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Data Facts offers two guaranteed products to the mortgage and banking industry - The Property Plus Report and the Mortgage Loan Report.
The Property Plus Report is an option for equity and refinance loans. It combines the industry standard property report with an Errors & Omissions Policy.
The Mortgage Loan Report (MLR) identifies mortgage secured liens as currently reported on the borrowers credit report. The MLR is a 30 second report, in contrast to the traditional 3-4 day waiting period. It includes a place for borrowers to add any other lien holders not listed in the report and an Errors & Omissions Policy.
On both reports, the E&O policy provides added security to protect lenders.
Benefits of Data Facts Guaranteed Products:
- Faster report turn around time than more traditional reoprts
- Excellent option for Equity and Refinance loans
*Pricing is based on volume and a number of other factors. Please contact Sales at 901.685.7599 or mtginfo@datafacts.com to get a quote for your specific needs.
Close MORE, Close FASTER and Close EASIER!
- Appraisal Firewall
- ASAP Valuation Tools
- AVMs
- Bankruptcy Papers
- Credit Check-Up
- Credit Reports
- CreditXpert
- Employer ID Report
- Flood Certifications
- Guaranteed Products
- ID Validation Report
- Industry Specific
- Inquiry Verification
- MERS
- Precise ID
- Rescore & File Maintenance
- RMCRs
- Social Security Verification
- Soft Inquiries
- Subject Property Report
- Tax Return Verification
- Verification of Deposit
- Verification of Employment
- Verification of Mortgage