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Wholesale and Correspondent Lenders

First American is your industry expert for all of the needs throughout the wholesale and correspondent lending process. We bring the expertise of our family of companies together into a single source, and provide you with a time- and effort-saving single point of contact for our entire suite of solution.  This lets you concentrate on growing your business and serving your customers.

First American has created solutions that serve all facets of the wholesale and correspondent lending process, from pre-qualification to origination to quality control. Each product carries with it the expertise of a specific, focused member of the First American family of companies backed by the collective strength of The First American Corporation.

Prequalification

During the pre-qualification phase, you need quick, accurate valuations to make informed decisions. our suite of products can help reduce overall loan default exposure by identifying likelihood of overvaluations.

Origination

During the origination phase of the lending cycle, a more in-depth, more detailed and wider array of valuation information is required. To meet this need, First American has compiled a selection of solutions to protect your investments and to ensure that all parties have insight into the overall picture of a property.

To recognize the needs of this specialized market segment, several on-line pre-payment options, including credit card and electronic check payment, are offered. This alleviates the burden of the collection process for our wholesale and correspondent lending customers.

Quality Control

There is an immediate need for wholesale and correspondent lenders to protect against fraud and inflated values. To directly address these concerns, First American has brought together the effective solutions to ensure complete quality control throughout the loan process.

For more informaiton please view the soltuions below:

 

Broker Price Opinions (BPO)
Our BPO solutions are powerful and flexible. Each comes with an exclusive value provided only by us; a location map showing the proximity of the comparables to the subject property.
Desk Reviews
First American offers a variety of desk review products, all performed on the standard form 2006, to aid retail and wholesale lenders alike in their due diligence process. 
EagleCert
This is an insured valuation that incorporates the most up-to-date and accurate AVM technology and First American eAppraiseIT's appraisal expertise.
LoanIQ
The intelligent approach to managing collateral risk that Instantly identifies high-risk loans and reduces default exposure.
Traditional Appraisal
First American is the industry leader of third-party, traditional collateral valuations. 
Vector
Vector's rules management system reduces exposure to collateral risk.
Value Reconciliation Report
A Value Reconciliation Report is an analysis of two or more residential property valuations to assist in reconciling disparate values.