Choosing the Best Environmental Screening Report for You
There are many ways to be efficient and risk adverse when it comes to your collateral property transactions. An Environmental Screening Report is a necessary tool to help you identify if you are going to have any Environmental Issues/Concerns during the Loan Process. Our Environmental Screening Reports include a Risk Level and a Recommended Next Step Action. Let us help you determine which Environmental Screening Report is the best for you.
The LenderCheck Report
If you want a broad and more inclusive search, the LenderCheck Report is for you. This Report searches up to 1-mile radius around the center of the property. The greatest benefit of this is that you can use this report for a Phase I ESA in the case you need to have one performed for the property.
A LenderCheck Report is perfect for New Loans, Loan Renewals, and Property Transactions. Order one of these in order to help detect any changes before jumping to a Phase I ESA.
The LenderCheck II Report
Our LenderCheck II Report is perfect for screening every loan or property transaction that walks through the door. This Environmental Screening Report only searches 1/16th of a mile from the center point of the collateral property. Some Financial Professionals prefer that sometimes because they just want to focus on the property and nothing else. At 1/16th search radius, the search covers your collateral property and possibly adjacent properties depending on the size if your property.
Both LenderCheck and LenderCheck II Reports
Both of these Environmental Screening Reports Save You Time, Money & Resources. And even more importantly, they include an Environmental Risk Rating & Recommended Next Step Action. This is the key information that you look for. The best part is that you can find the Risk on the front page.
If you are ever in doubt about which report you need, please feel free to give us a call. Our team of Environmental Professionals are more than happy to assist and guide you.