Real Estate Document Processing

Extract data from appraisal and valuation reports

Unstract reads residential appraisals, commercial valuation reports and broker price opinions, from clean PDFs to scanned addenda, and returns the subject, the comparable sales and the value as checked data for your loan origination or valuation system.

appraisal-2217-juniper-ridge.pdf · residential appraisal reportstructured data
{  "subject_address": "2217 Juniper Ridge Ln",  "borrower": "Dana Westbrook",  "lender": "Silverpine Home Lending",  "year_built": 2004,  "gross_living_area": 1846,  "condition": "C3",  "comp_adjusted_low": 414600,  "comp_adjusted_high": 419200,  "market_value": 417000,  "effective_date": "09/22/2026"}

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What arrives

Every appraiser sends the value in a different shape

One appraisal management company sends a clean PDF from appraisal software. The next loan file holds a scanned commercial narrative and a broker price opinion filled in by hand.

Printed for a signature, then scanned back in

FULLDESKTOPEXTERIOR

Full, desktop and drive-by reports put the value in different places

AS-IS PRICEREPAIRED$389,000DAYS ON MKTOCCUPIEDVACANT

A broker price opinion corrected in pen

RPTPHOTOSKETCHLIC38 PAGES · 1 PDF

The report, photos, sketch and licence in one file

SALES COMPARISON APPROACH

Comps spread across a grid of adjustments

A processor retypes the value, the comps and the property details from every report, and a misread figure reaches the loan-to-value before anyone notices.

Unstract reads each appraisal and valuation report, pulls the fields you name with the page they came from, checks the figures against each other and the loan file, and sends the record to your loan origination or valuation system.

Book a consultationFree consultation worth $1,000. Bring a residential appraisal, a commercial report and a BPO.
How it works

Parse the report, extract the valuation, feed the loan file

LLMWhisperer, Document Studio and Flow each stand alone and connect when you need them. Begin with reading reports today and add the origination steps around them as volume grows.

Appraisal report OCR

Read every appraisal report as text with its grids intact

Appraisal reports mix boxed subject fields, a sales comparison grid, narrative addenda, photo pages and a floor sketch. LLMWhisperer keeps that layout in the text it returns, so each comparable keeps its column and every adjustment stays on its own line.

Pass the text to your own LLM for valuation report data extraction, or make parsing the first step of a longer lending workflow.

Learn more about LLMWhisperer
SUBJECT2217 Juniper Ridge LnBORROWERDana WestbrookGLA1,846 sq ftYEAR BUILT2004COMP 1 ADJ$414,600VALUE$417,000EFFECTIVE09/22/2026
AI data extraction

Turn appraisal and valuation reports into structured data

Name the fields you rely on, from the subject and improvements to each comparable's sale price and adjusted price, and Document Studio runs the same appraisal report data extraction on every format: residential forms, commercial narratives, desktop reports and BPOs. Each value returns as JSON with its page. A value that disagrees with the sketch, the contract or the loan file comes back flagged. Unstract reports what the appraiser wrote; your reviewers and underwriters judge the value.

Deploy it as an API, run it as an ETL pipeline over a folder of reports, or make extraction one step in an orchestrated process.

Learn more about Document Studio
borrowerDana Westbrook✓gla_sqft1846⚑comp_adj_high419200✓market_value417000⚑effective_date09/22/2026✓⚑ sketch shows 1,812⚑ contract is $425,000
Agentic process automation

Put appraisal data into the loan file without retyping it

Describe how your team handles an appraisal when it lands on a loan, and Flow's agents build the workflow: the report is indexed to the loan, read, compared with the purchase contract and the 1003, and its value, property details and comps go into your loan origination or valuation system. You approve the workflow once, and it runs the same way on every appraisal after that.

Choose where it stops: a value below the contract price, a borrower or address that differs from the loan, an effective date too old for the closing, a figure read with low confidence. Only those reports reach a loan processor or review appraiser, with the page and the reason attached.

Learn more about Flow
1
Loan file intakeThe appraisal arrives from the AMS portal or email with the rest of the file
2
Stack and indexReport, addenda, photos and sketch indexed to the loan
3
Read and extractParseSubject boxes, comp grid and addenda kept in placeExtractProperty, comps, value, effective date, appraiser
4
Income and asset checksValue set beside the contract price; property and borrower matched to the 1003
5
ConditionsA low value or a stale effective date becomes a condition with its page
6
Into the LOSValue, property data and the indexed report land ready for underwriting

Read your own appraisals today. Wire them into origination later.

Start for free and run appraisals and valuation reports through parsing and extraction yourself. Connecting conditions and your loan origination system through Flow starts with a consultation.

Supported documents, processes & fields

Appraisals, valuation reports and the opinions lenders order

Documents

  • Residential appraisal reports
  • Condominium appraisal reports
  • Small residential income property appraisals
  • Desktop appraisals
  • Exterior-only (drive-by) appraisals
  • Hybrid appraisals
  • Commercial valuation reports
  • Restricted appraisal reports
  • Broker price opinions
  • Appraisal update and completion reports
  • Appraisal review reports
  • Comparable sales addenda
  • Market conditions addenda
  • Photo and sketch addenda
  • Appraiser licence copies
  • Portfolio valuation summaries

Fields captured

Subject addressBorrowerLender or clientFile numberProperty typeOccupancyYear builtGross living areaBedrooms and bathsSite sizeCondition and quality ratingsZoningAppraiser nameAppraiser licence number
Who it's for

Built for the people who rely on the appraised value

Lenders and credit teams

Value, condition and comps in the loan file the day the report arrives, so loan-to-value and conditions are set before underwriting opens it.

Appraisal management companies

Reports from every appraiser on the panel come back in one record shape, ready to check for completeness before delivery to the lender.

Appraisal review teams

Each comp, adjustment and value tied to its page, so a reviewer starts from the figures the appraiser wrote and spends the time on judgement.

Real estate investors

Valuations across a portfolio as one dataset, with cap rates, income and values comparable from report to report.

Outcomes

Less time keying reports, more time reviewing value

<3 minfrom an appraisal in the inbox to its value in the loan file
91%of appraisal reports read with nobody retyping a comp
54%fewer hours keying property details and comparable sales
2×faster from a delivered report to a loan ready for underwriting
I use it to read tables and extract insights and key performance indicators, particularly from financial statements.
G2Harshit KhandelwalTechnical Consultant, Deloitte · Reviewed on G2
1 / 3
Security

Borrower details and property values stay protected

An appraisal names the borrower, the home they are buying and what it is worth, often with interior photos of the house. Across a lender's book, those values reveal its collateral and its exposure in each market.

AICPA SOC 2ISO 27001GDPRHIPAA
  • Encrypted in transit and at rest.
  • Appraisals stay out of model training.
  • Access by role, loan and document type. Every review and correction is recorded against the report.
  • Retention you set: processed reports are deleted on the schedule you choose.
  • Self-hosted options are available for lenders that keep loan files inside their own environment.
See how valuation data is handled in the Trust Center
Questions

What lenders and review teams ask first

Name the fields you need once: subject, improvements, comps, value and effective date. Upload or send each report, and you can extract data from appraisal reports in that same JSON shape, whichever appraiser or software produced the PDF. For a whole pipeline of loans, Flow indexes each report to its loan and sends only exceptions to a person.

Yes. LLMWhisperer keeps the grid's columns, so each comparable's address, sale price, sale date, line-item adjustments and adjusted price stay together. Document Studio returns every comp as its own record, and a net adjustment that doesn't match the lines above it comes back flagged.

Look for one that separates reading from extraction. LLMWhisperer reads the report and keeps its layout, Document Studio uses LLMs to turn that text into your fields, and both run as an API or an ETL pipeline. That setup handles property appraisal data extraction across thousands of reports without a template per form.

Yes. A residential report packs its data into boxed fields and a comp grid. A commercial narrative spreads it over many pages of income, expense and sales analysis. Name the fields for each report type, such as net operating income, cap rate and the income approach value, and each one comes back in its own schema.

No. Unstract reads what the appraiser wrote and returns it with the page it came from. Your appraisal review team decides whether a report meets USPAP and your guidelines, and your underwriters decide whether the value supports the loan.

The checks you set. Common ones: the borrower and address match the loan, the value sits within the adjusted comp range, the value meets the contract price, the effective date is recent enough, and every required addendum is present. A report that fails one goes to a reviewer with the reason.

Yes. Desktop and exterior-only reports carry less detail on the interior, and BPOs often arrive filled in by hand. LLMWhisperer reads handwriting alongside print, so an as-is price corrected in pen comes out with the printed figure beside it.

Yes. LLMWhisperer handles skewed and faded scans and keeps the text on photo and sketch pages, such as captions and room dimensions. The extraction can compare the gross living area on the sketch with the one on the summary page.

Unstract holds SOC 2 and ISO 27001 and meets GDPR and HIPAA. Each appraisal is encrypted in transit and at rest, kept out of training, and deleted on your schedule. Lenders that need it can self-host; the Trust Center has the full list.

Yes. Start for free, upload a residential appraisal and a valuation report, and see the fields come back as JSON. Connecting appraisals to your loan origination workflow through Flow starts with a consultation built around your reports and your system.

Next step

Bring three appraisals from one month's loans

A full residential report, a desktop appraisal and a commercial valuation or BPO. We read them together and show the value, the comps and every flag with the page behind it.

Start for freeOr upload an appraisal and try the extraction now.