Become a Vendor
Three steps to become a vendor
- Step 1: Understand the Work
- Step 2: Watch Video
- Step 3: Inspector Questionnaire
Step 1: Understand the Work
We provide property inspections for banks and other clients. Banks are required to check their properties that are in distress. Each inspector hired is given a specific area (typically zip codes) that he/she is to complete the requested inspections on time. The banks orders an inspection for properties that are delinquent on payments, going into foreclosure, vacant properties or for general condition status for refinance purposes.
Most of the inspections are drive by's (visually verify someone still lives there), there are occasional interviews (verification of who lives at the property by knocking on the door), vacancy walk thrus (typically photos of each interior room) and a handful of insurance loss drafts (verifying status of a construction project, e.g. taking picture of a repaired roof).
The actual time at the house to perform the inspection is about 2-10 minutes including data observation input. The timing to complete the inspection once received is typically 5-7 days, but there are a handful of 24, 48 or 72 hour turnaround time requests.
We expect anywhere between 200 - 1,000 inspections per month in each inspector zone. This will vary based on location and order density. Inspectors will complete between 50-80 stops (inspections) per day. Pricing varies between $3 - $10 per inspection depending on area and type of inspection. Most inspectors are grossing $30 per hour, which covers their time and expenses.
Please watch the video to make sure you are comfortable with this type of work and understand what Mortgage Bankers Field Services expects of its vendors.
Step 2: Watch Video
Click here to watch the video
Step 3: Inspector Questionnaire
Once you have completed viewing the video and have more knowledge of our business fill out the questionnaire below to be considered for a position.
This information is important for us to determine if we have an opportunity in your area.
Click here to complete the Inspector Questionnaire