Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Background and credit checks
Hi All,
I have a company that writes mortgages for those flipping or rehabbing properties. As part of our due diligence, we run background and credit checks on the borrowers. Does anyone have any input or suggestions on how to do this. Currently we use a company that uses a third party verification so even though we get the paperwork signed by the borrower that gives us permission to run these checks, they still need to approve, and pay for, the check through the site. I'd like to avoid having to bother them to do so and take the cost in-house. Thanks for the help.