Utilizing Freddie Mac’s industry leading HVE Database, Advanced Data is not only able to provide clients with the most accurate property valuation available, but also the fastest. By simply completing a few fields about the property in Advanced Data’s state of the art web application, clients are able to receive the answers they need immediately after the form is submitted! Not only will you see numerical information about the property, but also a map of its location from Google.
Advanced Data now offers an Automated Valuation Model as part of our growing line of loan origination tools. It is widely known that determining accurate property valuation at the beginning of the loan process is a key to a successful origination. AVM reports save time and assist in fraud prevention as a supplement to a surveyor based appraisal. Advanced Data’s cutting edge software makes requesting property AVMs simple, fast and secure.
Advanced Data has chosen to provide Freddie Mac’s Home Value Explorer (HVE®) as it is one of the top Automated Valuation Models available. HVE provides extensive coverage and is one of the most precise available. The average hit rate, which HVE defines as the ratio of results divided by addresses submitted, exceeds over 70 percent nationally. This is well above the industry standard, making it the smartest choice for the most accurate, trustworthy results.
