Brian Zitin is revolutionizing the appraisal process with a two-sided platform for mortgage lenders and appraisal vendors. Not only is Zitin modernizing the experience for everyone involved, Reggora’s technology is designed to reduce turn times and help the industry get closer to a one-day mortgage reality. Zitin is leading the Reggora team and product development with three core focuses: shortening the overall amount of time it takes to complete an appraisal; reducing lenders’ operational costs and the amount of time spent managing the appraisal process; and creating a more transparent experience for banks and homebuyers. Reggora’s platform now automates the majority of the appraisal workflow for mortgage lenders. This includes instant order allocation for new appraisals, facilitating borrower payment, appraisal scheduling, automated notifications and transparency for everyone involved, automated appraisal review and underwriting, electronic appraisal delivery to the borrower, vendor payments and more. When COVID-19 struck, Zitin quickly evaluated market needs to bring solutions to the market. By April 2020, the Reggora team had released Virtual Inspection, a browser-based, mobile-optimized tool that lenders can trigger from their Reggora platform. Unlike similar tools made just for home appraisers, Virtual Inspection integrates with lenders’ existing Reggora workflows and automates the entire process, pulling relevant information from the LOS.
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