Take Valuations Up a Notch

GEAR™represents the next evolution of valuation products by providing a cost-effective solution that addresses today’s regulatory and compliance environment. GEAR reports are designed to provide mortgage professionals with a comprehensive appraisal report that fits an array of lending, servicing, and other interagency appraisal exception applications.*

Solid Adjustments with GeoScore™

GEAR is built using GeoScore, a patented* scoring methodology designed to simplify the complex adjustments of traditional appraisals. By scoring key subjective features such as view, location, site and condition, GEAR creates a reliable and consistent measurement for appraiser adjustments. GEAR derived adjustment factors are supported by an industry leading valuation platform leveraging dynamic forms fueled with multi-sourced data, rules-driven validation, and appraiser-derived analytics. What sets this apart from other alternative valuation products is that its completed by an appraiser who independently selects the comparables.

Built for Compliance

GEAR products are built from the ground up to meet the stringent regulatory demands facing lenders today. GEAR AP Exterior is designed to meet and exceed all the Evaluation Content Requirements as outlined in the Interagency Guidelines. Coupled with the necessary USPAP requirements, GEAR reports are classified as an appraisal report providing you maximum flexibility depending on the intended use. Lastly, for lenders and servicers needing to meet CFPB Equal Credit Opportunity Act (ECOA) Valuations Rule, GEAR’s consumer-focused design provides needed clarity in the valuation conclusion.

  Exterior Broker
Price Opinion
Inspection Perfomed By Agent Appraiser Appraiser Agent Agent Appraiser
Inspection Type Exterior Exterior Exterior Exterior Interior Exterior
Interagency Appraisal and Evaluation Guidelines
Identify the Subject Property
Subject Current and Projected Use
Appraiser’s Estimate of Market Value  
Exterior Inspection and Condition Verification
Describes Valuation Analysis
Provide Considered Supplemental Information and Analysis
Indicate Information Source(s)
Preparer’s Certification and Information
Appraisal & USPAP Requirements
Performed by a Licensed or Certified Appraiser  
Designed to Support USPAP Compliance  
Appraisal Report    
Unrestricted Use    

* U.S. Patent No. 8,046,306   † Interagency Appraisal and Evaluation Guidelines (December 2010), Section XIII, “Evaluation Content”

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