Monitor a borrower’s credit profile throughout the closing process!

Find potential issues or delays prior to closing; facilitates compliance, prevents buy back-loan repurchase, assists in improving the buyer (consumer) experience and helps to safeguard against last minute credit surprises.

Benefits

• Monitor a borrower’s credit profile for up to 120 days
• Ability to look back between 30-60 days
• Help ensure a surprise free and smooth closing process
• Deal with any credit issues earlier in the closing process

Highlights

• Get notified of any changes on a daily basis on new inquiries, new trade lines, new public records and new collections
• Get notifications from 1 , 2 or all 3 bureaus
• Detailed credit report information is appended on each alert such as balances, credit limit and open date
• Compliments the Refresh Report that is recommended to be pulled prior to closing

Available Notifications

• Public Record Bankruptcy
• Tradeline Bankruptcy
• Liens/Judgments
• Major Derogatory
• 30/60/90 Day Past Due
• Balance Increase Changes
• Increase in Scheduled Payment
• High Revolving Utilization/Over Credit Limit
• New Trades
• New Credit Inquiries

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