Service Levels

In this tier the report goes through an automated state of the art review systems, with more than 1500 data checkpoints, insuring that the report is clear with all the UAD specification and Federal regulation.

At lenders Allies we back up everything, we do not leave things to chances, technology is backed by human efforts to achieve the highest level of efficiency, every single report is manually reviewed by a USPAP trained professional. The report is reviewed as per our in house checklist designed through our extensive 14+ years of collateral valuation review experience, note: these checklists can be customized to suit your requirements, or according to any specific loan type.

One of our staffed appraisers goes through the report, making sure all the concerns and issues have been addressed, every report processed by lenders allies passes through a licensed appraiser.

We understand the importance of getting a local qualified independent appraiser for each and every one of your orders. This is why Lenders Allies guarantees appraisers within 10 mile radius of the subject property *.
(Please note this condition applies only to properties located in Metro Area)

Lenders Allies has a strong panel of 15000+ qualified independent appraisers nationwide, a strict scrutiny is performed before getting any appraiser on board.

Following verifications are performed:

Number of years of experience (minimum 3 years)

Verify all license information from respective state boards and verify all other supporting documents like E&O insurance (minimum E&O requirement $500,000)

A monthly scorecard or rating is given to each and every appraiser/broker working with lenders allies. The rating is given based on the following parameters:

Average turn time

Total Turn Around Time achieved

Rejection Rate

Revision Turn Time