Automax AI
Automax AI provides fast residential property appraisals for mortgage lenders, combining mobile data capture
The Problem
Lenders ordering residential property appraisals face a traditional process that takes 5 to 10 days: orders sit in a queue, drive-by inspections are scheduled days out, appraisers can take several days to complete analysis and reporting, revisions bounce reports back and forth, and borrowers have no visibility into status. This slows down loan origination and leaves both lenders and borrowers waiting without clear tracking. The page frames this as the default experience lenders are used to and positions it as the problem Automax solves.
The Solution
Automax AI routes appraisal orders automatically from a lender's loan origination system or web dashboard, matches a licensed appraiser within minutes based on coverage area, property type, and capacity, and uses mobile scanning technology to capture floor plans, photos, and condition data upfront, performed by the homeowner or a licensed third-party data collector. Appraisers then complete reports on a proprietary platform using Appraisal Copilot, a suite of AI tools that grounds adjustments in market data (e.g. cost approach comparisons with sale price, GLA, baths, and quality adjustments shown for comparable properties). A combined AI and human review system checks report quality before the appraiser signs, and the signed report is delivered via email with data fields populated directly into the LOS, with real-time status visible to both lender and borrower. The company states this reduces turnaround to 24 hours, built for the UAD 3.6 appraisal standard, and operates nationwide.
Why Now?
The product is built for UAD 3.6, a newer appraisal reporting standard, suggesting timing tied to this format transition, though the page does not elaborate further.
