Tax Status & Tracking
Lenders can track whether a borrower has unpaid property taxes, how much they owe, and the tax year and jurisdiction in which they were delinquent. If they’re up to date in their tax payments, lenders can see the amount paid in various installments and tax periods. Additionally, lenders will see tax assessed values, land value, improved value, the assessed year and tax exemption status data.
Client | Turn-time has significantly reduced over the year. I believe it’s dropped almost seven days, so it’s been a pretty big gain from that. We’ve been able to reduce our days-to-close roughly from 40 days down to about 30 days.Josh Hurley, Lending Supervisor, Umpqua Bank