MMT's SearchNet allows mortgage lenders and bankers to feel confident about lending decisions by knowing property valuations are comprehensive and accurate.
Using MMT's SearchNet, mortgage lenders and bankers can view mortgage, sales, and lis pendens history, along with building characteristics, and other improvements to have a thorough insight into a property.
The Lender’s Trend Report provides a detailed analysis of mortgage lending activity by county, as well as a lender’s market share. View number of mortgages, dollar volume, and mortgage type by each lender.
The Lots and Land Sales Report and the Non-Residential Land Sales Report both contain information on vacant lot sales for residential and commercial property. This information is essential for lenders because it identifies recent buyers who may be prospects for new construction loans.
Having this insight into changes in the direction of the mortgage market will give you a competitive edge.
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Mortgage Lenders can use MMT's SearchNet to perform a property owner search, an absentee owners search, Lis Pendens search, property tax record search, and a real estate tax data search.
Mortgage Lenders can use SearchNet to generate housing market trends reports, builder trend reports, lenders trend reports, closing agents trend reports and local market real trend reports. With MMT's SearchNet, you can also find information on tax records, pre-foreclosures, foreclosures, unlisted sales, new home sales, condo sales, and sales of properties that are not listed in the MLS.