article thumbnail

Flueid integrates with Encompass to fuel loan originations

Housing Wire

The Flueid Decision integration, built on the Encompass Partner Connect API Platform, provides greater transparency and awareness of the property’s title condition from borrower engagement through closing, according to the company.

Loans 383
article thumbnail

ServiceLink’s EXOS Title engine automates the title process so lenders can receive instant title decisions

Housing Wire

ServiceLink’s tech-enabled title solution, EXOS Title, combines cutting-edge technology and superior customer service with a nationwide footprint – ultimately getting lenders and their clients to the closing table faster. EXOS Title offers strict adherence to local, state and federal regulatory guidelines.

Title 265
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Purchase market will highlight closing process problems

Housing Wire

It’s much more efficient to reach a loan officer and input an application into the pipeline than ever before. That includes procuring the underwriting policy, managing the title search, curative, TRID requirements and so forth. How long until the title search is complete?”)

Closing 281
article thumbnail

How to Understand Real Estate Underwriting

Realty Biz

You'll need to provide documents such as: Valid ID and Social Security number Recent pay stubs W-2 or I-9 forms from the past two years Federal tax returns Recent bank statements Details on long-term debts like car or student loans Your loan officer, mortgage broker, or home lending advisor sends this information to the underwriter.

article thumbnail

How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

To avoid a closing delay or, even worse, the sale falling through, it’s essential to be upfront and honest with your loan officer. Give your loan officer full disclosure from the start – tell us everything. Any changes to employment status could force the lender to decline the loan even at this point.”.

Closing 63
article thumbnail

Count the Closing Costs: A Line-By-Line Guide to Closing Costs With A Mortgage

HomeLight

Processing the title for your home also brings with it certain fees. Title search. A title company will search for any liens or claims on the property. Their search ensures that the seller truly has the right to sell the home to you, and that when you purchase the home, the title will be yours, “free and clear.”

article thumbnail

Buying a House? Here Are the Mortgage Fees You’ll Pay

HomeLight

In some states, you’ll hire an attorney to look over your closing paperwork or other loan documents. In Massachusetts, buyers pick their attorney, which senior loan officer Philip Ganz , who has 19 years of experience in the Boston area, says leads to wild swings in cost. Appraisal fee.