Closing with InstantData®
Quickly access precise, up-to-date real estate property tax data to provide prospective homebuyers with the most accurate estimate of closing costs possible. We deliver the information you need in one easy step. InstantData helps you close loans faster, while reducing uncertainty by instantly delivering tax information to prepare accurate Good Faith Estimates. Because we’re an ISO9001:2000-certified industry leader, you can be confident in our ability to meet your needs.
What InstantData Does
InstantData allows you to order and receive accurate tax information via a real-time interface with your loan origination system, point-of-sale system or website. With InstantData, loan officers and processors who close loans can now access up-to-date tax information, greatly reducing the time required to gather property tax data by ensuring you have this critical information early in your loan origination process.
What InstantData Delivers
InstantData delivers the property tax information you need, including tax agency name, address and type as well as the number of installments and due dates. In many cases, you will also receive tax installment amounts.
How InstantData Works
Using an XML interface, we filter borrowers’ addresses through our standardization technology, drawing from our robust tax information database to maximize the number of results you receive. Although this sounds time-consuming and complex, the end-to-end process occurs in a matter of seconds.
InstantData decreases potential errors, allowing you to increase your efficiency with faster data access and improve Good Faith Estimate accuracy.
