Today, Accurate Group launched its new EquityClear™ solution. This addition to our home equity suite of title and appraisal products is designed to help lenders accelerate real estate title decisions, improve the borrower experience and reduce risk.
With EquityClear, the burden of lien clearance is removed from the lender. Accurate Group facilitates the title search, automates the review of lien and vesting history using both public and non-public data sources, and provides a more accurate and useful title report to the lender. Benefits to lenders include greater efficiency, lower costs, reduced burden on loan officers and underwriting teams, and better decisions on borrower qualification. EquityClear also enables lenders to reduce overall risk by ensuring a standardized process is applied to every loan and that liens are reviewed and cleared by a fully qualified, neutral third party. And for even added value, borrowers benefit from less documentation and faster loan closings.
As the economy strengthens and home values continue to increase, you as a lender have the opportunity to significantly increase revenues from home equity loans and home equity lines of credit, and Accurate Group has the solutions you need to capitalize on this opportunity. Read the full EquityClear press release or contact Accurate Group to request a demo.
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