All automated valuation models (AVMs) are the same, right? Not really. Many have their own fulfillment platforms and proprietary confidence scores, making it time-consuming and costly to compare valuations from different vendors in order to determine which is the most accurate for a given property or area.
Collateral Value Connector™ processes automated valuations from multiple vendors and selects the best performing model using a “cascade” arrangement, helping you:
Optimize your valuation accuracy
Lower your underwriting risk
Reduce your underwriting time and costs
What’s more, when you combine Collateral Value Connector with an independent evaluation of the property’s condition, such as our Property Condition Report™, you have a cost-effective alternative to appraisals and broker price opinions that helps to facilitate the underwriting of home equity loans and lines under $250,000.
Validation from an independent, third-party
Unlike other providers in the industry, the accuracy of our cascade process is assessed by Southwest Financial Services, an independent, third-party vendor that utilizes a wide range of exhaustive testing criteria – ensuring our solution is properly calibrated and returns the most accurate valuation possible for a given subject property.