FinalCheck Prefunding Suite
Simplify LQI compliance
FinalCheck, a suite of fully decisionable LQI compliance products, provides three powerful prefunding data verification solutions that instantly identify new credit tradelines, discover undisclosed loans, and screen against exclusionary lists – all in an easy-to-interpret report.
- CreditCheck – Collects, organizes and compares any changes in tradelines that surface between the initial prequalification credit report and prefunding.
- AppCheck – Identifies undisclosed applications, concurrent loans, and related fraud schemes by checking real estate data against our proprietary loan application databases and the MERS® loan registry.
- FraudCheck – Screens borrowers and businesses against the GSA-EPLS, HUD-LDP and other exclusionary lists to help ensure investor acceptance of your loan submissions.
Unlike credit monitoring products which can disrupt your established processes and result in data gaps, FinalCheck automatically delivers all applicant loan activity – from prequalification through prefunding – in one report just before you submit a loan to a GSE, exactly when you need it.