Improved "Time to Yes"
The time required for loan approval is arguably the biggest pain point for bankers and brokers, and is often held up by a lengthy valuation process. ValConnect Desktop Assessments offer an industry-leading turnaround time of approximately 4 hours on average. Secure more customers and be ahead of the market by reducing turnaround times and providing “same-day” loan approval.
Reduce Valuation Costs
ValConnect Desktop Assessments offer a cost effective solution to complete the valuation process, with the cost per assessment being approximately 55% cheaper than full valuations. Get the most out of your portfolio by including ValConnect Desktop Assessments as part of your valuation strategy.
Superior Customer Experience
ValConnect Desktop and Kerbside Assessments offer superior customer experience with no formal inspection required by the valuer, offering a seamless valuation process with minimal customer impact.
With visibility across over 90% of all residential mortgage valuations, CoreLogic is in the unique position to benchmark performance of Desktop Assessments vs Full Valuations. Quarterly benchmarking and reporting shows the accuracy of Desktop Assessments is comparable to Full Valuations when indexed to recent sale prices. Maintain a strong risk portfolio whilst gaining a competitive edge with accurate ValConnect Desktop Assessments.
Fully Managed Product
ValConnect is a fully managed product with strong operational controls to ensure optimal panel performance and consistency across all panel firms. CoreLogic ensures all suppliers are trained on the ValConnect platform prior to completing any assessments, and also monitors individual valuers to ensure they are actively completing Full Valuations in the same geographical area.
Industry best property data, imagery and market insights, including detailed information and imagery for the subject property with comparable sales, and local market and demographic trends and insights, giving the valuer the most up-to-date data at the point of analysis to ensure an accurate and consistent assessment.
Built-in compliance checks and validations designed to provide valuers with notifications as they progress through the report template, ensuring the report is completed in the most efficient manner whilst adhering to all relevant compliance policies and maintaining consistency.
Embedded user analytics tool provides granular reporting on specific user interactions, escalations and cancellations, delivering valuable insights into user behavior and granular data points for reporting.
A full cascade of residential and commercial service types in both web and native mobile applications.