Seamlessly Integrated Credit Reporting
Floify's integration with the CIC Credit reporting solution enables loan originators to quickly and easily get validated applicant credit information directly within Floify by leveraging the originator's existing CIC Credit account.
Setting up the integration in Floify requires just a single-click to enable, and then the originator's CIC Credit account credentials are entered and subsequently stored for future use on the CIC Credit order form.
Once the integration setup is complete, a credit pull can be initiated on-demand from a Floify loan flow and can also optionally be configured to run automatically upon the submission of a Floify 1003 loan application.
The CIC Credit 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 tri-merge 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.
About CIC Credit
For over 100 years CIC Credit has effectively and successfully established themselves within the credit reporting business serving the industry since 1921. With years of combined credit related experience, CIC Credit holds a vast variety of highly advanced credit tools and resources. The business is a reseller of all three national credit repositories. Whether you’re seeking mortgage credit reports or single bureaus for your credit applications, CIC has you covered thanks to our state-of-the-art cloud-based delivery system executing instant, real-time results. CIC also has an award-winning API delivery system. This way we can integrate our product delivery into your customer system, or with any of the 50 (plus) origination systems on the market today.
In order to protect your business from lost revenue through employee turnover, bad publicity, lawsuits, regulations, fines, and internal theft, it’s imminent to utilize professional background screening processes. CIC Credit has the capability to customize each client’s online screening platform to ensure industry regulations, state laws, federal laws, and hiring criteria thanks to our screening experts and innovative technology.
For more information, please visit ciccredit.com.
Try Floify for Free
Start your free trial today and discover how the Floify mortgage point-of-sale platform helps transform your lending operations, so you can:
- Close loans faster.
- Make borrowers happier.
- Impress referral partners.