Landmark Reverse is the first in the nation to offer two HVCC/FHA Appraisal Solutions. The Regional Solution is designed for smaller lenders. The Regional Solution allows local mortgage brokers to submit their approved appraisers to their database for verification and quality control. Once the local appraisers passes quality control, they create a personalized approved appraiser list. When you order an appraisal, Landmark Reverse will use your personalized approved appraiser list in a blind and rotating manner.
The Enterprise Solution was developed for larger lenders who cover the nation. You complete their Appraiser Qualification Standards worksheet and they handle the rest. Landmark Revers creates a customized approved appraiser list based on your qualification standards. Maybe you want to use appraisers with a minimum of 10 years experience and a $1,000,000 error and omission policy… no problem! Landmark Reverse builds your approved appraiser list based entirely on your needs.
Unlike other AMC’s, Landmark Reverse pays appraiser what is reasonable and customary for their market. Since each market is different, they can’t quote a fee for the entire nation.
Each and every appraisal report included their new HVCC and FHA Compliance Certification.
