What is the difference between EDR LoanCheck RSRA, Loan Check Plus, and Environmental Risk Rating (ERR)?
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    What is the difference between EDR LoanCheck RSRA, Loan Check Plus, and Environmental Risk Rating (ERR)?

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    Article summary


    FAQ

    What is the difference between EDR LoanCheck RSRA, Loan Check Plus, and Environmental Risk Rating (ERR)?

    EDR LoanCheck® Plus with Professional Opinion provides the following:

    • Current Government Records

    • Historical Records on Target Property and Adjoining Properties

    • Qualified Environmental Professional Opinion

    • EDR Exclusive High Risk Historical Records (includes new national EDR Historical Auto Stations / Cleaners Database & Coal Gas)

    EDR LoanCheck® RSRA provides the following:

    New EDR report as of Jan 1, 2018. Intended for SBA transactions only.

    • Current Government Records

    • 3 Historical Records on Target Property and Adjoining Properties

    • Qualified Environmental Professional Opinion

    • EDR Exclusive High Risk Historical Records (includes new national EDR Historical Auto Stations / Cleaners Database & Coal Gas)"

    EDR Environmental Risk Rating (ERR) provides the following:

    • Provides instant elevated or low risk rating on property

    • Accurate rating based on computer algorithm developed by LBX & a panel of Environmental Professionals

    • Assigns risk rating to each database record

    • Indicates distance to target property for each record

    • Provides full detail of each database record


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