Business Challenge
Is there a quick way we can qualify a potential loan lead upfront, without spending money on appraisals and costly underwriting processes on those who won’t qualify?
Solution: ProspectCheck to Validate Borrower Information
CoreLogic’s ProspectCheck is a lender’s solution, allowing the lender to check a borrower’s current property value, equity, income and potential foreclosure status. In seconds, ProspectCheck provides the lender with the probability a borrower will close on a loan, ultimately saving time and costs for the lender.
ProspectCheck Product Highlights
The benefits of pre-qualifying your loan applicants using ProspectCheck include:
- Indicates borrower’s probability to receive loan funding before time or money are spent
- Provides a full information report with minor input from the consumer
- Models are statistic-based and use public and proprietary data sets
- Works with any method of mortgage lead generation
- Identifies lien positions and date of last loan
- Pre-qualifies potential appraisal issues with our comparative market analysis
- Assists with HVCC compliance
Discover ProspectCheck.
USE THE LOGIC. First American CoreLogic
Learn more
or call 877-30-LOGIC.