Avantus provides customized mortgage credit reports, mortgage-related services and technology solutions to the nation's financial community. Our easy-to-use suite of products and services allow originators, credit unions, banks and lenders to reduce costs, simplify operations and close more loans.
Over the past 75 years, Avantus has become the preferred credit report provider to many in the mortgage lending industry.
Avantus credit reports are easy to read, FCRA compliant, and are readily available through a wide range of channels; helping to speed the approval process and get more of your loans closed quickly.
Fraud & Compliance Solutions: LoanShield®
LoanShield investigates thousands of data points on all mortgage loan participants, not just the borrower; and analyzes each loan against MERS® active tracking data covering millions of mortgage loans from origination through the life of the loan for patterns of fraud.
Ahead of the curve.
Long before Fannie Mae's Loan Quality Initiative (LQI) went into effect, LoanShield Credit Review was ready. From the first day that compliance was required, Avantus customers using LoanShield's Credit Review option could check undisclosed liabilities before closing with a soft inquiry credit pull; avoiding a negative impact on the borrower's credit score and keeping the lender fully compliant.
Red Flags Ruling:
Are You Compliant?
Avantus can help you get compliant with the FACT Act quickly and securely with the Red Flags Compliance Report. The Red Flags Report can be set to run automatically on all credit reports, detecting the deceptive practices and actions commonly indicating identity theft and keeping your business compliant. More >>
Avantus' income verification service now offers lenders the ability to utilize IRS E-Signature for their 4506-T tax transcript requests. This completely paperless process can significantly reduce costs and turnaround time by reducing errors and lag time associated with getting the borrower's traditional "wet" signature.
Our streamlined solution enables lenders and servicers to independently validate borrower income, protecting them from mortgage fraud and default risk. Mortgage originators using the service benefit by improving the overall experience for their borrowers and getting their loans to closing faster.
With the addition of electronic signature, Avantus IRS Direct is the quickest, most reliable 4506-T income verification available today.
Fast, Accurate Social Security Number Verifications
Reduce the chance of applicant fraud with Avantus' new SSN Direct verification service. Our fast, online process verifies social security numbers directly with the Social Security Administration, ensuring accuracy and helping you to meet your compliance requirements quickly and easily. Learn more about SSN Direct >>
Fannie Mae, Freddie Mac and many wholesale lenders have tightened the time restrictions on verbal employment verifications (VOE). Don't let your mortgage get held up in processing because of VOE timing issues! Verifications can be ordered easily through Avantus and completed quickly... in compliance with the lenders' standards. More VOE info >>