Picture this: a homeowner is eager to tap into their equity. They’re pre-qualified with a promising valuation and ready to move forward, but once the file hits underwriting, that valuation changes. Now the deal is in jeopardy, and both the borrower and lender are left scrambling.
For home equity lenders, this kind of inconsistency can kill trust and delay funding. Valuation shifts and reorders mean lost time, mounting frustration, and sometimes lost loans.
Using Clear Capital’s Property Analytics API helps to keep valuations consistent across the entire loan journey. Start with a reliable AVM in prequalification, then add property details like comparables, property characteristics, or listing history later — all from the same valuation report. No reorders, no surprises. Just smarter, streamlined lending.
Follow along for more information about how Clear Capital’s Property Analytics API works and how it enables lenders, underwriters, and alternative financing companies to better support their customers.
How Property Analytics API works
Imagine knowing the same property value told to a borrower in prequalification will be the one their loan closes with. With Property Analytics API, avoid late stage changes by maintaining the same valuation report from pre-qualification to closing. Add any additional property details to the order to receive a full, customized report for up to 90 days.
Start with a national-coverage automated valuation model (AVM):
- ClearAVM™ provides unparalleled valuation accuracy with the highest quality data and modeling power. ClearAVM predicts its expected accuracy, empowering you with valuation confidence.
- Interactive ClearAVM updates based on provided characteristics such as property condition, square footage, and other details to provide a home valuation that reflects those characteristics in real-time.
- Rental AVM provides automated estimates of monthly market rent for individual addresses using the same data that powers ClearAVM.
Next, add additional property details to the valuation to build a full understanding of the property or meet investor guidelines for underwriting — including sales or rental comparables, and listing, transfer, owner, sale, or tax histories. Use any combination of these details to meet due diligence requirements without purchasing multiple products or duplicate data points.
Which types of property data are available with Property Analytics API?
Property Analytics API enables users to build customized valuation reports using a reliable ClearAVM valuation and adding needed property information as the file progresses through underwriting:
- Property characteristics — Bedroom and bathroom count, gross living area, photos, and more
- Comparables — Compare similar sold or listed properties ranked by Clear Capital’s proprietary algorithm, ClearRank™. Access comparable property details and photos.
- Comparable rentals — Compare similar rentals ranked by Clear Capital’s proprietary algorithm, ClearRank. Access comparable property details and photos.
- Sales history — Log of property sale transaction details.
- Listing history — Log of listing activity.
- Owner history — Log of ownership changes, vesting, and owner occupancy.
- Tax history — Log of tax amounts and assessed values by year
- Home Price Index — local market trends
Who benefits from using Property Analytics API?
Lenders — especially home equity lenders — will benefit from the ability to add details to an order over the loan life cycle. Eliminate the stress associated with valuation changes between pre-qualification and underwriting.
Alternative financing companies that underwrite using an AVM will also benefit from using the Property Analytics API. Use one valuation throughout the loan process to avoid losing loans at underwriting due to differing home valuations.
Property Analytics API also enables friction-free adoption of new data and analytics, providing lenders and their teams with instant integration, no paperwork changes, and immediate access to the freshest property insights as Clear Capital develops new analytics and increases property data and insights available.