Credit Plus, a provider of mortgage verifications, business credit reports, business owner reports and a complete ecosystem of business intelligence data, has expanded its integration with Liquid Logics to now include soft credit inquiries.
In addition to hard credit pulls, private lenders can now choose to pull only a soft inquiry on their applicants for business purposes ─ and they can do so with a simple click of a button. The benefit of a soft inquiry is that it does not impact the applicant’s personal credit.
Liquid Logics is a FinTech company providing next-generation, cloud-based, lending-centric CRM, Loan Origination Software (LOS), doc engine, loan servicing, draw and construction management, asset & REO management, investor management, and fund pool management primarily for private/hard money lenders. The system is built around the borrower experience with an emphasis on simplicity and speed for the Loan Officer.
Credit Plus is a provider of business owner and business credit reports and a complete ecosystem of business intelligence data that commercial and private money lenders need to reduce risk and improve financial performance. Its business credit report data is verified so lenders can be confident that the data they receive is accurate. Credit Plus doesn’t require annual business credit report contracts and it supports its customers with a dedicated, local team.
Credit Plus is also a provider of verification services that give mortgage professionals greater confidence when making lending decisions. With the Credit Plus Collection, its comprehensive suite of verification services from pre-application to post-close, lenders can successfully close more loans and better manage their risk. Credit Plus’ expertise in the mortgage industry enables it to quickly assess current and future needs and provide new solutions for a rapidly changing environment.
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