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Explore Our DataNavigating the multifaceted aspects of asset analysis can be daunting. Not any more.
Get a comprehensive solution tailored to the mortgage market’s specific needs that simplifies asset verification and analysis, ensuring unmatched precision and speed.
With a customizable platform, you have seamless integrations to fine-tune procedures and set a new standard in asset analysis.Boost your confidence in every transaction.
CoreLogic’s AutomatIQ Borrower Assets Analysis empowers clients to tailor their verification strategy while optimizing for cost-efficiency, speed, and depth of coverage that align with their business objectives.Many variables can affect accurate asset analysis. Just a change in an asset’s value or missing information can add time and stress to the loan approval process.
Our Assets Analysis solution ensures accurate results by allowing the option to directly link a borrower’s accounts.
Using CoreLogic’s Verification of Assets (VOA), AutomatIQ Borrower Assets Analysis offers borrowers a seamless, digital platform to connect their financial accounts and ensure accurate, up-to-date verification of available assets.
This user-driven step guarantees the most current asset information is always on hand.Some borrowers may not wish to link their accounts. No problem. We have an easy solution.
AutomatIQ Borrower Assets Analysis provides the option to upload physical bank statements, allowing this service to be used in all asset scenarios.
Our Assets Analysis tool digitally extracts the financial data from the statements and helps the lender complete a full analysis of accounts while simultaneously checking for data completeness, accurate period coverage, and proper account ownership.Determining if a borrower is financially ready to take on a mortgage loan requires an in-depth analysis that can be time-consuming. That’s why AutomatIQ Borrower Assets Analysis was specifically designed to streamline the assets analysis process.
Our solution has a sophisticated interface that ingests and summarizes the output from CoreLogic’s Verification of Assets (VOA) service and any statements manually uploaded to the service. Users can select from specific verification functions or combine them for a more granular analysis, allowing lenders to accurately assess the borrower’s financial health and accessibility of funds for loan closing.Identifying the missing link in loan funding is a game changer. With this knowledge, a lender can recommend changes to a borrower to make an application financially viable.
A standout feature of AutomatIQ Borrower Assets Analysis is the capability to visualize a borrower’s assets, categorize them, and compare them to the funds required to fulfill a transaction. Lenders can quickly assess any shortfalls for a clear and immediate understanding of a borrower’s financial readiness.With the Assets Analysis tool, you can consolidate financial data in one place, even when digital linking does not procure all the required information and a borrower provides physical statements.
This tool ensures thorough checks across all transactions and account types, regardless of source, for complete asset verification. The interface also provides an efficient method for integrated analysis when digital data is insufficient.Fill in the form below to contact us.
