The Credit Check for Properties
November 26, 2020You run a credit check on mortgage applicants — but what about the subject property? Just as a credit check […]
Read More about The Credit Check for PropertiesPurview improves alignment between lenders and insurers because working with both groups utilizing the same accurate and current data equals more closings and better deals.
Introduction
Quickly adapt to market fluctuations and justify your lending decisions with access to objective property, ownership, and mortgage intelligence when and where you need it. Purview enables you to process high-quality loans and reduce costs with quick, accurate property valuations.
Why Do Insurers Use Purview?
Make more informed decisions during the credit adjudication process
Better adapt to market conditions and identify trends in the market
Fast, accurate, and complete information
Direct integration capabilities with existing infrastructure
Who Uses Purview For Insurers?
Mortgage Insurers
Product Features
Property Details - validate legal descriptions, property identification numbers (PINs), property sizes, and more
Homeownership - validate who owns a property
Sales History - view the sales history on a property
Property Value - accurately estimate a property’s value using our Automated Valuation Model (AVM).
Registered Mortgages - view registered mortgages on title
Sales Comparables - review the closest relevant comparables to the subject property
Fraud - uncover, identify, and prevent fraud deals.
Aerial Imagery - virtually view a property and adjacent properties from the sky or street
Other Searches - Parcel Registers and Instrument Images for digging deeper.
Want to Learn More About Other Teranet Solutions for Insurers?
Teranet offers a wide range of commercial solutions to mortgage insurers.
Visit Teranet Commercial SolutionsOn the Blog
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