ReverseVision Exchange to Offer Flood Determination From ServiceLink
ReverseVision has announced that it has completed an integration with ServiceLink Flood that enables users of RV Exchange (RVX) loan origination software (LOS) to order a “life of loan” flood certification from ServiceLink without ever leaving the RVX system. ServiceLink flood products can be ordered from within RVX as of the system’s 6.2 update.
“ServiceLink’s fully-digital national flood maps are among the most accurate and comprehensive in the industry, allowing us to consistently deliver the higher hit rates and quicker turn times that have made us a preferred provider among originators,” said Mark Reedy, managing director of ServiceLink National Flood. “We are delighted to join forces with ReverseVision to bring best-in-class flood certification to our mutual customers.”
Among the most trusted names in the flood certification business, ServiceLink provides an exclusive aerial product overlayed with a street map and the FEMA Special Flood Hazard Area Map. This tool allows their lender customer, and their borrowers, to verify that the structure is within a FEMA flood zone. Another value is that lender clients are able to identify if there are multiple structures on the property.
“We are always looking for opportunities to partner with the providers our customers know and prefer. Ultimately, our goal is to make the origination of reverse mortgages in RVX as fast, cost-effective and compliant as possible,” said ReverseVision Vice President of Sales and Marketing Wendy Peel. “This connection with ServiceLink serves that mission by making the flood certification order and delivery process simpler and more efficient.”