Together with Property Interlink, the company amps up its zero-contact appraisal process
SharperLending has announced a partnership with Property Interlink, a real estate appraisal-management company, to eliminate the need for face-to-face interaction during the origination process.
Using SharperLending's Verisite mobile appraisal tools, the partnership aims to ensure appraisers' and homeowners' health and safety during the coronavirus outbreak. To enable social distancing, the Verisite mobile app guides homeowners through the process of taking interior photos and writing property descriptions, then sends interior inspection data to appraisers for appraisal reports.
“We are excited to be working with SharperLending and Appraisal Firewall to offer the Verisite mobile appraisal tools to lenders, appraisers, and homeowners,” said Property Interlink CEO Matt Hill. “Our partnership will help broadcast the message to more lenders and appraisers about how Property Interlink’s unique position and use of Verisite promotes the health and safety of homeowners and appraisers with social distancing and reduces fraud.”
The technology offerings available through the partnership features such as automatic geo-location of property photos, validation of room depth, protection against fraud, and 3D room mapping for logging of square footage.
“Our excitement couldn’t be higher to partner with Property Interlink, who has a proven record of assisting lenders with best-in-class-service,” said SharperLending President David Chiappe. “Our mutual goal is to bring safety, health, and velocity to a broader audience, boost the flow of loan origination and processing, and increase the health of the economy as it relates to the real estate industry. Verisite boasts two years’ worth of mobile appraisal and property inspection reports combined with 30 years of the industry’s most reliable, forward-thinking technology.”
