

Appraisal Review

Reviewing appraisals is the most tiresome and resource-intensive task in mortgage processing. O2R’s team of underwriters and loan professionals directly work with the appraisal company to ensure an authentic assessment of the property. We check the property's sales history, the appraiser's signature, license number, maps of the location and other key details.

We also verify any discrepancies and roadblocks that may delay loan processing. We suggest reviews with the appraiser to revise the appraisal in order to check if the valuation appears incorrect. By ensuring that the appraisal report is error-free and accurately values the collateral property, we help clear loans faster. Appraisal Ordering and Scheduling

In financial organizations the underwriting department is the most overworked. It has to constantly work many different appraisal companies and individual appraisers, and regularly schedule appointments with homeowners to let appraisers check the property and take photographs.

After that, the appraiser begins the process of valuing the property based on various factors. It is a time consuming process and is susceptible to delays. Fail to follow up can result in increasing processing time and adding costs. These costs and delays add up over time and can slowly creep into your firm's bottom-line. Outsource2Rescue understands the sensitivity of this process and has great experience with the appraisal process.

With expert dealing with the appraisal process, we help expedite it and lower appraisal-related expenditures to give our clients a smooth competitive edge. We use a combination of manual and automated processes for appraisal review because of that we can bulk-process appraisal applications as well. Outsource mortgage appraisal review and ordering to Outsource2Rescue and enhance your company's bottom line.