Loan Model
Amortization. Positioning. Status.Deriving Analytical-Ready Data to Make Informed Business Decisions
The future of property data relies on the past. In order to unlock trends or better understand the market, comprehensive historical property data is essential. With ATTOMs robust loan history and lender grade AVM, detailed analytics outputs an efficient loan model that delivers an accurate estimation on the positioning of all active loan(s). The loan model process attempts to estimate the full history of a loan position and loan status for properties where loan transactions are available.
Understanding the Loan Model
The output of the Loan Model is a list of active loans, which includes an industry standard set of information, including:
- Loan Position
- Lender Name & Type
- Loan Type & Mortgage Type
- Loan Amount
- Recording Date
- Document Number & Transaction ID
- Loan Position
- Lender Name & Type
- Loan Type & Mortgage Type
- Loan Amount
- Recording Date
- Document Number & Transaction ID
These active loans are then categorized by first, second or third position. Loan positioning helps to reveal the order in which lenders would get paid in the event of a property defaulting.
Intelligent Insight on Property Value
Understanding the true value of a property not only takes detailed data but it requires insightful logic. Once the full scope of each active loan is achieved, each loan is amortized based on its recording date to estimate the total remaining balance across all loans. From there ATTOMs comprehensive lender grade AVM, an advanced property automated valuation model is aligned with each property to give the most accurate value a property could sell for in the current market along with equity status of a property.
How You Can Use ATTOM’s Loan Model?
Analytics
Creating a clear-cut loan-level analytical analysis not only provides property and market evaluations but helps to uncover equity trends and alleviates future pain points.
Real Estate Investing
Protect your loan portfolio by knowing the ins and outs on a property and where you are positioned.
Marketing
Create a comprehensive prospect list based on property loan amounts and current value of a property. Produce on-target collateral content to reach your audience.
A Variety of Delivery Solutions for Your Data Needs
ATTOM delivers your estimated equity data in a variety of ways including:
