CoreLogic, a global property information, analytics and data-enabled services provider, today announced that their FactCheck income calculation and analysis solution and Property Tax Estimator report are now available on the LendingQB Loan Origination System (LOS). When combined with the previously existing CoreLogic integrations on the LendingQB LOS, Instant Merge credit report, Flood Determination services, LoanSafe reports, income verification and valuation solutions, these two new integrations provide LendingQB users with an end-to-end underwriting solution from a single provider.
Property Tax Estimator is designed to significantly increase the accuracy of Loan Estimates, reduce compliance risk and improve the customer experience. By delivering highly accurate tax data early in the process, Property Tax Estimator also helps underwriters qualify the borrower’s ability to financially support all mortgage costs and improves the onboarding process for servicers. Additionally, it eliminates the need for any specialized skills required for data procurement and provides a consistent workflow process no matter the property, exemption status, county exception complexity, and loan officer tenure.
“The inclusion of FactCheck and Property Tax Estimator on LendingQB continues our mission of providing mortgage professionals with the most comprehensive suite of products on the most innovative platforms in the industry,” said Kevin Mullins, principal, business development for CoreLogic. “With these new integrations, LendingQB users will now be able to better streamline their workflows with an integrated end-to-end underwriting solution from CoreLogic.”
LendingQB is a software system that consolidates all aspects of mortgage lending into a single, fully integrated platform. From loan origination to funding, LendingQB is an end-to-end system that leverages the power and cost-efficiency of web-based computing for a smoother, more efficient mortgage lending workflow.
“CoreLogic has always been tremendously supportive of LendingQB. They’ve constantly strived to utilize our Open API to give lenders innovative products to originate loans with ease,” said Tim Nguyen, CEO and co-founder of MeridianLink. “The addition of the FactCheck and Property Tax Estimator tools has successfully created a full suite of innovative products providing our current and future clients with an end-to-end underwriting solution from a service provider we all trust.”