We know appraisal review can be complicated and time consuming. To thrive in the mortgage space, speed of service is paramount. Our appraisal underwriting risk analyzer, AURA® is now available for instant ordering in our Product Portal. Simply sign up or log in to the portal, upload your appraisal report, and receive your AURA Summary Report PDF in five minutes or less.
AURA is an intelligent automated collateral review tool. It enables users to close loans faster by applying a risk-based approach to appraisal review. AURA is the key to unlocking fair and accurately valued appraisals.
With more than 23 years of experience in property valuations, Clear Capital’s vault of data and review knowledge makes us the clear choice for appraisal review. Our proprietary review tools and rulesets are a cut above the rest. When you need a quick, accurate, and trustworthy risk analysis of your appraisal, use AURA.
Underwrite smarter and faster with AURA
AURA reduces review efforts by 50% or more. Fully analyze an appraisal without performing manual review or searching elsewhere. AURA supports automated collateral review on Uniform Residential Appraisal Reports in XML and PDF formats.
The AURA PDF gives lenders a centralized assessment of risk in a cost- and time-efficient manner. The PDF includes results from public records, local market insights, ClearCollateral® risk scores, ClearQC rules, and ClearRank comparables.
Tap into AURA’s valuable review tools:
- ClearQC® highlights concerns within a valuation to direct the reviewer’s efforts and shave time off the process. It runs 89 rules on each appraisal to check for completeness and consistency, errors in photos, sketch discrepancies, property condition, and more.
- ClearPhoto® is a powerful set of AI-driven rules that automates photo and sketch review to ensure the property photos and sketches align with the appraisal data.
- Condition Model uses AI to assess a property’s condition using appraisal photos and property data, then compares the condition to the appraiser’s C-rating to flag discrepancies.
- Risky Terms help reviewers detect bias within the appraisal by scanning for problematic language.
- ClearCollateral® Scores, including our Valuation Accuracy Score, Valuation Confidence Score, and Report Quality Score offer a holistic view of an appraisal’s accuracy and quality alongside our confidence in the valuation.
- Comparables help understand the risk of over- or under-valuation via the sales comparison approach.
Register for the Product Portal and begin ordering in minutes
The Product Portal is a one-stop-shop to access Clear Capital’s property data products and valuation services. Signing up is easy, and you can instantly order AURA alongside a host of other property data and valuation products, including ClearAVM, Collateral Desktop Analysis (CDA®), ClearProp®, Residential BPO, Residential Evaluation, Property Condition Inspection, and Post Disaster Inspection.
Visit portal.clearcapital.com to get started.
