Much improved process !
Now Available: Customer Ordered Valuations
The Commonwealth Bank of Australia and Valuation Exchange (ValEx) have teamed up to give Brokers and Customers the ability to order a valuation report directly online, via cba.valex.com.au effective immediately.
The Customer Ordered Valuation (COV) option allows the Broker to order a valuation report prior to submitting the loan application. This allows the Broker to structure the loan application based on the known valuation outcome.
This option benefits both the Broker in that:
It provides a clearer picture of the property valuation upfront.
Application processing will be faster.
The Broker and Bank can use the valuation report to structure loan application.
It avoids processing delays i.e. rework due to valuation shortfalls.
Brokers can discuss the valuation outcome direct with ValEx.
ValEx will keep the Broker informed of the valuation report progress.
Now Available: Customer Ordered Valuations
The Commonwealth Bank of Australia and Valuation Exchange (ValEx) have teamed up to give Brokers and Customers the ability to order a valuation report directly online, via cba.valex.com.au effective immediately.
The Customer Ordered Valuation (COV) option allows the Broker to order a valuation report prior to submitting the loan application. This allows the Broker to structure the loan application based on the known valuation outcome.
This option benefits both the Broker in that:
It provides a clearer picture of the property valuation upfront.
Application processing will be faster.
The Broker and Bank can use the valuation report to structure loan application.
It avoids processing delays i.e. rework due to valuation shortfalls.
Brokers can discuss the valuation outcome direct with ValEx.
ValEx will keep the Broker informed of the valuation report progress.