PreQualPro™ is an industry-first technology that quickly and accurately analyzes a property’s collateral value against a value estimate. PreQualPro is a mortgage analytic tool that helps all parties to the origination process more efficiently manage time and cost, increase pull-through rates and effectively decrease costly fallout.
This solution provides the clearest possible indication whether an input value is supported by current market sales metrics. Having this information early in the loan application and approval process helps loan officers, investors, realtor / brokers, title professionals, and even consumers better manage resources and expectations and avoid unnecessary costs. Click here to view a sample report.
How it works: The user inputs an estimation of value. PreQualPro validates that estimate and returns a report containing a best estimation of value, a value range, a probability rating, and neighborhood metrics detailed and plotted on an area map. Actual sale prices (not MLS list prices) are provided and take into consideration nearby sales and market activity, helping identify artificially inflated markets that an AVM would support.
Contact us today to learn more about the power of RealQuest Professional — the standard in property data and analytics.
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