Lending Appraisals
Expert appraisal services to help you make the right client lending decisions for your organization.
Velox-Direct Appraisal Services
Whether you're a bank, credit union or private lender, accurately understanding the value of your potential borrower's assets is crucial when making the right lending decisions. Considering the dynamic nature of the real estate market and changing factors that can affect property values, it's essential to partner with credible, expert lending appraisal services.
We complete appraisal assignments for all GSE lending programs, including FHA and VA, in addition to custom programs offered by investors and non-QM lenders. We complete hybrid assignments and waiver-based property inspections. We are the modern appraiser amidst the appraiser modernization movement.
We understand every lending situation is unique, and detailed appraisal reports are needed to provide transparency and insights for decision-making. With over 25 years of experience working with top lenders in the country, we seamlessly become an extension of your team. Combining cutting-edge technology and the highest industry standards, we deliver superior lending appraisal services for various property types.
When Do I Need a Lending Appraisal?
There are a variety of scenarios that might call for a lending appraisal. Typically, a lending appraisal is required whenever a financial institution requires an assessment of the property's value as part of the loan approval process.
Mortgage Lending
Our clients in the mortgage lending industry rely on us to provide highly accurate appraisals that they can use to make the right decisions when helping their clients secure a home loan. At Velox, we closely follow the guidelines put in place by Fannie Mae and Freddie Mac to ensure our reports meet all necessary requirements for collateral valuation.
Home Equity Loans
When homeowners need to borrow against the equity in their home, it's important for lenders to have an understanding of the current market value of the property in relation to their loan amount. We take the guesswork out of this process by providing detailed appraisals identifying any improvements or potential issues that may affect the property's value.
Foreclosure Proceedings
For lenders and financial institutions dealing with foreclosure proceedings, there are often many legal and financial components to navigate that are dependent on having an up-to-date appraisal of the property in question. At Velox, we know how time-sensitive these situations can be and work diligently to make sure you're equipped with the most accurate appraisal information in the timeline you need to move forward.
Why Choose Velox for Your Lending Appraisal Service?
We take every measure to ensure we provide the highest level of service to all of our clients while maintaining rigorous industry standards of professionalism and integrity along the way.
Direct Client Support
We set ourselves apart from our competitors by offering direct access to our appraisers during assessments. This avoids the unnecessary firewall that commonly appears between lenders and appraisers. We cut out the middlemen or avoid delays. This direct communication is a primary component of our value proposition and ensures an exceptional service experience for our clients.
Hear What Our Clients Have to Say About Our Lending Appraisal Services
Frequently Asked Questions
Work Directly With a Velox Appraiser Today
If you're looking for an accurate and reliable appraisal partner to support your lending decisions, look no further than Velox.