Why should I consider a HVE point value with a Low Confidence Score?
Less than 5 percent of all properties evaluated by HVE receive a low confidence rating. And although the confidence level is low, the HVE valuation can provide valuable information, especially in the case of rural properties. A HVE value with a Low Confidence Score can be used as a “trigger” to review the appraisal more closely. The goal is to enhance collateral review of as many loans as possible.