EDR LoanCheck Packages: The Right Risk Management Data Formula – Call NowCall one of our Financial Services account executives at 800-352-0050 between the hours of 8 am and 8 pm EST to learn more about EDR’s LoanCheck Packages, or visit us at www.edrnet.com.
EDR Financial ServicesEnvironmental Information You Can Bank On
EDR Financial Services is a division of EDR, a national provider of environmental risk information. EDR is headquartered in Connecticut with regional offices located throughout the United States.
EDR Financial Services provides information tools that address the real estate risk management needs of today’s lenders. Developed exclusively for the financial community, our reports are easy-to-read and cost-effective, giving lenders critical data to evaluate properties of any size. Detailed information, available on a nationwide basis, covers both the past and present uses of a property. For more information, visit www.edrnet.com.
Environmental Data Resources Inc. (EDR) is EDR is wholly owned by DMG Information, Inc., the business information division of Daily Mail and General Trust, plc (DMGT).
EDR Financial ServicesEnvironmental Information You Can Bank On
S E E T H E W H O L E E N V I R O N M E N T A L P I C T U R E
E D R ’ S L O A N C H E C K P A C K A G E S S E E T H E W H O L E E N V I R O N M E N T A L P I C T U R E S E E T H E W H O L E E N V I R O N M E N T A L P I C T U R E S E E T H E W H O L E E N V I R O N M E N T A L P I C T U R E
The EDR Fire Insurance Map Abstract – This abstract provides detailed historical fire insurance map information including structural characteristics, property uses and business names; all of which can be an indication of environmental hazards. EDR’s Sanborn fire insurance map collection dates from 1866 and chronicles the history of approximately 12,000 American cities and towns.
For Smarter Risk Management You’ve Got To Know It AllNothing compares to EDR’s LoanCheck Packages. They’re your best choice as a first step in environmental due diligence. Here’s why:
Not just present data – past data too. LoanCheck includes both a Phase I level government records check and an abstract of both city directory and fire insurance map historical sources.
A one-two punch in the prescreening process. LoanCheck Packages allow you to prescreen commercial real estate for potential environmental concerns from both a historical and current standpoint. The packages uncover the need for further environmental investigation, or the peace of mind that no further action is required.
Reports how you need them – Fast! Government records check report is in your hands within 6-8 hours. Historical reports are returned to you within 2-3 days. Rush options available.
Easy to order. Easy to use. Order with ease via the web any time. Reports can be delivered in hardcopy or e-mail.
Inexpensive and cost-effective – Contact your account executive for pricing. You’ll be happy you did!
EDR’s LoanCheck Package Plus – All of the features and benefits of the standard LoanCheck Package with physical setting source information too! EDR LoanCheck Package Plus helps you predict the likely course and speed of contaminant migration. Physical setting source databases include:
Groundwater flow and direction USGS topographic information FEMA flood information Wetlands Soil type and permeability Federal and state well data Public water supply information
EDR’s ToxiCheck® – The EDR Radius Map Report can be ordered with or without ToxiCheck®, a tool which assigns an environmental risk code (high, medium or low) to a property to signify its degree of potential environmental liability based solely on
the government records search. ToxiCheck’s risk levels can be customized to reflect your specific risk tolerances.
The Many Uses of EDR LoanCheck Packages Commercial Real Estate Originations SBA Environmental Guideline Compliance Evaluation of Commercial Real Estate
Trust Assets Fulfillment of FDIC Environmental Guidelines Real Estate Foreclosure Analysis
Know Your History – Give A Property A Passing GradeLoanCheck Packages can be ordered and delivered online, and include a 1-mile radius map identifying potential or real environmental problems, plus a search and summary of Sanborn Maps® and historical city directories to identify past property uses and the likelihood of contamination. The EDR LoanCheck Package combines three proven EDR products.
The EDR Radius Map Report™ – This map-based report identifies sites with real or potential environmental issues. Environmental databases are searched within a radius as defined by ASTM E 1527, or are tailored to your specifications.
The EDR City Directory Abstract – This abstract provides detailed historical city directory information for the target property. Published for United States cities and towns since the 18th century, city directories identify the property name and use, e.g., gas stations, dry cleaners, etc.
When you’re making commercial real estate decisions that affect your bank’s future, make sure you have all the necessary information. EDR’s LoanCheck™ Packages are the right formula for getting a complete view of the present and the past.
All too often, banks rely solely on an internal environmental questionnaire when they screen low cap loans. Combining a questionnaire with a review of the current government records still doesn’t give you the full picture! EDR® LoanCheck™ Packages combine current government records with multiple historical resources, giving lenders the most comprehensive prescreening products available.
