in-house
Appraisal management
Strong appraisals and appraisal processes are critical to the Southern Trust loan process.
While we comply with all lending laws, Southern Trust has opted to use our in-house Appraisal Management department. Our ordering platform, Mercury Network, ensures that we stay AIR compliant. Southern Trust does not use a national appraisal management company (AMC). The platform, ordering processes, and underwriting are managed by a team of Southern Trust employees.
FEATURES • Branches build and add their own panel of appraisers to be used in blind rotation. • Our Appraisal Management Team is the direct contact for each Appraiser, and provides continuous updates during the order process. • You are automatically alerted when the appraisal report is in. • The Team coordinates directly with the Collateral Underwriters to provide timely underwriting of your appraisals.
37