Whether you are a small bank, credit union or other mortgage lender, whether you offer loans to residential customers, businesses, agricultural clients or some combination of these, you probably have your hands full. Tailoring great loans to different customers can be time-consuming, if rewarding, work. A big chunk of that time is often consumed by the appraisal process. Finding the right appraisers who can generate the right valuation without coming into contact with your loan officers can be a real hassle.
A good appraisal management company (AMC) in Missouri is your way around that hassle. Appraisal management companies in Missouri exist to help you find great appraisers while putting up an impenetrable firewall between them and your loan officers, so you do not risk a compliance violation.
Before considering an internal appraisal management team, which can be expensive, difficult to manage and create that compliance risk, consider bringing in SAMCO as your Missouri AMC.
State of Lending Markets in Missouri
Those seeking loans in Missouri are fortunate in that there are many features in place to protect them, such as the Missouri Usury Law. This can make loan seeking very tempting in Missouri, which can be a boon to small banks and mortgage lenders. However, it is also a stark reminder that regulations when it comes to mortgage lending are tougher than ever in the wake of the 2008 mortgage crisis.
This means even if you have many opportunities to build loans in Missouri, it has never been more important that you take steps to remain in compliance — and you can start by finding the best appraisal management company in Missouri, which we hope you will agree is SAMCO.
SAMCO for Protection and Value for Your Missouri Loans
SAMCO is the perfect company for you as a lender in Missouri because we solve your two biggest problems — getting quality valuations and staying in compliance. We have a great network of appraisers, and dealing with state and federal lending regulations is what we do every day. There is no reason to spend time and money on assembling an internal appraisal management team when we have an affordable, efficient solution all ready and waiting for you.
Get in touch with us now to find out about the range of appraisal management services we can offer. We provide a customized appraisal management system using real-time data to help optimize your loan valuations. We can also create a comprehensive review of your system to make sure you are in full Uniform Standards of Professional Appraisal Practice (USPAP) compliance as well as a compliance audit that simulates what a government audit might be like — without the potential consequences and penalties. We worry about your valuation and your protection, so you don’t have to.
Contact SAMCO for Stress-Free Appraisal Management in Missouri Today
Having SAMCO on your side is like having an internal appraisal department, but with more expertise, a lower cost and less risk. We offer top-notch customer service and a highly-experienced and knowledgeable appraisal management team. Learn how we can help make your appraisal process stress free by calling 888-832-1129 or contacting us online today.