Seamlessly Integrated Credit Reporting
Floify's integration with the Avantus credit reporting solution enables loan originators to quickly and easily get validated applicant credit information directly within Floify by leveraging the originator's existing Avantus account.
Setting up the integration in Floify requires just a single-click to enable, and then the originator's Avantus account credentials are entered, and subsequently stored for future use, on the report order form.
Once the integration setup is complete, a credit pull can be initiated on-demand from a Floify loan flow. Additionally, loan teams can configure the integration to automatically pull a borrower's hard or soft credit report upon the submission of a Floify 1003 loan application.
The Avantus integration takes advantage of Floify's built-in credit authorization functionality, which empowers borrowers to digitally submit their consent to originators in just a few clicks.
After credit has been ordered, the full report will be delivered to the yellow bucket of the corresponding Floify loan flow within moments and is viewable only to the loan originator and lending team for processing.
Avantus has been servicing the credit granting community for over 75 years. In that time, Avantus has grown to become one of the leading credit reporting companies in the industry. Their robust and scalable delivery platform provides an end-to-end data solution, enabling lenders to streamline operations and reduce costs.
The Avantus system was developed in house, by their own development team, and continues to evolve to meet ever-changing market conditions. This ability to quickly provide custom enhancements based on a customer's specific needs allows Avantus to provide a service level and flexibility that other reporting companies are simply unable to match.
For more information about Avantus, visit avantus.com.