AFX Research, a leader in expedited title research with over $1.3 trillion in assessed property value reviewed since its founding, has officially announced its integration with TrustPoint.ai, a cutting-edge SaaS technology platform for the construction, renovation, and bridge lending industries.
According to certain reports, the stated integration is focused on automating title updates within TrustPoint.ai’s Third-Party Services Marketplace so to deliver efficiency and convenience at the disposal of real estate lenders, loan servicers, builders, and developers.
More on the same would reveal how, by combining AFX’s industry-leading title research expertise with TrustPoint.ai’s innovative software solutions, this integration hopes to provide clients with what would be a seamless, centralized platform. The platform in question, once available, will try and streamline operations, accelerate loan disbursements, as well as enhance borrower experiences.
You see, if we take a deeper view of the TrustPoint.ai platform, it is focused on simplifying order title updates from AFX, as all a lender has to do is select “Title Search” from the platform’s services list and choose AFX as their provider. As soon as the relevant report is ready, it will be automatically delivered and fully integrated within the solution, meaning there is no need for you to track it down or access external systems.
Such a setup, like you can guess, can save users their valuable time, and at the same time, cut down on operational complexity, thus ensuring a smooth user experience.
We must mention how the clients can now also access AFX’s title research services directly within TrustPoint.ai without juggling multiple platforms. This they can do through straightforward workflows that will enable them to request, track, and manage title services in one intuitive interface.
Not just that, thanks to the availability of centralized billing, clients can even benefit from a single and consolidated invoice, which eliminates the hassle of managing separate contracts and payments. Beyond that, real-time tracking of service orders further ensures transparency, faster draws, and improved borrower satisfaction.
“This integration reflects a significant step forward in delivering the speed and accuracy lenders demand,” said David Mitchell, CEO of AFX Research. “By embedding AFX’s title research capabilities into TrustPoint.ai, we’ve made it easier than ever for lenders to access the critical title due diligence they need to drive growth and efficiency while mitigating risk.”
Talk about the benefits of AFX on from more specific standpoint, we ought to begin from its promise of nationwide efficiency that relates to the way clients can do away with the hassle of managing multiple title companies for updates. This, in turn, can help them achieve consistent performance across over 3,600 U.S. counties.
Next up, we have the prospect of lightning-fast turnaround times, as AFX delivers title updates in an average of just 0.67 business days to let lenders expedite loan approvals. Then, there is a facility rooted in predictive pricing. Basically, leveraging its fixed rate pricing across the nation, the platform is able to facilitate clear budget planning at scale.
Hold on, we still have a couple of bits left to unpack, considering we haven’t yet touched upon the AFX’s ability to accelerate draw processes. This includes the platform’s title update automation, which will now help TrustPoint.ai users achieve significantly faster draw disbursements.
Another detail worth a mention here is concerned with platform’s accuracy. The same can be understood once you take into account that AFX’s title reports are currently relied upon by the likes of IRS, SEC, and DOJ.
Among other things, it must be acknowledged that TrustPoint.ai’s clients can opt to use AFX alongside other vendors or adopt a hybrid approach, enjoying unparalleled flexibility to meet individual business needs.
