Bankers' Bank of Kentucky

With the significant compliance requirements and financial liability associated with lending today, lenders are choosing to mitigate and/or transfer these risks to large national and financially sound third party vendors. CLS has spent many months identifying the very best service providers for each of the products and/or services we represent. In addition, extensive operational and financial due diligences, including on-site visits are performed prior to endorsing any service provider.

CLS is aware that we are in a commodity business; we differentiate ourselves by the quality of the service provided and the competitiveness of our pricing. We believe that our unique approach to providing these services will greatly enhance your ability to service your customer, while remaining price competitive in your market.

Flood Determination Services
Access the most accurate data in order to receive the determination within seconds. Our extensive database is updated regularly to reflect any FEMA changes and LOMA/LOMRs. All of our determinations carry a guarantee backed by a $10 million E&O Policy from an A+ insurer, thus relieving both the borrower and lender of any liability. There is no set up fee or monthly minimums.
Try our service free for 7 days.

Credit Reports
In addition to traditional credit reports provided by Experian, Equifax and TransUnion, CLS provides a Residential Mortgage Credit Report (RMCR), one of the most comprehensive credit reports available.

Appraisals
CLS gives you access to a variety of appraisal services nationwide that are completed by licensed field appraisers.

Automated Valuation Model (AVM)
AVM reports are generated within 30-seconds, allowing lenders to receive a timely and affordable property valuation report that quickens decision-making and loan closings.

Title Services
Products available from nationwide companies to protect institutions and their clients from problems that might affect title ownership include:
- Property Report
- Property Plus Report
- Last Vesting Deed
- The Mortgage Loan Report (MLR)

Tax Services
The tax service company will contact the local tax offices to verify taxes are paid on the subject property and will obtain the last amount paid, date paid and next due date. If taxes are due, the company will obtain the amount due (if available) and the physical payment mailing address and phone number.