ACRAnet provides numerous products and services that can be used in making lending decisions. Credit data from Equifax, Experian, and Trans Union will allow you to see the whole picture. ACRAnet and their technical partner are able to provide customized output of the credit report in order to make the information easier to interpret.
Credit reports can provide the following information:
- Open and Closed Credit Accounts
- Payment History
- Address History
- Credit Inquiries
- Social Security Verification
- Security Alerts
- Fraud Alerts
- OFAC Alerts
Better Scores Mean Better Pricing for Your Customer.
ACRAnet offers direct access to the IRS for all of your tax return verification needs. Through the 4506-T online ordering platform, you can input and receive numerous documents electronically.
- CreditXpert® What-If Simulator™
- Customizable credit score forecasts. Simulate complex combinations of changes, or simply look into the future.
- CreditXpert® Wayfinder™
- Best plan to improve credit score via pay-downs and other behavioral changes.
- Credit Assure™
- Score improvement opportunity notifications (e.g. +17 points) right on your credit report.
The Public Records Search Report (PRS Report) identifies civil court records on individuals from more than 3,600 jurisdictions—including small claims, municipal, county, state, and federal courts. The report provides information on the debtor, plaintiff, amounts, dates, amendments, and releases within FCRA guidelines.
- Bankruptcy filings
- Tax liens
The report searches the national court records using the person’s name (first, middle, and last) to identify the number of potential records, and then filters those by the person’s address and social security number (bankruptcy only). Because lien and judgment records do not include the SSN, the national search uses a 4-point match on name and address elements to reduce the risk of a missed record, while minimizing the chance of a false record.
ACRAnet offers direct access to the Income Verification Express Service (IVES) and the Return and Income Verification Services (RAIVS) of the IRS for all of your tax return verification needs. Through the 4506-T online ordering platform, you can input and receive numerous documents electronically.
Rely on ACRAnet for accurate and reliable flood zone determination information.
ACRAnet Flood is powered by ServiceLink and LERETA, which provide determinations through the SharperLending Platform. They ensure compliance with all government and industry regulations and requirements, including new Biggert-Waters Act flood rules and RESPA requirements—so you don’t have to worry about non-compliance and penalty fees.
Determining collateral value is an integral and key component of the mortgage loan underwriting process. The accuracy of the valuation is essential for the lender to properly assess the collateral property pledged as security for the mortgage loan and for determining the Loan-to-Value ratio.
The Automated Valuation Model (AVM) is a technology-driven product developed to provide instant, unbiased residential property valuations in the most cost-efficient and timely manner.
Additionally, ACRAnet has a product available that enables you to create and manage your own panel of appraisers in all 50 states. Please contact us if you would like more information about SharperLending’s Appraisal Firewall product.
*Residential and commercial AVM products available.
- Standard—property tax data, payment and agency information
- Insourcing—access to automated tax data to monitor and process property taxes
- Outsources—complete management of real estate tax functions
SSA-89 Taxpayer ID—Through access to the Social Security Administration, ACRAnet is able to compare the social security number provided by the applicant to determine that it is valid for the name and birth date provided.
VOM/VOR—Verification of Mortgage and Verification of Rent are available for order when required during the underwriting processes.