Automated Appraisal Review:
Shorter review time. Higher appraisal quality.
Mercury Network provides the cornerstone software solution to manage your automated appraisal review process. From regulatory compliance and custom rule sets to verified appraiser credentials, our appraisal review solution, RealView, is a comprehensive and efficient toolset aimed at speeding up the review process while enabling consistency and precision analysis of appraisal data.
Our innovative solution is scalable and offers fast analysis, up-to-date compliance assessment, and insights based on the industry’s largest collection of public records, local listings and pending sales data. Mercury Network and Appraisal Scope clients enjoy saving countless review hours and dramatically accelerating their revision cycles with our appraisal review solution. Plus, because it’s built right in to both platforms, it’s just as easy to use as any other tool in your daily workflow.
See the evidence.
This HousingWire case study shows how Sierra Pacific Mortgage — a nationwide lender — achieved excellent adoption and doubled their underwriters’ productivity by automating their appraisal review process.
Save up to 40 minutes per appraisal review
Shave 40 minutes off each appraisal review on average
Up to 2x increased loan origination productivity
Double your underwriters’ productivity per loan file on average
Up To 2 Days faster QC times on average
Reduce appraisal QC time by 1-2 days on average for most supported form types
““We are seeing a quicker turnaround in our appraisal reviews and sign-offs. This allows us to issue the closing documents sooner and complete loan closings faster. By having a centralized appraisal review process in place, we have been able to shave at least 40 minutes off each loan. Before RealView, each underwriter could get through one or two loan files per day. After implementing RealView, productivity has basically doubled so our underwriters can complete three to four loans per day.””
““Having RealView has been a breath of fresh air! We are able to catch many more errors this way and it saves us so much time, not to mention our clients are happier because we catch more on the front end!””
““In the past, I would reject reports based on what I thought was appropriate to kickback. Now, I have the exact rule that triggers to tell me why I must kickback (reject) an item or a report.”
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““This tool gives me the verbiage to request revisions in a knowledgeable manner (without sounding like I don’t know what I’m talking about).”
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— How it Works —
Get the PDF to learn more about our Automated Appraisal Review solution.
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