Appraisal management made free, easy, and flexible
- Use your experienced appraisers, or ours, or a combination of both
- Run custom review rules before you receive the appraisal, reducing phone tag due to oversights
- Get 24x7 order status and more, without software to install
- Select appraisers by proximity and local market knowledge
- Use our 100% coverage when needed — we have appraisers in every U.S. county
- Want a personal walkthrough of the system? Call us at 1-800-434-7260 today
The most powerful system for appraisal management
Mercury Network is the dominant online appraisal Vendor Management Platform (VMP), allowing you to manage your entire appraisal workflow from any web browser, while remaining in full compliance with federal and burgeoning state regulations.
It's far more robust than any of the simple web-based “yellow pages” systems. Instead, it’s a complete appraisal ordering, receiving, and workflow management system. It’s been used by more than 200,000 mortgage professionals since 2002 to automate the full “round trip” of tens of millions of appraisals.
If you’re a lender, Mercury Network gives you all the efficiencies of an outsourced appraisal management company, yet you stay in full control. You don’t lose your existing local appraisers, and you keep appraisal fees lower for your cash-strapped borrowers. Yet, you’re still 100% compliant with HVCC, FHA, GLB, and Federal Interagency Appraisal Guidelines.
Or if you’re an AMC or a lender looking to create an appraisal management revenue stream, Mercury Network can provide 100% of your back office and appraisal management technology.
In either case, you’ll save time in quality assurance, compliance, and underwriting, since Mercury runs thousands of customizable rules against every report, before it even leaves the appraiser’s desktop. You also get XML data feeds (Fannie Mae CDD compliant, in fact) and secure encrypted transmissions to keep your data safe and GLB compliant.
Mercury has been proven in the real world on millions of appraisals. Since you can be much more efficient just minutes from now, why wait? Call us today at 1-800-434-7260 for a personal walkthrough.
Get a copy of our brochure: Click here.
How to: Use local appraisers and easily stay compliant
How to: Get organized and cut turn times
Testimonials
"Dropping our AMC and going to Mercury Network was the best business decision I made in 2009. The AMC filled my days with arguments between the bank, borrowers and Realtors. With Mercury Network, we get appraisers located near the subject property who know the area and their pricing is lower than the AMC. We can work with appraisers we know and trust, since Mercury allows us to assemble our own panel. We are HVCC compliant and free of the hassles of using an AMC. Mercury Network’s “Double-Blind” mode allows our processors to once again order appraisals. Instead of arguments over values, I can work on things that make the bank money. Thank you Mercury Network!"
"We chose Mercury Network because we can customize our fee panel and we've got hassle-free, total control over it. You can't get that with AMCs. We also love how easy the order process is and we're kept up to date on each step of the process, from acceptance, to inspection date, inspection complete, and so on. Those status updates save us a lot of time."
The decision to use Mercury Networks was simple as it allowed us to keep a lot of our independence and a feeling of maintaining some control over that part of originating good, quality loans. Throw in the convenience of using Appraisers we knew and trusted, all while keeping us in compliance with the regulations --- and you have the makings of great tool that compliments your origination talents. It also worked well for the Appraisers, as we could continue to support them without burdening them with high usage fees or paying high AVM fees. Mercury has kept it simple, yet useful and effective.
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