Mortgage & lending
OFAC screening for mortgage & lending
Screen borrowers and co-signers at origination, underwriting, and closing for OFAC compliance.
- Jordan and Priya ShahBorrowers · application No match
- Petrov Holdings LLCSeller · similar name on the UK list Check 78%
- closings-october.csv86 borrowers uploaded No matches
Mortgage lenders, brokers, and servicers must screen borrowers, co-signers, and sellers against OFAC sanctions lists at multiple points in the loan lifecycle. OFACScreen automates these checks and provides the audit trail your compliance team needs.
How mortgage & lending use OFACScreen
Loan application
Screen borrowers and co-borrowers at the point of application to catch sanctions matches early.
Underwriting
Re-screen all parties during underwriting with updated sanctions data before issuing approval.
Closing
Final OFAC screening of all transaction parties at closing, including sellers and settlement agents.
Servicing
Save the borrowers you want watched and have them re-screened daily against the refreshed lists, with an email alert on a new match.
What OFAC asks of mortgage & lending
Six parties, not one
Borrowers, co-signers and guarantors, sellers, settlement agents and title companies, real estate agents, and anyone holding power of attorney. Sellers are the party most often skipped, and they are the one your funds go to.
Five points in the loan, not one
Application, processing and underwriting, pre-closing, closing, and servicing. Screening at application and never again leaves a window in which a new designation lands before your money does.
The CFPB and the banking agencies look at this
Federal regulators evaluate OFAC compliance as part of the examination process, so the loan file has to show what was screened and when.
Screen every party before you fund
Check borrowers, co-signers and sellers, and keep the record for the loan file. 14 days free, no card.
OFAC screening for every industry
- Banks & credit unions Account holders and wire parties
- FinTech & payments Users, merchants and payees
- Insurance Policyholders, claimants and beneficiaries
- Auto dealers Buyers in every sale and financing
- Real estate & title Every party to a closing
- Gaming & casinos Players and high-value payouts
- Cryptocurrency The people behind accounts
Try OFACScreen free
Start your 14-day free trial. No credit card required. Screen against 14 sanctions and export-control lists in seconds.