Documents Acquisition and Condo Project Review for Lenders
Rexera Documents Acquisition
We give back time to underwriters by acquiring all HOA, Condo, and Co-op documents so you can close more transactions and create happier outcomes for their clients. All we need is the property address and the closing date, and you no longer have to wait for sellers to fill in lengthy forms. We make sure the HOA fill in everything in your condo questionnaire correctly and on time.
Rexera Condo Project Review
We complement the Documents Acquisition product with a fully warranted project review so you can focus on doing what they do best and offer a superior customer experience.
Our Review highlights potential Fannie Mae, Freddie Mac, Federal Housing Administration, and other investor eligibility issues hidden in hundreds of pages of condo documents.
Condo Documents Acquisition
Collecting and analyzing the documents takes time and effort, especially when they aren’t standardized.
Our platform uses advanced machine learning combined with the biggest HOA & Condo database on the market to acquire all HOA, Condo, and Co-op documents you need. We reach out to HOAs and make sure they fill in the condo questionnaire.
Going a step further, our algorithm extracts all the useful information from the condo questionnaire, standardizes and summarizes it, making all association documents look the same to underwriters.
Documents we acquire
- Condo/Lender Questionnaire
- Demand letter (Status letter)
- CIC documents
- CC&Rs
- Rules and Regulations
- Resale certificate (Estoppel)
- Bylaws
- Financials
- Reserve Studies
- Covenants
- Meeting minutes
- Insurance Certificate
- Architectural guidelines
- And anything else you need, including custom documents
Condo Project Review
Condo project approvals are one of the most frustrating parts of real estate closings. They present manual work, lots of time wasted on chasing data and different parties, and ultimately create risks and delays in the lending process.
Rexera makes this process easy for underwriters by offering a one-stop platform that providers underwriters with condo project approvals nationwide.
Our AI algorithms, supported by a team of real estate professionals, create a one-page, standardized and underwriter-friendly summary of approval/denial, so you never have to go through hundreds of pages of documents again.
Each approval comes with a comprehensive analysis highlighting to underwriters potential Fannie Mae, Freddie Mac, Federal Housing Administration, Department of Veterans Affairs and other investor eligibility issues.
Throughout the whole process, our best-in-class customer service makes you feel in control of the transaction, making your deadlines our deadlines.
Our superpowers
- Largest HOA and Condo database in the world
- Simple, one step process cutting down the clear-to-close timeline by 40%
- National coverage
- Lightspeed response time
- Higher accuracy and no delayed transactions
- Exceptional communication
- 100% documents delivered on time
- Customizable Client Portal
- Increase in NPS scores and improved employee engagement
- API, Integrations, Auto-ordering
- 100% Transparency
- E&O Insurance of $2mm
Questions we hear frequently
Can you do spot approvals (FHA Review)?
We can provide the approval. Please note that the DE UW on the file will have to sign it.
Can you process new construction and foreclosures?
Yes!
Do you provide a warranty?
We provide a warranty which extends to incorrect information processing.
Can you use lender-specific condo questionnaire forms?
Yes, we can!
What happens when you redeem your 2 lender reviews
Our free trial gives you a taste of our platform and the exact results what you would get when using our product
Our representative will contact you to confirm your details and give you a lender platform tour so that you can enjoy its full capabilities. You will have the same access level as our clients and will be able to understand whether our lender review platform is the right choice for you.
Now you have 2 completely free orders. This means we will acquire, analyze, and send you 2 processed orders of condo documents along with one-page reports on the key project information for free, with no strings attached.
After we deliver your 2 condo project review orders, you can decide whether you would like to continue our partnership. We will walk you through our pricing and integration options to ensure you get the most out of our product.
This is a huge win for us – so THANK YOU for all you do!"
