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Compliant, cost-effective solution for small balance loans
Commercial appraisals are fine when you have unlimited time and budget. But when speed is important and the borrower’s funds to close are tight, commercial evaluations are a fast, reliable, and affordable solution for lower value loans.
If you’re securing loans valued at $500,000 or less, a commercial evaluation is a perfect fit. It’s also ideal for valuing commercial properties to be used as collateral on business loans less than $1 million and for extending credit and loan modifications.
Fully Compliant Solution, Highest Quality Reports
Local Market Analysis:
Insights into market vacancy rates, detailed overview of the subject’s neighborhood to determine property’s position within the local market.
Meets the latest state regulations, Interagency Appraisal and Evaluation Guidelines (IAG) and Uniform Standards of Professional Appraisal Practices (USPAP).
Report Quality Assurance:
Commercial analyst review to ensure the story told within the report supports the broker or appraiser’s value conclusion.
Detailed & Data Driven Report:
Provides value conclusion, income capitalization and reconciliation information, as well as property information, proof of appraiser certification and images for visual comparison.