Meet Your Business Needs & Remain Compliant.
The Team at Star Appraisal understands “not one size fits all”. As a licensed appraisal management company and division of Credit Information Systems, our plan is to more than meet your needs & help you succeed by providing you with the right solutions, along with the exemplary customer service we are revered for! That’s why we want to learn more about your business directly from you so we can best create your customized solution that includes the necessary products & services.
To answer your questions and exceed your expectations with our quick and responsive service is why we come to work each day. You’ll feel secure in a partnership with us knowing our subject matter experts are working hard to stay on top of industry standards to ensure you have the products and services required to keep your process flowing and in compliance.
If you want top-notch quality and personal attention, then you’ve found the right partner with Star Appraisal Management Company. Our Team ensures that through every step in the process you’ll be beyond pleased with our service. That service is just one of the reasons we have such loyal clients!
The Star Appraisal Management Company Team’s job is to make the appraisal management process as smooth as possible for you and your customers by providing superior service and industry expertise.
We approach full-service Appraisal Management with speed and accuracy and answer phone calls and emails – promptly.
And, here are just a few more of the many benefits of our full-service appraisal management option:
- All communication between you and the appraiser is monitored to ensure reports are completed in a timely manner and updates are made along the way.
- Appraisal reports are reviewed for completeness.
- Assistance with disputes regarding the appraised value is provided.
- The appraiser is advised of any underwriting conditions or corrections needed.
- With approval, reports are submitted to UCDP or EAD.
- The option to email an appraisal report to a borrower is available.
- Process payments to panel appraisers on your behalf and in compliance with applicable laws and regulations.
Star Appraisal strives to provide compliant resources through our web-based, secure technology which features blind rotation of appraisers and communications monitoring.
Our flexibility allows you to create a panel of appraisers you know and trust. Or, we can assist you in finding a qualified appraiser in a less familiar market.
Licensed in the following states:
- Nebraska – NE2012083
- Iowa – 00050
- Kansas – KS101
- Missouri – 2014009435
- South Dakota – SD-1117-2023
- Tennessee – 279
- Connecticut – 266
- Massachusetts – 161
Star AMC operates to assist in Appraisal Independence Requirements functions within state and national appraisal industry requirements.
At Star Appraisal Management Co., we ensure our appraisers possess the geographic and product competence required to deliver accurate and timely appraisal reports.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
Experience significant gains in appraisal process efficiency with Appraisal Firewall’s extensive, customizable feature set.
Appraisal Firewall was developed to help lenders of all sizes cope with the ever-changing regulatory landscape. Millions of appraisals go through Appraisal Firewall in a safe, compliant environment that encourages local relationships.
Here are a few features and benefits of Appraisal Firewall:
- Manage order lists quickly and customize your view.
- The Appraisal Firewall communication system keeps all parties aware of every appraisal order’s progress to completion.
- Effective team and user management features provide organizational oversight.
- Activity tracking and management reporting ensures you know what’s happening with orders, appraisers, users and costs… all the time.
- Easy and flexible payment solutions for all loan products and preferences.
- Quality control features are in place to protect the lending business and manage appraisal risk. You can pick and choose the features you want to enable.
- Comprehensive risk management with multi-layered features to reduce cost.
- Automated workflow to help streamline appraisal delivery to completion.
- Regulatory compliance features for double-blind, automatic order assignment to appraisers.
- Track every message back and forth from lender to appraiser and all system activities on every order.
- FEMA disaster monitoring so you can instantly know if any collateral properties in a declared disaster area.
Development continues to further enhance everyone’s lending experience while minimizing the challenges posed by the changing regulatory environment.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
Use Appraisal Firewall as your technology solution to efficiently & effectively manage your appraisal process.
Keep your appraisal process organized & meet more closing dates as you work within compliance guidelines in a highly regulated environment.
Benefits of Appraisal Firewall’s Tech Only Solution:
- FLEXIBLE, user-friendly, secure platform to manage your entire appraisal process.
- CUSTOMIZE and automate your own assessment processes.
- Dodd-Frank Act Compliant. Guarantee delivery of independent appraisals while logging all activity, protecting residential & commercial Lenders from audits and related penalties and fines.
- Tailor your communication process – transparency and open communication – appraiser & lender communicate within the platform, systematically or independently. Select & oversee your own appraisal panel and work directly with your trusted appraisers. Plus, track every order! Lenders can access all loan production & appraiser steps throughout the entire process.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
Estimating an asset’s value based on what it cost, the income it may generate and the fair market value compared to other similar assets, is required by the lender to close a loan on a particular property (mortgage, refi, tax value, etc.). This is where a licensed appraisal comes into the process.
A residential appraisal is another box to mark on the closing checklist. For a residential appraisal to be legitimate it must be conducted by a party certified and licensed by state regulatory boards. The party must also meet USPAP Standards and pass the required courses associated with their certification as a residential appraiser.
At Star Appraisal Management we require the following qualifications of appraisers accepting orders:
- Licensed appraiser in good standing with the applicable state’s licensing board.
- For FHA appraisal reports, Federal Housing Administration (“FHA”) Certification.
- E&O Insurance of no less than $500,000 per occurrence.
- Acceptance of and agreement to comply with STAR AMC Letter of Engagement (per order).
We’re here to help so please contact us for any assistance.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
The appraised value of a commercial property is usually required as part of the sale. Commercial appraisals have a much lengthier process than residential appraisals and they often involve many additional factors.
Star Appraisal Management Company can help manage this process for your business and place your order in the hands of a professional licensed for this type of valuation.
We’re here to help so contact us with any questions.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
Be more efficient acquiring property inspection reports and collateral valuation data utilizing cutting edge mobile technology for to-the-moment property detail, via the Verisite line of products.
Verisite Photo Report Verisite Collateral Data Verisite Plus
These tools may be used on purchase and refi loans when drive-bys, desktop appraisals, exterior-only inspections and other appraisal products are ordered to provide more property detail: as addendums or exhibits that include interior inspection info.
Verisite products are also extremely helpful on HELOCs and sub-loan products such as disaster relief inspections, new construction progress evaluations, portfolio reviews, and more.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
A comprehensive, single view of a property’s real estate attributes.
- A quick snapshot report used when an appraisal waiver is issued by Freddie Mac.
- Everything needed to know about a property is in the PDR including location, owner vesting, history, tax, zoning, flood info, property characteristics, listing info, etc.
- The property data collection must be an on-site interior & exterior physical data collection of the subject property.
Additional info on the subject property’s condition, allowing lenders & borrowers to benefit from originating loans without an appraisal & ensure loans purchased are secured by properties in acceptable condition.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
Questions? You’re our priority – call us at 800-875-7402 for answers.
We’re here to help, Monday through Friday, 8 a.m. – 5 p.m. CST.
Use this scoring technology for immediate cost savings, more objective analysis & faster processing.
- Applied to 1004, 1004C, 1025, 1073, 1075, 2055, 2090 & 2095, most standard form types.
- Reduce review times with interactive collaboration between lender, reviewer and appraiser.
- Scoring summary allows for better collateral decisions, improved reporting & the most comprehensive understanding of both the UCDP & EAD’s stringent rules.
- Quickly determine if auto accepted, rejected outright or needs further review.
- Reduce repurchase risk – make advanced & appropriate routing judgments – loans enter appropriate funding stream.
- In-depth analysis & reporting on completeness, property data, comps, regulatory, mortgage insurer & investor requirements.
- In-depth, customizable reporting on potential valuation bias.
- NEW! Indicative Words Tool scans report against customized list of words that may infer racial bias or any other bias during the appraiser’s analysis of the property, possibly altering the perceived value.
- Multi-faceted. May be used to catch key terms the lender, underwriters and/or investors require in report.
- Check appraiser’s name & license # against Appraisal Subcommittee (ASC) database, identifying possible licensing problems, ensuring appropriate license level for assignment & matches state of issue to appraised property’s location.
