Appraisal management company Class Valuation and Land Gorilla, a provider of construction lending software, have announced an integration that adds a new Appraisal Management Company category to Land Gorilla’s inspection marketplace.
The integration enables lenders to order or automate final inspections and appraisal updates directly within the Land Gorilla platform. Centralizing this critical step in the construction loan lifecycle cuts delays, reduces risk and speeds draw disbursements for lenders, Class Valuation says in a release.
Through Land Gorilla’s marketplace, mutual clients can automatically trigger inspection orders when a project reaches its completion milestone.
Class Valuation routes the request to the original appraiser when available or quickly assigns a qualified local appraiser. This minimizes the end-of-project bottleneck that often stretches multiple weeks for many lenders.
“This is about helping general contractors get their final disbursement faster,” says Sean Faries, CEO of Land Gorilla. “By embedding Class Valuation directly into our Marketplace, lenders get an automated, scalable path to final inspections that reduces manual touches, accelerates final payment and closes out projects faster.”