CoreLogic releases pre-qualification toolMortgagePress.comPre-qualification software, CoreLogic, PreQualPro
CoreLogic has developed PreQualPro, a pre-qualification value
range tool designed to meet the needs of originators' retail and
"This is a cost-effective method to eliminate the guesswork up
front by the loan officer or broker," said Anthony Romano,
executive vice president of CoreLogic. "PreQualPro provides a
property value range, along with a probability rating that the
client's estimate of value is accurate. And from a lender's
perspective, it gives the loan officer a good indication that, if
he or she proceeds with a deal, the 1004 or AVM would be there to
support the value."
Sacramento, Calif.-based CoreLogic is a provider of collateral
risk analysis and management technology and services to the
mortgage banking industry. For more information, call (888)
288-2009 or visit www.corelogic.com.