Fannie's Collateral Underwriter is free, and it stops at GSE-conforming residential. Valara reviews the commercial, jumbo, and non-GSE files it never scores, grading the cap rate, the comparables, and the assumptions a value depends on.
$250 value, no credit card required.
Unsupported cap rate
The 5.25% cap rate sits 75 to 150 basis points below the appraiser's own 6.00% to 6.75% market range, with no quantified support. Band of investment indicates 7.7%.
One of 9 findings in this review. See the full review.
The acute pain in collateral review is liability, not the clock. Valara is built around the assumptions a value depends on, so the risk surfaces while your team can still act on it.
An unsupported cap rate or a thin comparable justification is the kind of defect that resurfaces in a repurchase demand, not at the closing table. Valara flags the assumptions a value depends on while you can still act on them.
Fannie's Collateral Underwriter is free, and it stops at GSE-conforming residential. Valara reviews the commercial, jumbo, and non-GSE collateral it never touches, with the depth those reports actually require.
Commercial appraisals are narrative, not gridded. Valara grades whether the appraiser supported the cap rate, justified the comparables, and reconciled the approaches: the questions a distance rule can never answer.
Each file arrives already read: scored, escalation flagged, every finding cited to the page and table it came from. Your reviewers spend their time on judgment instead of the first pass.
A Valara review can be passed through as a fee at closing. Stronger collateral files and a documented second look, at no net cost to the lender.
Narrative CRE: cap rate support, NOI reasonableness, sales comparison, USPAP, and escalation.
Explore commercialURAR and form-based reports against USPAP, Fannie, Freddie, FHA, and UAD.
Explore residentialOne review engine across the web app, a versioned REST API, and a hosted MCP server for AI agents.
See the platformGrounded citations, accuracy benchmarked against human reviewers, and schema-validated output.
See the difference