The Home Loans Property Valuations area within banking institutions relied heavily on manual processes to execute operational requirements of home loan applications. Valuations were physically completed at the property in question by internal staff (assessors) or via external contractors and faxed back to the banking institution.
This proved to be slow and ineffective. This was further compounded by the rapid growth within the property market.
eProp Solution offering
Mint’s eProp solution is developed as a fixed-asset valuation system for the home loan industry. It enables
the management and administration of valuators in the field with tools to conduct all required daily
operations. This includes the ability to accept property valuation requirements on a desktop or mobile
device from the Bank’s internal applications, the assessor completes the request on the road and the
Bank’s internal applications are automatically updated with the valuation decision.
The Bank’s valuations managers can monitor the valuator’s activities real-time, with the ability to; reallocate work, follow up with
additional valuation information, ensure Service Level Agreements are met, measure valuators against set targets, monitor travel
logs and locations, allocate the closest valuator to an assessment, and a whole lot more...