Accurately qualify potential borrowers faster and more
cost-effectively by receiving instant credit and property value information.
TransUnion Triple Merge with PreviewTM is an innovative pre-qualification
solution that gives you a quick view of a prospective loan opportunity before
investing resources in processing non-qualified loans.
Benefits of Electronic Verifications
- Save money by accurately placing
loan applicants in the correct loan program before ordering costly
underwriting products
- Improve loan targeting early in
the process and weed out non-efficient processing activities
- Detect fraud or identity theft
through credit alerts
- Win more loans
Features
- Applicant(s) name and address
- Subject property address
- Estimated property value range (provided in a separate report)
- Applicant FICO score (single or joint)
- Credit alerts on report as applicable
- FACT Act fraud and id theft alert message
- FACT Act Active duty military alert message
- FACT Act Address discrepancy indicator
- High Risk Fraud Alert
- ID Mismatch
- Security Freeze messages
- Consumer Statements
- Mortgage Lender Credit Score Disclosure
Process
TransUnion Triple Merge with Preview quickly returns a FICO score, as well
as an estimated property value range, and any applicable credit alerts,
consumer statements, and disclosures. Once you’ve assessed the viability of
the loan applicant and target property, you are then able to process the
loan in its proper loan program and order a TransUnion Triple Merge Credit Report.
As a result, you’ll make better screening decisions, retain qualified
borrowers through superior service and eliminate applicants from inapplicable
loan programs before spending time and money ordering credit and appraisal
products for applicants that do not result in closed loans.
Samples
The preview report is delivered instantly in an easy-to-read PDF format so that
you can quickly identify the borrower’s FICO score and estimated property
valuation. See below for a sample report.
About TransUnion
TransUnion is a leading global information solutions company that combines data,
analytics, technology and an in-depth understanding of business issues to help
consumers achieve their financial goals and to help businesses manage risk and
expand opportunities at every stage of the customer lifecycle, including
acquisition, account management and collections. Founded in 1968, Chicago-based
TransUnion employs 4,100 associates and supports clients in more than 30 countries.
Visit us at TransUnion.com.
TransUnion delivers its real estate service through its subsidiary, TransUnion
Settlement Solutions, a premier provider of best-in-class information and process
management solutions to the residential lending industry. For more information
about TransUnion Settlement Solutions, visit TransUnionSSI.com or
call 1-888-299-8787.
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