Reggora is a VC-backed technology company that is automating the residential valuation process. They’re working to remove the headaches from one of the most labor-intensive and time consuming components of securing a mortgage: the appraisal. Their modern, two-sided platform for mortgage lenders and appraisal vendors streamlines the entire appraisal process to shorten turn times and upgrade the experience for everyone involved. Reggora handles payment processing, appraisal scheduling, automated underwriting, appraisal delivery, status updates, and more, creating unprecedented operational efficiency.
“We’ve had multiple occasions where even the borrower has been shocked by how fast the appraiser has accepted the order and done the inspection and then gotten the report. I …
“The only way we really knew if an appraisal was ordered was if you specifically opened that loan up and searched through it, looked over the comments. About five or …
“By having our payment process set up to default to collecting at the time of ordering, we have seen significant improvement on revenue leakage compared to our previous platform.”
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