Byte Software, a provider of mortgage software solutions for banks, credit unions, mortgage bankers and mortgage brokers has partnered with AppraiserLoft to provide compliant and warranted valuation products to Byte Software customers. The integrated solution allows Byte Software customers to quickly and seamlessly order AppraiserLoft services directly from within Byte Software's BytePro loan origination software (LOS). Byte Software specializes in providing software products to streamline and automate the processes used by mortgage originators, processors and closers.
AppraiserLoft, a nationwide appraisal management company (AMC) operating in all 50 states, offers residential valuation services targeting the mortgage lending and servicing industries. AppraiserLoft provides immediate access to residential real estate appraisal services through an in-house developed appraisal platform. AppraiserLoft's proprietary platform and processes allows for client collaboration to help provide customized solutions. This collaboration and customization adds value to the clients’ process since it allows them to structure the system to meet their business needs.
In addition, AppraiserLoft is in full compliance with Federal Housing Administration (FHA) regulations and Home Valuation Code of Conduct (HVCC) guidelines, providing peace of mind to the mortgage professionals in today’s challenging regulatory market. Masad Baba, chief compliance officer of AppraiserLoft said, “This integration in BytePro enables our customers to order appraisals easily and directly within the software returning the full appraisal meeting all FHA regulations and HVCC guidelines.”
For more information, visit www.bytesoftware.com or www.appraiserloft.com.