Service
Portfolio Scan
Scheduled review of the appraisals behind loans already on your books, on a monthly retainer, with updated valuations where market conditions warrant.
What it finds
- Loans where the appraisal on file no longer reflects the market.
- Maturities where coverage at today's rates falls short, even when LTV looks fine.
- Files where an updated valuation is warranted before renewal or extension.
How it runs
A monthly retainer, tiered by the number of loans scanned. Each month you receive a ranked list of the files that need attention and why.
Questions
Portfolio Scan, answered
Flat fee, quoted before work starts. Coverage in all 50 states and Puerto Rico.
Why scan existing loans?
Values set on sales from two or three years ago can be stale by the time a loan renews. Screening on coverage at the maturing balance catches loans that screening on value alone will miss.