Allamuchy, NJ, October 19, 2018 --(PR.com
)-- CIS announced their credit reports are integrated on CloudVirga’s™ digital mortgage platform. “The credit report is the starting point in building the mortgage application file. Integrating CIS credit with CloudVirga™ delivers a competitive advantage for our clients. CloudVirga technology automates tasks traditionally performed by operations and delivers a structured workflow for nearly any loan-type. In turn, cost-savings and quicker loan approvals result, which means CIS clients can out-pace and out-price the competition. In the current mortgage environment, competition for every borrower is fierce. CIS has responded with integrations, products and service capabilities that enable clients to attract and retain more borrows, resulting in more closed loans. CIS is proud to be one of the first credit providers fully integrated on CloudVirga™,” said Mike Brown, CIS CEO.
The CloudVirga integration addresses borrower demand for self-service, mobile loan applications, while offering mortgage companies faster, transparent loan processing. Within minutes of the borrower inputting their data, CIS credit is accessed, verification tools are sourced, disclosures are generated, and borrower commitments can be secured.
CIS is a nationwide, independent mortgage credit reporting agency. Leading the industry in service, CIS delivers integrated solutions including Credit, Fraud Detection, 4506T/TRV, VOE, VOD, Identity Verification, Undisclosed Debt Notifications, Flood Certificates, Tenant Screening, Employment Screening and more: www.cisinfo.net
CloudVirga™ is a point-of-sale solution that digitizes the mortgage loan application, automating tasks to significantly reduce processing time, while using role-appropriate workflows and prompts to deliver a complete, compliant loan file and audit trail.