The manual workload of appraisal reviews is a time-consuming task, which restricts the number of appraisals a lender can review in any given day – eventually pushing closing dates further out.
Valuations are one of the most important parts of the loan process, and often the most time-consuming as well. Appraisals that contain errors or aren’t delivered on time can cause delayed closings or, in some cases, result in the loan falling through altogether.
At ValueLink Connect we ensure that appraisers have vital information to complete accurate appraisals while complying to social distancing guidelines.
The COVID-19 Coronavirus has continued to dominate the headlines for the past few weeks and our team has been monitoring the events closely. We have also completed all preparations to implement our business continuity plan.
