The integration “further streamlines the processing of credit reports, resulting in a smoother loan origination process for our mutual customers,” says Dave Sims, CEO of Floify, in a release.
It allows Floify customers to automatically access credit report data, helping to expedite the decision-making process and close loans faster.
For more than 30 years, the Instant Merge credit report has been the most widely used merged credit report in the mortgage industry – providing the highest quality data, customer service, technology and breadth of integrations, CoreLogic says.
The direct integration of Floify’s POS technology allows clients to quickly and easily get validated applicant credit information and easily import the data into the Floify digital 1003.
Floify streamlines the loan origination process by providing a secure application, communication and document portal between lenders, borrowers, referral partners and other mortgage stakeholders. Lenders use Floify to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents to help close loans faster.
“This integration with Floify means our customers can now instantly access credit data during the buyer’s journey and as a result, optimize their digital strategy during the lending process,” says Kevin Mullins, principal for channel partnerships at CoreLogic.