New Features Coming Soon to Verisite!

Verisite Property Inspection Software Expanded to Include More
Information for Faster Lending Decisions

 
The Verisite property inspection tool will soon be updated to include AVM values, local market and sales activity, risk mitigation, and more.

The Verisite product line will be expanded in the next week or two to include two new Verisite products in addition to the Verisite Photo Report. Look for the Verisite Collateral Data report and the Verisite Plus report.  These new reports will offer historical property data and AVM values.  Combined with the Verisite Photo Report, these products provide you with current, comprehensive property inspections for faster lending decisions. 

 

Verisite Collateral Data
The Verisite Collateral Data report provides a wealth of information condensed into a single document to efficiently direct and streamline workflow. Collateral Data begins by taking large amounts of property detail and summarizing it into scores so that lenders can get to know the property at a fundamental level at a glance. With valuable and easy-to-apply scores, potential risk can be quantified up front and lenders can dive into the details for each score so that any follow up measures can be directed to the specific individuals, teams or departments equipped to handle needed investigation and/or due diligence.

14 sections of data and information will be delivered for comprehensive decisioning, including:

Verisite Plus
The best of both worlds!  Verisite Plus combines the Verisite Photo Report and Verisite Collateral Data report into a single, complete, powerful property and market data and risk analysis report for driving faster decisioning on loans that don’t require full appraisals. 
 
Verisite Plus utilizes the to-the-moment benefit of the Verisite Photo Report to provide the most current property information available, and joins it with the Collateral Data report to give lenders historical data from public records and deed transfers.  This provides a complete picture of the property.  Also, lenders get a list of the top 20 recently sold nearby properties.