Credit Reports

Lenders and loan processors rely on credit reports to make educated risk management decisions, so Simplified has partnered with Credit Plus to provide lenders with access to credit reports from top reporting agencies nationwide. Simplified also offers the new Undisclosed Debt Verification (UDV) from all three networks, which is now required by Fannie Mae as part of its Loan Quality Initiative (LQI) guidelines and by Freddie Mac under its Responsible Lending Guidelines.

Debt verification actively monitors a borrower’s file for new trade lines, changes in trade lines, inquiries, or secondary reissues for up to 120 days or until discontinued. UDV alerts lenders to changes in the report during the underwriting process, allowing you to avoid last-minute verifications or closing delays.

All borrower activity and information is provided for lenders in one user-friendly report with Simplified’s state-of-the-art ordering system.

  • Purchase and Refinance Solutions

    Purchase and Refinance Solutions

    All of the services needed to close a loan available in one user friendly, safe, and secure environment.

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  • Home Equity / HELOC Solutions

    Home Equity / HELOC Solutions

    Whether your borrower is around the corner, or across the county, we have a solution geared for your particular loan.

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  • Portfolio Monitoring Solutions

    Portfolio Monitoring Solutions

    Once a loan has closed and funded, there is still work that needs to be done. Lenders must ensure that…

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  • Customized Solutions for Lenders

    Customized Solutions for Lenders

    Simplified can customize a solution for every lender’s needs. Within the Simplified platform itself, lenders and loan processors have a variety…

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  • Small Business/Commercial

    Small Business/Commercial

    Simplified is proud to offer certain commercial lending solutions for loan processors and lenders. Via Simplified's existing vendor relationships, lenders…

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