SOLUTIONS FOR LENDERS

Faster & accurate underwriting process

Accurate property data for reliable pre-screening and underwriting. Valuation platform for your internal valuations and reduce revision rates with a comprehensive automated quality control.

GAIN PROCESS EFFICIENCIES

Simplify & Track your processes and get more done

We have been working with numerous lenders to implement their custom processes within the Profet platform. to help them increase visibility into their processes, measure performance, set improvement goals, and achieve them every quarter.

Manage your appraisal processes with ease

One platform for simplified appraisal coordination and complete visibility into your appraisal flows. No more chasing appraisers for deliveries and corrections.

Built lean for lending teams, Profet’s automated follow-ups ensures every vendor is adhering to your timelines with constant performance feedback.

Customizable Order Workflows
Implement your business process and track it
Support all Appraisal Types
Traditional, Bifurcated, Evaluations, AVMs, BPOs
Manage your Vendor Panels with Auto Assignment
Multiple tiered panels with license and E&O insurance tracking
Fee Schedules
Set fee schedules by appraisal type, region, and panel
Accounting, Invoicing, and Payments
Keep track of vendor invoices and process split payments
Performance Analytics & Custom Reporting
Vendor Scorecards - turn around times & revision rates
Built-in Integration for Valuation and Quality Control
Automate quality control - accept only passed appraisals

REDUCE APPRAISAL REVISION RATES

Automate Quality Control and reduce rework

Lenders are saving time and reducing revision rates using the AI-powered Profet Review quality control platform. Its powerful comparable scoring, image recognition, and natural language processing automates all your quality control rules. Drives higher productivity in your QC workflows and reduces human error.

Reduce rework & improve accuracy in appraisals

Deep market data combined with AI in the form of computer vision and natural language processing ensures every appraisal is reviewed in detail to find LoE compliance issues, valuation risk, and consistency across data, photos, and narratives.

Lenders achieve fewer appraisal revisions, less back-and-forth with vendors and faster path to funding.

Customizable Rule Sets
1500+ rules in the library. Customize them and add new ones
Comparable Validation
Comps are validated against MLS and public records
Comparable Research and Analysis
Run custom comp searches with appraisal effective date
Image Recognition
Check for compliance, property features, condition & quality
Floor Plan Analysis
Validate rooms, living area, ADUs, ANSI compliance
Bias Detection - both explicit and implicit
Language structures, subject & comp neighborhoods
Attachment Analysis
Validate licenses, insurance, Flood & Plat maps, Form 216, etc.

INTERNAL VALUATIONS FOR FASTER DECISIONS

Take control of your internal valuations

Profet’s comprehensive set of valuation models can support all your valuation needs – quick pre-screening for a loan to comprehensive “As-Is” and “After Repair” valuation for complex Bridge Loans. Enable Fast Track lending processes with ready-to-use valuation reports.

Run your own valuations for faster decisions

Pre-computed insights and rich support for specific types of loans allows your valuation teams to build property valuation reports where permissible for your loan process.

Private Lenders are using Profet to build reliable valuations or reduce uncertainly early in the deal process.

Comprehensive Sales Comps
Reliable market data combined with adjustment models
Rental Income Reports for LTR & STR
Rent values and ranges, Short-term income projections
AVM Reports
Profet and 3rd party AVMs including property condition
Collateral Complexity
Valuation complexity: Atypical or special case properties
DSCR Report
Support DSCR lending with reports for any property
Access to Images & History
View property images on recent sales & history for flips
Automated Neighborhood Research
Use trends, inventory analysis, and HPI to build adjustments

MONITOR PORTFOLIOS FOR RISK

Monitor your loan portfolio post closing

Get actionable insights to monitor and manage risk in your loan portfolio. Receive alerts for listing activity, mortgage activity, ownership or occupancy changes or any financial distress.

Portfolio Monitoring

Manage risk in your portfolio or pre-screen

Lenders are using Profet Monitoring for various use cases – get insights on a large blanket portfolio loan, track their loan portfolios, or stay engaged with their past customers.

Monitor Market Activity
Just Listed, Just Sold, Price Changes
Analyze Mortgage Activities & Status
Payoffs, New Liens, Refinancing, LTV changes
Ownership & Occupancy Alerts
Change of ownership, Vacant, Tenant & Owner occupancy
Flexible Alert Delivery
Webhooks, SFTP, Match & Append
Customizable Alerts
Combine alert conditions. Ex: Paid off and still living there
Powered by a widely used & scalable platform
Over 10 million properties monitored
Custom Monitoring Solutions
Talk to us for any custom monitoring solutions