Get Access to Refreshed
Supplemental Credit Data

Factual Data® clients can now receive direct access to applicants’ latest supplemental credit data from Innovis®. As a supplementary credit data provider, Innovis offers lenders the ability to refresh the credit report multiple times with NO impact to the FICO® score. At any point during the lending process, gain access to up-to-date information to help identify changes in the borrower’s credit profile.

Offering credit data from Innovis started in the spring of 2020 as our way of supporting the lending industry through the many changes and hardships caused by the COVID-19 pandemic. What started with a singular purpose of identifying loans that have gone into forbearance has grown into a multi-purpose tool used by lenders throughout the entire lending lifecycle.

Initially Designed to Offer Security in an Unstable Market

To help our customers identify loans in forbearance as a result of the COVID-19 pandemic, we gave them access to Innovis credit report data with the ability to instantly and continuously update critical tradeline information.

Evolved Into a Multifunctional Tool
for Lenders

Many customers began using the Innovis data for a variety of purposes other than checking for forbearance, giving them greater insights in their operations throughout the lending lifecycle.

Uncover Critical Information at Any Point During the Lending Lifecycle

Get refreshed credit data at your fingertips with Innovis credit data from Factual Data. The use cases are broad:

  • Check the status of recommended consumer actions
  • Discover and monitor updated debts and balances
  • Simply refresh credit data instead of waiting for credit supplements
  • Determine how many months of payment a borrower has left
  • Verify any new liabilities prior to closing
  • Identify comment codes for: forbearance, deferment, natural disasters

See What Our Customers Are Saying

"Our underwriting and processing teams have been using Innovis credit data from Factual Data on a daily basis for our entire pipeline. In these unprecedented times, our relationship with Factual Data allows us to monitor for loans that have gone into forbearance, loans that have been modified, new credit lines and more.

We can truly say access to Innovis data and information plays an important role when it comes to delivering on our vision for our customers."

- Joe W., Director, Business Change Management

Homebridge Financial Services
For more information or to sign up, fill out the form below or contact us at:
(877) 284-8322