AppraisalWorks, a provider of real estate appraisal technology, recently announced Symmetry Lending has fully implemented its appraisal management technology platform to streamline and automate the production of all loans requiring any type of valuation.
Symmetry Lending is a Credit Union Service Organization (CUSO) founded in partnership and collaboration with credit unions across the country, headquartered in Atlanta.
Implementation was completed through AppraisalWorks’ streamlined client on-boarding process.
“Symmetry Lending selected the AppraisalWorks platform for its agility and on-demand control over the entire appraisal management process,” Bjorn Peterson, senior vice president of Mortgage Operations for Symmetry Lending, said in the release. “Integration was seamless and now we have an intuitive, easy-to-use, modernized appraisal system in place to improve efficiency, streamline our appraisal process and provide visibility throughout the appraisal lifecycle.”
AppraisalWorks Vice President Ben Wiant spoke of the significance that presents itself to his company forming this partnership.
“We’re very honored to be chosen by Symmetry Lending as its exclusive appraisal management technology platform and appraisal modernization partner,” he said. “Symmetry Lending came to us with a problem that is very common in the industry – the appraisal process had become inefficient due to multiple disparate technology solutions that hindered communication and resulted in duplicate efforts.
“After very thoughtful evaluation of potential technology partners, Symmetry Lending selected AppraisalWorks to help them consolidate this function onto one integrated platform,” Wiant added. “As a result of this implementation, they expect to save real dollars and increase efficiency across their loan fulfillment and appraisal review processes. We are thrilled to help position Symmetry Lending for long-term success and support its mission of delivering best-in-class service, speed, and simplicity to its customers.”