Appraisal_Works

AppraisalWorks is a cloud-based appraisal management technology platform that caters specifically to banks, credit unions, loan servicers, and mortgage lenders. It enables these financial institutions to streamline the process of ordering, managing, maintaining, and analyzing real estate appraisals and collateral valuations. The platform has been recognized for its potential to transform real estate appraisal management into a competitive advantage, and it is patented under U.S. Patent 10,635,999. AppraisalWorks aims to improve process efficiency, ensure regulatory compliance, and facilitate collaboration between lenders, processors, appraisers, and borrowers. By doing so, it significantly enhances loan turnaround time, reduces cost per loan, and ultimately improves the borrower experience. Founded in 2018, AppraisalWorks operates within the Cloud Infrastructure and Real Estate industries. While information about its headquarters, last investment, and last investment investors is currently unavailable, the platform's focus on addressing key pain points in the real estate lending process positions it as a promising solution for the industry's evolving needs.