Updates when you need them and how you need them: Quickly and accurately.
Swift review processes mean applicants meet loan requirements – and approval – sooner.
When you need updates on your applicant’s credit, speed and accuracy – hallmarks of customer service – are imperative. We get that. This is why we won’t make you wait on hold or for a reply for hours upon end.
When you reach out to Credit Information Systems, we pick up the phone or reply to your email and help you – immediately. You wouldn’t ask your customers to put their dream of home ownership on hold, and we won’t either.
You can also easily order online through Xpertonline or through your LOS system.
Ask us about:
- Tradeline verification updates.
- Verify new accounts.
- Rent verifications.
- Non-traditional account verifications.
- And more.
Click here to download a Credit Report Supplements PDF. Credit Report Supplements
We’ve told you about our knack for speed and accuracy, and here’s another example: Our rescore process is updated credit information from the three national repositories. The Rescore process may help your borrower qualify for a loan or achieve a better rate with an accurate credit score.
Why do a Rescore?
- Update status on accounts via balance or paid in full status.
- Remove an authorized user account.
- Deletion of collection accounts in an expedited time frame.
- And more.
Also, if you use CreditXpert®Wayfinder and/or CreditXpert®What-If Simulator™ to analyze your applicant’s credit and identify opportunities to improve their scores, the rescore process may outline their efforts to obtain the desired projected score recommended by these tools.
Click here to download a Rescore PDF. Rescore
Click here to download a Fillable Rescore Request Form. CIS-Rescore-Request-editable
This inexpensive service provides you with official insight into the “ability to repay” question. It’s from the IRS, and it provides a Tax Return Verification (TRV) that can be ordered through your LOS or through our ancillary services platform (EPN) and delivered electronically.
Tax Verification Provider is an all-in-one technology system that automates your processes, reduces paperwork, and delivers better control of your 4506 processes.
- The tax transcript includes salary and wages as well as investment income.
- The 4506-C form provides the lender with transcripts that verify with the IRS the income verification forms provided by the borrower align with the IRS.
Click here to download a TRV/4506-C PDF. TRV_4506-C
Click here to download a 4506-C Form. 4506-C__w CIS address
Star Appraisal is a widely respected division of Credit Information Systems, which means it operates with the same dedication to excellence, accuracy and agility for which we are known. Star Appraisal staff will always be there to answer your call or email, ready to assist you with your appraisal needs.
Currently, Star Appraisal is active in 5 states: Nebraska, Iowa, Kansas, Missouri, and South Dakota
Click HERE to learn more about how we can make your job easier with Star Appraisal.
Click here to download a Star Appraisal Management Company PDF. Star Appraisal Management Company
There’s a safer, more efficient way to get property inspection reports and collateral valuation data and that’s through Appraisal Firewall’s Verisite Line of Products.
Verisite mobile valuation tools are ideal for equity lending.
Use Verisite’s Mobile Inspection Tools on purchase and refi loans and sub-loan products that do not require a full appraisal, such as home equity loans, disaster relief inspections, new construction progress evaluations, and portfolio reviews.
Confirm completed insurance repairs and validate internal and external property conditions.
Click HERE to learn more about the Verisite Photo Report, the Verisite Collateral Data report, and Verisite Plus.
Click here to download a Verisite PDF. Verisite
Automated valuation models (AVM) – used, for example, when ownership is not changing – come with several benefits, all of which save you time and money:
- Instant valuation based on unbiased property assessments.
- Time-saving market value estimates for residential properties.
- For low-risk loans, AVM values are often sufficient to rapidly originate the loan.
- Extremely easy to use! All you need to get started is internet access and a property address.
Click here to download an AVM PDF. AVM
Minimize risk and detecting fraud with the SSA-89. Match the applicants name, Social Security Number, and Date of Birth directly with the Social Security Administration.
- The applicant’s SSN, name and DOB are submitted to the SSA and will be returned as either “SUCCESSFUL” (Match) or “UNSUCCESSFUL” (No Match).
- “DECEASED” may be reported when applicable if the input matches a record on the SSA’s Death Master File.
Click here to download a SSA Verification PDF. SSA
Click here to download SSA-89 form 04-2023.
Industry leader ServiceLink National Flood is utilized to determine flood risk level associated with a property, helping lenders maintain compliance with ever-changing federal regulations by:
- Sourcing the most current FEMA data.
- Advanced technology utilization.
- Comprehensive, nationwide GIS coverage.
We also favor ServiceLink because they are highly accurate, and they have one of the fastest turn-times in the industry.
Click here to download a Flood Zone Determination PDF. Flood Zone Determination
- Basic and Life-of-Loan Flood Zone Determination
- Portfolio Compliance Review
- Life-of-Loan Conversion
- CertMap® – This exclusive product is offered to loan officers and applicants, at no additional cost, when a structure is determined to be “in” a flood zone.
- Flood Quick Check is an exclusive serivce from ServiceLink. To improve your client's experience, use this tool to instantly learn if the potential borrower is considering a purchase that is in a FEMA flood zone requiring flood insurance.
With ServiceLink's secured data, Lenders can rest assured their data remains protected with the utmost security ServiceLink National Flood’s state-of-the-art data center provides.
Click here to download a Suite of Flood Products and Services PDF. Suite of Flood Products and Services
Title searches help real estate investors, lenders, title agents and title companies locate important documents in order to verify the ownership of and/or liens and encumbrances on a property. When Buyers are applying for a Mortgage or Home Equity Loan, Lenders require that a title search is completed before lending money on a property to protect the interest of the lender.
Credit Information Systems now offers the following Title Reports:
The Current Owner Report identifies the current vesting and who granted the deed to the current owners, along with all deeds back to the most recent qualified sale for the current vested owner(s) showing 100% ownership.
Also identified are open mortgages/deeds of trust for the vested owner(s) throughout the attached chain of title on the subject property & for any additional owners, sellers, or borrowers listed on the Customer’s order form affecting the subject property.
And, open and valid liens and judgments filed on subject property (e.g. homeowner association liens, mechanic’s liens, tax & utility liens, etc.) are also listed on these reports.
Finally, current tax information for subject property is found on these reports and includes tax info collected online or it may be a report in the field.
The Legal/Vesting Report includes all deeds back to the most recent qualified sale for the current vested owner(s) showing 100% ownership. It lists deeds, if any, for additional owners, sellers, or borrowers listed on the customer’s order affecting the subject property.
The Update Report contains any new applicable items filed since the original effective date, or a statement indicating there were no additional items found. Also included is the new effective date for public county records of the corresponding county.
Credit Information Systems is here to help you determine what documents are needed to help you close loans. Reach out to us to discuss any of these Title Report options and we'll be happy to help!