Hitch boosts valuation accuracy, enhances customer experience, and approves 30% more loans.
When Hitch found that its AVM vendor’s inaccurate home values hurt its client experience and internal efficiencies, it sought a better option. Hitch selected Clear Capital’s ClearAVM™ and saved time, spent less, and improved client satisfaction.
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Many home equity lenders know the benefit of using an automated valuation model (AVM) in home equity lending. Using an AVM can expedite lending and save lenders money. These time and cost savings can then be passed to the customer, leading to a better bottom line for all parties involved. Before you choose an AVM for your home equity lending, it’s important to ensure you’re getting the most out of this powerful technology. Download our free ebook to discover eight crucial questions to ask your AVM provider to verify the quality of your AVM.
Automated valuation models (AVMs) are remarkable, modern property valuation tools. But they’re kind of like magic — enter an address, and a value appears. That simplicity is great for consumers, but for lenders and financial institutions in a highly-regulated environment, additional insight is needed. We wrote this free ebook to reveal the science behind that “magic.” It covers everything from AVM basics, to what makes a “lending grade” AVM, to AVM testing methods and steps, and much more.
Download this free white paper to learn:
It covers everything from AVM basics, to what makes a “lending grade” AVM, to AVM testing methods and steps, and much more.
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