Why Use WFX?
Improve Competitiveness
~ Nearly 67% of lenders increased their use of commercial evaluations in 2018
~ Nearly 67% of lenders increased their use of commercial evaluations in 2018
~ Outperform competitors who unnecessarily rely on more costly and slower appraisals or evaluations
~ Level the playing field with large lenders that have internal evaluation groups
Improve Profitability
~ Reduce valuation costs by as much as 75% per report
~ Reduce valuation costs by as much as 75% per report
~ Economically manage fluctuations in demand
~ Reduce regulatory oversight costs
~ Grow your business without hiring more employees
Improve Quality
~ Reduce errors through standardization of evaluations
~ Reduce errors through standardization of evaluations
~ Meet compliance and regulatory auditors' expectations
Human Element
~ We retain the human element while leveraging technology
~ We retain the human element while leveraging technology
~ WFX is great at doing evaluations for it is what our principals have done for nearly two decades
~ WFX principals are experienced process-improvement, quality-improvement, and software development
~ Anemic decline in appraisers contrast against healthy loan growth
~ A 55% loss of appraisers by EY 2030
~ A 30% increase in commercial loan volume by EY 2030
The Talk On The Street
|
"We won a large C&I relationship from a national competitor because the evaluation was quick and sailed through our review process to allow us to meet the borrower's short deadline when their existing lender couldn't." ~ S. Ashley
|
|
"The customer, a CPA, wanted to close ASAP since he would be in the 'crazy' part of tax season in two weeks. The customer was thrilled when we were able to close as needed. It would not have happened without the speedy evaluation." ~ J. Riley
|
The Interagency Appraisal & Evaluation Guidelines, IAEG
|
Do not fret the ambiguity of the IAEG, we are able to guide lenders through the regulatory maze to remove uncertainty and apprehension. Our principals apply decades of commercial evaluation experience working at 10-top national financial institutions and independent valuation firms to guide lenders through IAEG to develop compliant valuation and review reports for lenders. We also provide consultancy services to assist lenders draft and implement policies and procedures.
|
|
If you have a question or just want to learn more about how evaluations can help you win and retain more customers, reduce days to close, reduce operating costs, improve audits, and improve your borrower's journey then send us an email or call us
Copyright 2019 Val-U-Works, LLC