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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Appraisal-AI is an innovative software solution designed to assist U.S. banks and appraisal management companies (AMCs) in their appraisal review processes through the use of artificial intelligence. This advanced platform is capable of analyzing both commercial and residential appraisal reports in their entirety while generating findings complete with page references for easy navigation. A rules-based engine ensures accuracy by verifying important data such as figures, dates, and rental rates, which are matched against financial tables that have been extracted from the reports. Before the final results are delivered, a human reviewer meticulously examines each outcome for quality assurance. Additionally, the software produces the BRAVE 99-field XLSX format specifically for commercial reports, facilitates the extraction of financial data into Excel, identifies potential bias language in accordance with the Fair Housing Act, and accommodates UAD 3.6 guidelines for residential reports. Users can also inquire about specific details within report PDFs, which are supported by page citations, and leverage a Partner API that includes webhooks along with options for white-label report delivery. For those interested in compliance and security, the platform's SOC 2 Type 2 report is accessible under a non-disclosure agreement. This comprehensive tool not only streamlines the appraisal review process but also enhances accuracy and accountability across the board.

Description

A contemporary platform for property underwriting and origination is transforming the industry by removing the burden of data entry and harnessing insights from data on a large scale. By streamlining loan closing processes, it significantly boosts loan originations. Gain an edge over competitors with rapid quotes and assured execution, as this platform can reduce the time taken to quote and finalize a deal by up to 80%. The system also promotes better transparency and compliance, ensuring that every piece of data can be traced back to its original source document effortlessly. With a robust suite of alerts and automated reconciliations, the accuracy and reliability of data are greatly enhanced. By improving intelligence and data transparency, it effectively mitigates risks associated with property transactions. Users have the ability to access vital information in real time, allowing them to identify potential property performance issues before they escalate. This allows employees to concentrate on making important underwriting decisions rather than getting bogged down by data entry tasks. SpaceQuant leverages its unique AI technology to extract and analyze both unstructured and semi-structured data from a variety of property financial documents, including rent rolls, operating statements, budgets, and information memorandums. This innovative approach not only optimizes workflows but also empowers organizations to make more informed decisions in a rapidly changing market landscape.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Appraisal-AI, Inc.

Country

United States

Website

www.appraisal-ai.com

Vendor Details

Company Name

SpaceQuant

Country

United States

Website

www.spacequant.com

Product Features

Loan Origination

Amortization Schedule No 
Audit Trail No 
Closing Documents No 
Compliance Management No 
Customer Database No 
Digital Signature No 
Document Management No 
Fee Management No 
Loan Processing No 
Online Application No 

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