Mortgage Benefits Corp. has entered an agreement with real estate valuation provider eAppraiseIT to offer discounted fees on property appraisal services to members of the MortgageChoice Plan group mortgage benefit. EappraiseIT is a joint venture between The First American Corp. and LandAmerica Financial Group, and is managed and majority owned by First American.
EAppraiseIT offers a comprehensive line of traditional and automated valuation products, including EagleCert, an insured valuation product.
MortgageChoice Plan members will automatically receive appraisal discounts, and savings will vary based on regional retail pricing.
MortgageChoice Plan member benefits include discounted fees, guaranteed cash credits toward non-recurring closing costs, a superior loan product selection from more than 100 wholesale lenders, a self-service Web portal, a searchable agent database, a Member Help Center, and consumer protection.
Plan members have instant access to MBC’s patent-pending Mortgage PPO, a national network of mortgage broker firms and their loan agents, more than 100 wholesale lenders and preferred service providers who offer special discounts.
The MortgageChoice Plan is a voluntary benefit allowing employees to purchase mortgages at a discount through an employer group plan. MBC, founded in 2003, is a privately held corporation with headquarters in Redwood City, Calif.
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