SearchMyLoan.com (SML), a Port Washington, N.Y.-based provider of loan search and pricing services for the mortgage industry, has formed an alliance with Nashville, Tenn.-based CIC Mortgage Credit.
As part of the agreement, SML will incorporate CIC Mortgage Credit's database of credit reports and other related information into its loan search and pricing engine. According to the companies, this parsing of raw credit data into identifiable units ensures the most reliable and appropriate loan decision for originators.
‘This alliance provides an expanded range of lending products to originators who want to simplify the way they search for loans and free up more time to seek out additional leads,’ says Salvatore Tomaselli, CEO of SearchMyLoan.com.