Factual Data by CBC
Seamlessly Integrated Credit Reporting
Floify's integration with the Factual Data by CBC reporting solution enables loan originators to quickly and easily get validated applicant credit information directly within Floify by leveraging the originator's existing Factual Data by CBC account.
Setting up the integration in Floify requires just a single-click to enable, and then the originator's Factual Data by CBC 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 Factual Data by CBC 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.
About Factual Data by CBC
Factual Data by CBC offers a diverse portfolio of lending support solutions to the financial services industry. With tools designed to enhance efficiency and streamline processes, Factual Data by CBC solutions can assist with merged credit report services, identity, income and employment verification, fraud and risk mitigation, flood determinations, property appraisal, and valuation.