Mortgage Lenders, Banks, and Credit Unions
Avantus provides you with the credit reporting products and services you need to streamline your process, reduce costs, and close a higher volume of loans faster. Our exceptional customer service, industry leading credit reporting technology, and instant fraud and compliance solutions are just a few of the reasons more lenders are choosing Avantus every day.
- Fully FCRA compliant
- Investor accepted
- Experienced (over 75 years analyzing consumer data)
Mortgage - In addition to serving thousands mortgage broker customers, Avantus has been providing credit services to banks and lenders across the country for many years. Avantus' easy point-and-click web interface returns reports in seconds.
Consumer or Personal Loans - Qualifying a borrower for an auto, boat, or other type of consumer loan? Avantus can deliver all types of credit reports instantly, in the same concise, readable format as our mortgage credit report.
Red Flags compliance
Avantus has partnered with Experian to give financial institutions a comprehensive online solution for detecting the deceptive practices and actions commonly indicating indentity theft. Searching thousands of data sources with billions of records, the Avantus Red Flags Report is one of the most complete identity theft reports in the industry; helping your business prevent identity theft losses and reducing your compliance risk.
Our Red Flags Compliance Report analyzes this information and displays alerts that are clearly based on the Red Flag guidelines. Names, social security numbers, addresses, telephone numbers, birth dates, and more are checked instantly and returned in a quickly scannable format.
We Also Offer
- Flood Zone Determinations - Cost-effective Flood Zone Determinations from some of the nation's largest flood providers are integrated into the Avantus system, and can be returned in seconds.
- Automated Valuation Models - Estimated property values using the latest, most accurate models.
- Title Searching - Establish current vested property ownership along with all open encumbrances.
- Title Insurance Policies - ALTA title insurance coverage for all types of loans provided by national title insurance companies.
- Master Insurance Policy - Insures the lender's lien position with a title insurance policy that uses information obtained from the borrower's credit file and loan application. Save time and costs associated with a traditional title search and the clearing of unreleased encumbrances, allowing immediate loan approval and closing.
- Appraisals - Appraisal reports estimate the market value of the property. Traditional appraisals are prepared on various forms meeting USPAP and FIRREA requirements.
- Property Ownership Verification - Verification of the vested title ownership in the property along with a copy of the legal description.
- Document Recording - Avantus will hand-deliver to the courthouse any type of recorded residential real estate documents such as Assignments, Releases, Mortgages, Quitclaim Deeds, Transfer Deeds, Warranty Deeds, and more.
- Document Retrieval - Avantus will search for any kind of real estate document recorded at the courthouse and can quickly provide abstracted information or certified copies.
How else can we help you?
If you have a question about any of our products or services, we'd love to hear from you. You can contact us via email, or give us a call at 800-243-0120.