an evolve mortgage services company
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WHAT WE FACILITATE

Valuations, Inspections, Property Condition Reports, AVM's, QA Review

Suburban House

INSPECTIONS AND AVM'S

Interior and exterior Property Condition Reports and Automated Valuation Models... when a full appraisal isn't necessary.

Australian City View

VALUATIONS

Full residential real estate appraisals for use in the prime lending space as well as hard money, capital markets and anywhere our users need to understand value.

Signing a Contract

QUALITY ASSURANCE

Our VQA and VQA+ tools are perfectly matched for any review process to streamline the quality and efficacy of the final valuation estimate on any real estate appraisal.

 

EFFICIENT RESIDENTIAL COLLATERAL VALUATION TOOLS

Automated Process Management to streamline appraisal ordering and fulfillment into a highly efficient and cost effective endeavor.

THE PROCESS

Server Installation
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Document with Pen

No more post TRID disclosure surprises. Our proprietary algorithm interrogates the subject property against public record data as well as an AVM and MLS records to test value and market liquidity, and then assigns a market-based,   transparent, and fully disclosed appraisal fees. 

Complexity Fee Score

Lenders may use their own appraiser panels or shared appraiser panels. The platform does the work of matching the subject property with a qualified appraiser who is geographically competent and has the necessary credentials to ensure a high quality appraisal.

Assignment Logic

Our  Valuation Quality Analysis (VQA+) provides real-time holistic review and feedback of the completed appraisal, analyzing the completeness and compliance of the report, assessing the credibility and complexity of the appraisal and providing reliable scoring.  The VQA significantly reduces stips leading to faster closings and happier borrowers.

Quality Assurance

The Veptas Platform provides direct, two-way, double -blind communication between the appraiser and the lender, minimizing delays and preventing miscommunications while maintaining full compliance with Regulation Z/Dodd-Frank, and Appraiser Independence Rules.   Compliance is ensured through full auditing features. 

Compliance

 
 
The Contract

Veptas

Partners

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©2021 by evolve mortgage services

 

CONTACT

Veptas is an evolve mortgage services company
6136 Frisco Square Blvd., Suite 350

Frisco, TX 75034

888-892-1843