Pull Instant Credit Reports
The SettlementOne integration enables loan officers to order a borrower’s credit report through their existing SettlementOne account upon conversion of a loan application into a live loan or on-demand directly from their Floify account.
Floify’s integration with SettlementOne's reporting services also eliminates the hassle of collecting credit reports, and verifying income and assets by empowering borrowers to digitally submit their consent directly to lenders in just a few clicks.
Once ordered, borrower credit reports will be seamlessly delivered to the yellow bucket of the corresponding Floify loan flow.
In addition to credit reporting, the integration also leverages SettlementOne's partnership with MeridianLink's Mortage Credit Link (MCL) solution to provide access to verification of assets services (fulfilled via AccountChek™) as well as verifications of income and employment (fulfilled via Equifax The Work Number®).
SettlementOne is one of the nation’s largest suppliers of mortgage data and appraisal services. SettlementOne provides financial institutions and consumers with secure, efficient and cost effective solutions that streamline the mortgage origination and lending process.
To learn more about SettlementOne, visit settlementone.com.