Total Home ValueX™ (THVx™)
Total Home Valuex (THVx) is an advanced automated valuation model (AVM) that provides property market value estimates at specific points in time. Integrated into Encompass and Encompass Partner Connect (EPC), THVx combines CoreLogic's extensive property data and analytics to deliver accurate, instant property valuations tailored to the mortgage industry's fast-paced needs.
Use Cases
Marketing:
THVx enhances digital marketing by providing precise property value insights for targeted campaigns. Its industrial-grade data accuracy outperforms lower-cost alternatives, delivering superior market intelligence.
Loan Origination and Refinancing:
THVx enables immediate property valuations, streamlining the mortgage approval process and supporting fair market valuations for refinancing, ensuring accurate loan-to-value (LTV) ratios.
Portfolio Management:
Financial institutions use THVx to reassess mortgage portfolios regularly, adapting to market changes and optimizing risk management strategies.
Real Estate Investments:
Real estate investors rely on THVx for quick, informed property evaluations, aiding better investment decisions based on current market conditions.
Why THVx Matters
The integration of THVx™ into Encompass transforms the mortgage lending and management process by delivering:
Speed: Instant property valuations accelerate underwriting and approval, meeting the demands of a fast-paced market.
Accuracy: CoreLogic’s extensive databases ensure reliable, up-to-date valuation data.
Efficiency: Automating property valuations reduces staff workload, freeing them to focus on more complex underwriting tasks and customer service.
Risk Management: With accurate and objective valuations, lenders can better assess and manage the risks associated with lending and investment decisions.
The integration of THVx™ into Encompass and EPC represents a breakthrough in property valuation technology. As one of the most advanced and reliable AVMs available, THVx™ empowers professionals to navigate the complexities of property valuation with confidence. By leveraging this cutting-edge tool, mortgage and real estate professionals can provide superior service and make well-informed decisions, ensuring accuracy, efficiency, and reliability in every transaction.
For more information, visit CoreLogic.com
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