United One Resources Has Made Cascading AVM Available For Our Second Mortgage Lenders
United One Resources, Inc. is constantly looking for ways to expand our offerings to better serve our clients while also keeping pace with the everchanging mortgage lending industry. As part of this effort, we have added Cascading AVM (Automated Valuation Model) to our list of services. This addition continues the achievement of our strategic objectives - expanding our reach beyond the Mid-Atlantic States while enhancing our solutions to existing and prospective customers. AVMs provide an estimate of the current market value for a residential property. It derives a value estimate by running property and area sales information (such as square footage, lot size and sales price) through rigorously-tested statistical and mathematical models. AVMs are updated on a regular basis (varying by county) to give the most accurate estimate available. AVMs can be used for pre-screening, underwriting, originating, and valuing loan portfolios.The Cascading AVM finds lenders the greater value of the home with the highest confidence level. It also reduces the probability of receiving a no hit, because it searches several databases instead of just one. Please contact your sales rep today to set an appointment to discuss how AVM's can benefit you.
United One Resources, Inc. is constantly looking for ways to expand our offerings to better serve our clients while also keeping pace with the everchanging mortgage lending industry. As part of this effort, we have added Cascading AVM (Automated Valuation Model) to our list of services.
This addition continues the achievement of our strategic objectives - expanding our reach beyond the Mid-Atlantic States while enhancing our solutions to existing and prospective customers.
AVMs provide an estimate of the current market value for a residential property. It derives a value estimate by running property and area sales information (such as square footage, lot size and sales price) through rigorously-tested statistical and mathematical models. AVMs are updated on a regular basis (varying by county) to give the most accurate estimate available. AVMs can be used for pre-screening, underwriting, originating, and valuing loan portfolios.The Cascading AVM finds lenders the greater value of the home with the highest confidence level. It also reduces the probability of receiving a no hit, because it searches several databases instead of just one.
Please contact your sales rep today to set an appointment to discuss how AVM's can benefit you.
Posted by United One Team Member on 7/19/2007
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