Crescent Mortgage partners with Valuation Management Group (VMG)


Effective Immediately 

Crescent Mortgage Company (CMC) will be outsourcing all appraisal orders to Valuation Management Group (VMG) in all states. 

CMC is proud to announce that we have partnered with Valuation Management Group (VMG) to ultimately replace CMC acting as an AMC.  Valuation Management Group was established in 2006 with a vision of partnering with community banks, mortgage bankers, credit unions and wholesale lenders to offer an independent compliant appraisal process, with excellent turn times and quality.

VMG is a nationwide real estate valuation and appraisal management company headquartered in metro Atlanta, Georgia. Among its staff members, more than 50% are licensed/certified appraisers. VMG has a network of thousands of appraisers across the U.S.

 

Website: http://valuationmanagementgroup.com/

 

How do I order appraisals?

Click below on VMG Client Login to be linked to their webpage
VMG Client Login

 

VMG will be reaching out to customers who have placed an order in our Mercury system in the last 12 months. They will create a user ID and password and email it to you along with the instructions on how to place an order in their system and a few other items you may need when placing an order. If you were not contacted by VMG, please notify CMC via the appraisal independence department's  main email address at appraisals@crescentmortgage.net .


VMG Contacts: 

User ID and Password
 help
Brittany Kurilec, Email: brittany.kurilec@vmgappraisals.com
Phone:
678-486-7494 Direct | 678-483-4420 Main | 866-799-7488 Toll Free

 


Appraisal orders, questions, updates, issues, etc.  
Star Reid, Client Specialist, Email:
star.reid@vmgappraisals.com
678-426-5381 Direct | 678-483-4420 Main | 866-799-7488 Toll Free


CMC will also provide instruction and answer any questions you may have.
Please email appraisals@crescentmortgage.net with any questions or concerns.



                                                 Mercury Client Login

   

 

 



 

Changes in borrower disclosures, Good Faith Estimate (GFE):


All fees charged by VMG will be listed in GFE section 3, "Lender Required Services". CMC will not collect a $75 appraisal admin charge currently required to be disclosed in GFE section 1
"Origination Charges".


From: Terry Moore, AVP Appraisal Independence Department -
Bulletin 060115 Crescent Mortgage Partners
Click here to download a copy of the --> Bulletin 060115 Crescent Mortgage Partners