Managing Your Own Panel of Appraisers

Seven Best Practices for Lenders to Achieve Maximum Efficiency

It’s becoming increasingly common for mortgage lenders to want to manage their own panel of appraisers. The idea of having more control, shortening turn times, and reducing costs makes it pretty enticing. However, managing a direct appraiser panel comes with it’s own set of operational challenges and requirements as well.

This guide will help lenders:

  • Maintain pipeline visibility
  • Efficiently allocate appraisal orders
  • Track appraisal vendor performance
  • Maintain transparency
  • Manage compliance
  • Streamline appraisal payments
  • Leverage modern technology

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Your key to appraisal management efficiency