It’s an old saying. “Two’s company, three’s a crowd”.
But sometimes that third party can make YOUR company run with much more efficiency.
AMC’s are a perfect example. They help lenders make better informed lending decisions by providing quality appraisal reports.
But choosing the right AMC can make all the difference. Nationwide Appraisal Network (NAN) provides a practical understanding of appraisals and real estate values that enable banks, credit unions and other parties involved the ability to lend responsibly.
But it doesn’t stop there. The NAN team is always monitoring and actively participating in the changes in regulations–not just on the federal level, but state by state, keeping current, alerting its clients to any change that may affect them, and training its internal team.
“We don’t just make clients aware of new compliance issues”, says NAN Co-Founder Joni Pilgrim. “We offer sound advice and present all options so our lenders are as informed as possible before making any decisions.”
But NAN’s services go further.
“One of the most common accolades we get from our lenders—other than our superior service and communication is regarding the appraiser selection process. Because of our national network and our sophisticated software, we are able to connect the right appraiser to the right project every time. That’s an invaluable service to mortgage providers and one that we’re very happy to provide. Quality starts with selecting the right appraiser.” says Co-Founder Cari Burris.
Of course, all parties in the lending and mortgage process need to be trusted, and part of that trust involves oversight and compliance. “We understand that lenders must be able to demonstrate that their third party service providers are compliant with all applicable regulations in their state,” adds Ms. Pilgrim. “In the past, there has been somewhat of a lack of quality control in the industry. You certainly saw it on display in the events leading up to the real estate crash of 2008. A lot of people got hurt…not just consumers, but lenders as well. I really think that’s why so many lenders are looking to NAN for guidance. They are confident that we have them covered. We possess the experience, credibility, and knowledge to be a trusted partner from day one, regardless of the type of properties and loans.”
NAN dedicates substantial resources to quality control and assurance, starting with the fact that we hire only the most experienced, certified appraisers, who are being constantly evaluated to ensure that the level of excellence is maintained. All appraisers are provided with the tools they need to do the job right AND on time.
Every member of the NAN team is totally committed to meeting customers’ needs, large or small. And no matter what state you’re in, NAN is prepared to reduce your risk, save you time & money, and comply with all regulations. But don’t just take our word for it. Visit out “Testimonials” page and see what our current customers say about NAN and our unequaled dedication to service. Then give one of our experts a call and learn more about what we can do for you.
Two may be company, but when you use the RIGHT third party AMC, it’s a good crowd to be a part of.
ABOUT NATIONWIDE APPRAISAL NETWORK- NAN is an industry leader in appraisal management, providing a unique approach to appraisal management through customization, innovation, and quality. NAN website – 888.760.8899