ValDESKTOPSM leverages a state-licensed appraiser who has local knowledge about neighborhoods and their surrounding areas to perform a desktop appraisal utilizing a floor plan and data from multiple data sources. ValDESKTOP offers convenience and cost savings over the traditional appraisal due to the added efficiencies gained in the process. It utilizes Fannie Mae’s® Form 1004 Desktop or Freddie Mac’s® Form 70D for appraisals.
Turn times < 5 business days (including procurement of a floor plan) support timely loan decision-making and increase underwriting efficiency.
An efficient process provides a lower-cost valuation than a traditional appraisal, which reduces lender and borrower expenses.
Lenders may provide a floor plan that meets GSE Selling Guide requirements at the time of the order or rely on Valligent to procure the required exhibit.
All the benefits of a large, well-established Appraisal Management Company (AMC) with the feel of a local AMC. At Valligent, every order matters.
With ValDESKTOPSM, the appraiser combines information from the floor plan, public records, MLS data, market analytics, and other key information to provide a compliant, well-supported value of the subject property. It includes the same data points from a traditional appraisal but removes the time spent scheduling an inspection and driving to the property.
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Form 1004 Desktop is an appraisal solution of Fannie Mae®. Form 70D is an appraisal solution of Freddie Mac®. Encompass® is a trademark of ICE Mortgage Technologies. ClosingCorp is a trademark of CoreLogic. ValueLink is a registered trademark.