Products and Services
Real Property Services (RPS) offers full vendor management services customized to suit the specific needs of the lender. RPS is dedicated to making the lender the priority by providing fast and accurate information enabling the lender to provide the same to their borrower.
The title search is used to determine an equity position on 1st and 2nd mortgage loans, including vesting/current ownership, legal description, lien information, county tax information and an assessment of the property.
All taxing authorities checked for good standing. Account numbers and the amounts paid or past due are provided.
FLOOD DETERMINATION – LIFE OF LOAN
Flood determination provided in standard FEMA required format and monitored for the life of the loan. Flood map revisions and community status changes are tracked and the lender notified within 45 to 60 days after the effective date of any FEMA map changes that affect insurability.
State-certified or state-licensed appraisers are engaged to provide the appraisal in accordance with all applicable Uniform Standards of Professional Appraisal Practice (USPAP) guidelines. All appraisals reviewed internally by an in-house reviewer prior to delivery to the lender.
Available products include: AVM's, BPO's, Scope, Read-Audit and DA-BPO
Closing services performed and handled as applicable by the type of loan. All Home Equity Loans and Lines of Credit will be closed in the lenders office, the Title Company or an Attorney’s office.
UCC Search, Probate Search, Divorce Search, Certified Copies, Document Filings and other real property information can be provided upon request.