Lenders
Welcome Lenders
We offer reliable, accurate, and timely appraisal services to support your lending needs. Whether it’s a residential or commercial property, our experienced team delivers detailed, underwriter-ready reports designed to help you make informed decisions. Trust Lone Star for fast, efficient, and professional service every step of the way.
How it Works
✔ REGULATORY COMPLIANCE AT NO COST TO THE LENDER.
✔ ONLY YOUR BOARD APPROVED APPRAISERS OR OUR OPEN APPRAISER LIST.
✔ APPRAISER FILES FOR ANNUAL BOARD APPROVAL PACKAGE OR REGULATORY AUDIT.
✔ ADDITIONAL APPRAISER APPROVAL INFORMATION.
✔ REAL-TIME COMMUNICATIONS VIA WEB PLATFORM, STATUS/NOTES PAGE, AND LOAN OFFICER VIEW.
✔ ELECTRONIC DIRECT DELIVERY TO BORROWER (OPTIONAL)
✔ NATIONAL COVERAGE
✔ APPRAISER SUPPORT
✔ UCDP UPLOAD (OPTIONAL)
✔ CUSTOMARY AND REASONABLE APPRAISER FEES (ALWAYS)
✔ TWO-STAGE ACCOUNTING
✔ TWO-WEEK APPRAISER PAY
✔ MONTHLY TURN TIME REPORTS
What do we need from you to start placing orders today?
✔ PROCESSOR LIST
✔ APPRAISER LIST (IF APPLICABLE)
✔ FEE SCHEDULE
✔ LENDER REQUIREMENTS CHECKLIST
It’s pretty simple and doesn’t have to be complicated. Additional services (i.e., electronic borrower delivery, UCDP upload, EAD upload) can be added at a later time, and remember, even though these are add-on services, there is no additional cost to you or your borrower.
REVISIONS/CORRECTIONS/REQUESTS FOR VALUE RECONSIDERATION
Post-completion requests for revisions and corrections are easily managed through our order platform. Requests for Value Reconsideration for appraisal and evaluation assignments are available on Lone Star AMC’s web platform via the Reconsideration of Value Form. Clients can submit requests that include alternate comparable sales for review and comment by the appraiser or evaluator. If, after reviewing the Client/Borrower/Realtor-supplied alternate comparable sales, the Estimate of Value remains unchanged, the client has several options available. The Market Value Dispute Resolution process is explained in detail.
MARKET VALUE DISPUTE RESOLUTION
According to the Dodd-Frank Act and the 2010 Interagency Appraisal and Evaluation Guidelines, a client may dispute the Estimate of Value of an appraisal. In the event of a dispute, the Client may order a Review Appraisal, either desk or field, that complies with Standards Rule 3 of USPAP. If the Review Appraisal does not support the original value estimate, the Client may utilize the Review Appraisal or order a second appraisal. Please note that the Review Appraisal and/or second appraisal would be at the Client’s expense.
Frequent Questions
Here are some of our most common questions for your research, or feel free to explore our FAQ page. First, a little backstory: in 2019, Lone Star AMC was founded with a focus on regulatory compliance for community banks and credit unions. Over the years, we have expanded our customer base and service footprint, typically adding several states to our service area each year.
How do I become an approved appraiser with Lone Star AMC?
To become an approved appraiser with Lone Star AMC, you need to complete our appraiser registration process. This involves submitting your qualifications, certifications, and professional experience for review. Once approved, you’ll be added to our network, and we’ll match you with appraisal assignments based on your location and expertise.
What types of appraisal services does Lone Star AMC provide?
Lone Star AMC offers a wide range of appraisal services to meet the needs of lenders, real estate professionals, and other clients. Our services include residential appraisals, commercial appraisals, appraisal reviews, desktop appraisals, and alternative valuation products. We ensure that all appraisals are accurate, timely, and compliant with industry regulations.
How does the appraisal ordering process work with Lone Star AMC?
Once you become an approved appraiser with Lone Star AMC, you will receive appraisal orders through our secure online portal. You can review, accept, and complete assignments directly from the portal. After completing the appraisal, you’ll upload the final report, and we will handle all communication with the client. Our streamlined process ensures fast, efficient service for both appraisers and clients.
How do I get paid for completed appraisals?
At Lone Star AMC, we value our appraisers and ensure they’re paid promptly. After submitting your completed appraisal, we process payments based on our established terms, typically on a bi-weekly or monthly schedule. You can track your payment history and payment status through our secure appraiser portal. For more details on payment terms, please contact our support team.
What are your compliance standards for appraisers?
Lone Star AMC places a high priority on compliance with federal and state regulations. All of our appraisers are required to be licensed and certified according to industry standards, including the Dodd-Frank Act, Fannie Mae, Freddie Mac, and Appraiser Independence rules. We also ensure that appraisers comply with state-specific regulations and maintain high standards of professionalism. Regular training and updates are provided to keep our appraisers informed on the latest compliance requirements.