Hybrid Appraisal Program
GSE-Compliant 1004 Hybrid/70H Appraisal
Delivering a reliable opinion of value for home purchase and refinance loans nationwide.
Investor Approved
and Lender Tested
Our program was co-developed with and designed for the major investors and top lenders
• Early adopter in test-and-learn initiative with multiple top lenders
• In development phase with other investors
Seamless and Integrated
Technology Platform
All property data, information, and photos flows efficiently through the process from start to finish
• ClearInsight™ guides data collection and generates automated floor plans
• Data and analytics support the appraisal process
• Comprehensive order fulfillment integration with standardized APIs
Dependable and Nationwide
Human Networks
We will be your single point of contact to manage everyone involved and to ensure quality
• Certified Property Data Collection Specialists
• Highly experienced Appraiser Panel
• Dedicated QA and Support Teams
Investor Approved
& Lender Tested
Our program was co-developed with and designed for the major investors and top lenders
• Early adopter in test-and-learn initiative with multiple top lenders
• In development phase with other investors
Seamless & Integrated
Technology Platform
All property data, information & photos flows efficiently through the process from start to finish
• ClearInspect App for onsite property data collection
• Data & analytics support the appraisal process
• Comprehensive order fulfillment integration
Dependable & Nationwide
Human Networks
We will be your single point of contact to manage everyone involved and to ensure quality
• Certified Property Data Collection Specialists
• Highly experienced Appraiser Panel
• Dedicated QA and Support Teams
One Order, One Technology Platform,
One Point of Contact
Consistent Property Data Collection (PDC) quality and completeness in real time with ClearInsight™
- In-depth CubiCasa 2D detailed floor plan (including interior walls)
- CubiCasa generated gross living area (GLA) calculations aligned to ANSI standards
- In-app data checks and final review reduces revision requests
- Built-in fraud mitigation includes geolocation and timestamp in photo metadata
Reliable nationwide delivery thanks to three teams of experienced, dedicated experts
Reliable nationwide delivery thanks to three teams of experienced, dedicated experts
Appraisers recruited and trained to focus on hybrid appraisal solutions
Strategically located Field Staff Appraisers via Clario Network
—
Preferred Partner Network with specific program training
—
National Appraiser Panel averaging 21 years experience and 7 years on our panel
Property Data Collection Specialists serving nationwide
Licensed/certified appraisers and Clear Capital PDC certified real estate agents/brokers with local MLS credentials and public record access
—
Five initial training modules with continuous support
—
Multiple test properties reviewed by QA before certification
Clear Capital’s Seasoned QA, Customer Success and Support Teams
QA specializing in hybrid appraisals since 2008
—
Dedicated, customer-aligned support available 7 days a week in our CA and NV Centers
—
Near real-time issue resolution and escalation — Zero calls go to voicemail during business hours
“Our hybrid appraisal program is the result of years of building strong partnerships with lenders and investors, countless hours of research and tech development, and a dedication to pioneering the future of real estate valuation.
The combination of our rigorous certification program, easy-to-use mobile app, team of highly-trained data collectors, and meticulous quality control makes our program stand out from the rest.”
Jeff Allen
EVP, Valuation Strategy
“Our modern appraisal program is the result of years of building strong partnerships with lenders and investors, countless hours of research and tech development, and a dedication to pioneering the future of real estate valuation.
The combination of our rigorous certification program, easy-to-use mobile app, team of highly-trained data collectors, and meticulous quality control makes our program stand out from the rest.”
Jeff Allen
EVP, Valuation Strategy
Frequently Asked Questions
Can you tell me more about appraisal modernization and why it is happening?
Modernization of the appraisal process has been coming for years for several reasons, but the primary reason is to make a mortgage close much more efficiently while maintaining risk control standards. Modern data collection is enabling appraisers to conclude a value with equal or better accuracy without personally visiting most properties. The approach can save time and money while providing a superior experience for the borrower.
How is this different from a bifurcated or hybrid appraisal?
Traditional hybrid appraisals always feature two components: property data information completed by one individual, a final value conclusion completed by another. In this program, there are instances in which the value conclusion will be deemed unnecessary by investor rules. A desktop appraisal is initiated if the criteria for property data collection only are not met.
This program is similar to a bifurcated or hybrid appraisal in that the appraiser concluding the value may not be the real estate professional visiting the property.
What is the difference between a Property Data Collection (PDC) and an inspection?
The PDC is a rigorous on-site data collection process and the collector provides objective, factual information about the property. Also, the required data is strictly defined by the investor who will be potentially buying the mortgage and is collected by a trained specialist.
Clear Capital’s data collectors are licensed appraisers and brokers who have local MLS credentials, have been trained by us, and have passed our quality assurance standards. Our ClearInsight app guides the collector to ensure complete and accurate results. A PDC can take as few as 2 business days to complete, dependent on homeowner scheduling constraints.
What happens after the PDC?
In some cases, the PDC will be adequate to underwrite the mortgage. In other cases, a desktop appraisal will be completed. The desktop appraisal typically takes two to three days when using Clear Capital’s appraisal panel.
Will the program use a different form than the 1004?
Yes, there will be a different appraisal report form used when an appraisal report is deemed required. It is identical to the 1004 in terms of the data provided, but the certification language is different. The language clarifies that the appraiser completing the new form did not physically inspect the subject property, and is instead relying upon the Property Data Collection as a data source in their appraisal.
Can you tell me more details about Fannie Mae’s Value Verify Program?
As Clear Capital has been very active as an early adopter of the Value VerifyTM program, we would love the opportunity to share what we have learned about the program. Please contact us directly or reach out to your Fannie Mae representative.
How can I learn more about Freddie Mac’s program?
We recommend you contact your Freddie Mac representative to learn more about their program at this time.
How do I get started?
Please contact us and we can help you get started or answer any questions you may have.
