These products can lower your valuation costs and turn times
Click through to see the benefits
- Advantage AVM cascade with photo condition report
- AVM with inspection & validation report
- Hybrid evaluation with exterior inspection
- Hybrid evaluation with interior inspection
- Hybrid appraisal with exterior inspection
- Hybrid appraisal with interior inspection
Advantage AVM cascade with photo condition report
AVM cascade independently tested and verified by AVMetrics, the industry’s leading AVM testing authority. Best-in-class hit rates due to quarterly cascade testing and updates on a county-by-county basis. PCR includes photos and observations on condition of neighborhood and subject property.
Turn Time
AVM is instant; 2-3
business days for PCR
Used For:
Loans under $50K
Advantage AVM cascade with photo condition report
AVM cascade independently tested and verified by AVMetrics, the industry’s leading AVM testing authority. Best-in-class hit rates due to quarterly cascade testing and updates on a county-by-county basis. PCR includes photos and observations on condition of neighborhood and subject property.
Turn Time
AVM is instant; 2-3
business days for PCR
Used For:
Loans under $50K
AVM with inspection & validation report
AVM and exterior inspection, both validated by a trained analyst who evaluates the appropriateness and reasonability of each product. Compliant with Interagency Appraisal and Evaluation Guidelines.
Turn Time
2 Business days
Used For:
Loans up to $50K
Hybrid evaluation with exterior inspection
Evaluation and exterior inspection valued by a highly trained analyst, including a comparable sales grid with adjustments. Produces similar values to full appraisals based on extensive testing, avoiding increased costs and turn times created by industrywide shortage of appraisers. Compliant with Interagency Appraisal and Evaluation Guidelines.
Turn Time
2-3 Business days
Used For:
Loans $50-$250K
Hybrid evaluation with interior inspection
Evaluation and interior inspection valued by a highly trained analyst, including a comparable sales grid with adjustments. Produces similar values to full appraisals based on extensive testing, avoiding increased costs and turn times created by industrywide shortage of appraisers. Compliant with Interagency Appraisal and Evaluation Guidelines.
Turn Time
3-4 Business days
Used For:
Loans $50-$250K in areas with limited public data
Hybrid appraisal with exterior inspection
Appraisal with exterior inspection completed by a geographically competent appraiser, including comparable photos and a comparable sales grid with adjustments. USPAP-compliant.
Turn Time
4-5 Business days
Used For:
Loans $250-400K in areas with limited public data
Hybrid appraisal with interior inspection
Appraisal with interior inspection completed by a geographically competent appraiser, including comparable photos and a comparable sales grid with adjustments. USPAP-compliant.
Turn Time
5-6 Business days
Used For:
Loans $250-400K in areas with limited public data
CSS has the solution for you
Here’s how we identify the home equity valuation products that will best meet your lending needs:
1
Loan Amount and LTV Ratio
2
Rural versus Urban Footprint
3
Availability of Public Data
4
Underwriting Guidelines
5
Compliance Requirements: Interagency Compliant, USPAP Compliant, etc.
6
Lender’s Desired Features: Comparable Grid, Comparable Photos, Borrower Interview, etc.
Read our Case Study
See how CSS has helped other lenders save time and money with these products
Lender saved $500K per year
location
Pennsylvania
Assets
$40 Billion
Products used
- Hybrid Appraisal with Exterior Inspection
- Hybrid Appraisal with Interior Inspection
Lender reduced valuation turn time and cost by 70%
location
Florida
Assets
$10 Billion
Products used
- Hybrid Evaluation with Exterior Inspection
- Hybrid Appraisal with Exterior Inspection
Lender cut staff review time in half
location
New Jersey
Assets
$10 Billion
Products used
- AVM Cascade
- AVM with Inspection and Validation Report
Hear it from our customers
I like a vendor that does their job well and lets me do mine well, without a lot of interaction. That is CSS! Their turnaround time is excellent, they have competitive pricing, and they are consistently reliable and accurate, and I am confident in their product. On the rare occasion that a discrepancy arises, it is rectified quickly and efficiently, and without the need for follow ups.
KAREN RACK, OCEANFIRST BANK
Vice President, Consumer Lending Operations Manager