Mortgage Origination Solutions
Be the bridge between your clients’ dreams and their dream homes. Our simple, intuitive and integrated digital mortgage solutions help you manage cost, accelerate workflows, and deliver the data and information you need consistently, accurately and in a fraction of the time.
Borrower Solutions
Credit Solutions that Help You Manage Applicant Fallout Costs
To help you manage the costs associated with applicant fallout, CoreLogic offers several creative credit reporting packages, each designed to provide you with more cost certainty and enhanced flexibility. Some of the options available to you include:
- Pre-Qual Cascade
- Hard Inquiry Cascade
- Bundled Pricing
- Subscription Pricing
The Easy Way to Calculate a Borrower’s Income—Every Time
For many lenders, calculating a borrower’s income is a time-consuming task characterized by inefficient processes and inconsistent results. We have a better way.
CoreLogic’s automated Income Calculation and Analysis Solution streamlines and standardizes existing borrower income calculation to yield more consistent results in a fraction of the time. This solution will help you turn your loan officers and underwriting teams into income calculation and analysis experts. We deliver:
- Consistent Results: eliminates manual doc review and calculations.
- Accelerated Processing: automation reduces income processing times from hours to minutes.
- Transparent Paper Trail: easily track all exceptions, documents each rationale.
- AI Functionality: automatically IDs missing docs and flags potential sources of new income.
Streamlined and Orchestrated Borrower Verifications
The ability to quickly and confidently verify applicant-supplied information is more important than ever. CoreLogic delivers the integrated borrower verification solutions you need to qualify your applicants and accelerate your origination workflows—all while helping you remain compliant with key investor requirements. Our automated borrower verifications include:
- Employment and Income Verification: Every borrower, every time
- Asset Verification: real-time access to applicant accounts
- 4506-C Income Tax Verification: the industry’s choice for 4506-C services
- Identity Verification: Comprehensive and orchestrated to help ensure compliance with investor requirements
Setting the Gold Standard for Mortgage Fraud Risk Analysis
LoanSafe Fraud Manager™ is a powerful and intuitive solution that helps you identify and mitigate mortgage fraud risk using your loan application information paired with CoreLogic’s proprietary data.
Fueled by a mortgage fraud consortium of over 100 million loan applications and known fraud outcomes, patented recognition models and the most complete property data collection available today, LoanSafe Fraud Manager is considered the gold standard for fraud risk detection tools. LoanSafe Fraud Manager helps to protect you against:
- Income Falsification
- Identity Fraud/Theft
- Employment Inconsistencies
- Owner Occupancy
- Undisclosed Debt
- Straw Borrowers
- And more
As part of our ongoing commitment to make sure users are getting the most from LoanSafe Fraud Manager™ and LoanSafe Connect™, we are offering bi-monthly training webinars.
Collateral Solutions
Simple. Efficient. Complete.
Complete Collateral™ from CoreLogic helps you make faster, more reliable collateral underwriting decisions by uniting all of the data and analytics you need to validate a property’s value, title, condition and hazard risks. Built on a foundation of industry leadership and a commitment to relentless innovation, Complete Collateral leverages the industry’s largest collateral vendor network to simplify the mortgage experience into one orchestrated workflow.
Demonstrably Better AVMs
CoreLogic delivers unmatched AVM accuracy, confidence and reliability with Total Home Valuex. Built on cloud technology and leveraging sophisticated analytics developed using the latest AI and machine learning techniques, Total Home Valuex utilizes CoreLogic’s industry-leading property datasets, MLS data, and other unique data assets to drive unsurpassed hit rates and valuation accuracy and consistency.
Whether you’re a mortgage lender looking to reduce cost and risk, a ReTech needing to make on-the-spot offers to buy properties, or a property insurer needing to quickly reconcile market value with a replacement cost, Total Home Valuex can help power smarter business decisions. We have even optimized Total Home Value for specific use cases:
- Total Home Valuex for Consumers
- Total Home Valuex for Marketing
- Total Home Valuex for Originations
- Total Home Valuex for Risk Management
- Total Home Valuex for Portfolio Monitoring
Go with the Leader in Flood Services
More lenders choose CoreLogic Flood Zone Determinations than any other provider. Whether you’re processing a first position loan or a second refinance, our complete line of origination products keeps your workflows moving forward. In fact, over 93 percent of the time our optimized processes return completed flood zone determinations in just minutes. There’s a reason why we’re number one: we’re fast, we’re accurate and we help you reliably maintain compliance with federal regulations while mitigating your flood risk.
Quick and Reliable Property Tax Estimation
When it comes to calculating a new property tax payment prior to closing, your borrowers expect an accurate estimate. Unfortunately, there’s no industry standard for calculating property tax for existing homes or new construction loans. As a result, tax estimates for escrow can vary wildly—which frustrates your borrowers.
When all parties know what to expect before, during and after closing, you can deliver a more positive borrower experience and build customer loyalty. That’s where our Property Tax Estimator comes in. By combining up-to-date property tax data with our proprietary estimation engine, CoreLogic’s Property Tax Estimator solution helps you provide an accurate estimate for each borrower’s specific address prior to closing, even for new construction loans. This will help you avoid any last minute surprises upon closing and make for a better borrower experience.
Simplified Condo Project Data Collection to Maximize your Profits
Some lenders mistakenly believe condo lending isn’t lucrative or worth the trouble. Our CondoSafe clients strongly disagree. 97% of them say condo lending is an important part of their business and 78% see their condo business growing in the next few years. Why? Because they have adopted CondoSafe, CoreLogic’s one-stop national service that gathers condo project data and documentation so they don’t have to.
CondoSafe delivers condo project documents, including Certificate of Insurance and CC&Rs, for lending decisions in one easy step. CoreLogic steps in as a dedicated resource to do all the heavy lifting associated with condo lending—so you don’t have to. And there is no system integration required.
CondoSafe is simple. It’s standardized. It’s cost effective.
Speed Ahead™ with Superior Residential Appraisals
For over two decades, CoreLogic has been a leader in the appraisal management industry. The nation’s most respected lending institutions rely on CoreLogic for accurate, high-quality appraisals and exemplary customer service. Through the implementation of industry best practices, innovative appraisal workflows and unparalleled service, we delight our customers and help them to stay current and compliant with changing valuation guidelines and regulations.
- Industry-Leading Speed
- Quality Control and Compliance
- Innovative Technology
- Large Scale
- Superior Support
What Our Customers Say
“It all goes back to the relationship that we’ve had with CoreLogic... It allowed us to move through this process and implement in a timely fashion, and to have it result in success.”
Bea Tilley
Senior Vice President, Experience Owner, Citizens Bank
“When CoreLogic received our teams’ feedback, they immediately worked with us to adapt to our processes and fully integrate the solution…It wasn’t your typical sales process.”
Allyson Knudsen
Chief Risk Officer, Stearns Lending
Ready To Take Action on Mortgage Origination Solutions?
Schedule a free consultation, and empower your team with CoreLogic today!