Home Equity Solutions

FastTrack streamlines the home equity lending process while drastically reducing costs, risk, turn-times, and loan cycles—all on one centralized ordering platform.

— Flood Determination

— AVM (Optional Warranty Available)

— Property Condition Report

— Verisite Photo App (homeowner takes interior photos and submits via mobile app)

— Residential Evaluation (Optional Warranty Available)

— Hybrid Appraisal-USPAP Compliant

— Warranted Title Search

— LoanProtect Report

FastTrack TSR (Title Search with Recordation includes Home Equity Warranty for Search and Recordation Process)

Home Equity Clear-to-Close provides instant title data and decisioning to help engineer a more optimal workflow. It also offers mortgage lenders instant awareness of the condition of title at loan application. With upfront title guidance, lenders can reap higher margins and efficiencies, while reducing costs and loan cycles.

Home Equity Clear-to-Close also provides for the quick identification and prequalification of borrowers as well as those who qualify for a quick close to FastTrack their loans.

Lender Benefits:

— Instant Data, Analytics & Decisions- Help consumers tap into their equity with instant, upfront data and title clearance decisions for quick identification and prequalification of consumers

— Immediate E&O Coverage- Quickly and cost-effectively order Title Condition Report (TCR) and E&O coverage based on investor guidelines and borrower profiles

— Seamless consumer experience- by managing expectations from the start

— Eliminate Shopping Around- by identifying customers that qualify for a quick close and FastTrack their transaction

— Powerful data- to counsel clients and immediately win their trust

— Increase volume- by prioritizing opportunities with the highest likelihood of closing

LoanProtect is a proprietary New Vista Solutions product that is designed to accelerate the closing process for Home Equity transactions. The LoanProtect program provides error and omissions coverage to the lender for property records collection, loan closing, and loan recording services that are performed by or on behalf of the lender. The program protection also includes fraudulent acts or misrepresentations by the mortgagor in the form of fraudulent conveyance, fraudulent transfer, identity theft, or multi-loan fraud (“shotgun fraud”).

Coverage is fully transferable.

Expected Delivery: Instant

— Full Warranty available on most Residential Valuation Products.
— Automated Valuation Model (AVM) Report - sourced from the top AVM providers in the industry. Model validation procedures ensure compliance with agency guidelines.
— Validated Cascade - Pre-validated by AVMetrics to verify accuracy at the county level.
— Residential Evaluations - Utilizing the top five evaluation providers in the U.S.
— Limited Appraisal - Performed by a licensed appraiser; fast, accurate, and compliant.
— Property Market Condition Report - Provides a comprehensive review of the property and surrounding market along with a photo of the subject property.

A search of public records to report tax liens, judgments and encumbrances along with recordable Legal & Vesting information.

Warranties up to $500,000 are available on most residential and commercial title search products.

In addition to title searches, we also offer our proprietary LoanProtect Report, Legal & Vesting (Deed) reports and our new Home Equity Clear-to-Close instant title data and decisioning report.

An accurate flood determination is provided for each transaction.

We offer basic, life-of-loan, and commercial flood determinations.

We also can provide portfolio risk management solutions.

We can review an entire portfolio and report updated flood information on each property.

Full review of documents to be recorded; non-fatal errors corrected; fatal errors returned to lender for correction; secure electronic recordation available; traditional mail-out service nationwide; processing of court filing fees and full order tracking and management status reporting.