MOST CREDIT SCORES CAN BE LEGITIMATELY IMPROVED IN 72 HOURS
The idea of improving an applicant’s credit score in just three days may initially seem implausible. However the process is legitimate and Funding Suite offers the service in partnership with Experian, Equifax and TransUnion. Knowing how and when to improve scores is an important part of mortgage qualifying – and a necessary strategy to maintain your competitive advantage. Funding Suite offers both the software and training to easily integrate credit score improvement strategies into your application process.
FUNDING SUITE’s X-RAY TECHNOLOGY SCANS TRADELINES AND DIAGNOSES POSSIBLE PROBLEMS
When speaking with applicants about their credit file, you will come to rely on Funding Suite’s X-Ray technology to help you instantly diagnose issues hidden in the credit file that may be lowering the score or that require your attention to smooth out underwriting. Our software translates complex issues into easy to understand language that instantly turns any employee into an expert in credit qualifying. Simply run the report – and Funding Suite will diagnose any potential issues instantly.
OFFER RESCORING TO GENERATE MORE REFERRALS
How many deals do you turn away because the necessary middle score is 30, 15 or even 5 points too low? How would you like to stop some of those deals from walking out the door? With almost no extra effort on your part, Funding Suite’s integrated credit score improvement tools can help you do just that. In fact, with every Funding Suite credit report you order, you’ll get a free peek at how many more points you can add to every credit score. Even if you have no knowledge of credit scoring, you can confidently prequalify your prospect using the highest possible score – even if that score doesn’t exist at the moment. This gives you a competitive advantage and leaves a positive and lasting impression on your applicant that will generate referrals from friends and family.
FUNDING SUITE SOFTWARE DOES ALL THE WORK – ENTIRE RESCORING PROCESS COMPLETED ONLINE.
Our intelligent credit report automatically scans every credit report to assess every strategy needed to improve credit scores. You’ll even see the specific number of points by which the score can be improved. Funding Suite’s super simple rescoring tools examine every element of the credit report to tell you for example if a tradeline is reporting incorrectly in a way that hurts the score. The software may also suggest adding a new tradeline, transferring a balance from once credit card to another or even if an authorized user account is harming the applicant. With each suggestion you can see the immediate impact on credit score.
CONVERT REJECTED APPLICATIONS INTO ADDITIONAL LOAN VOLUME
If your prospect’s middle score is too low, you can pursue two score raising strategies. First, use Funding Suite’s X-Ray results to amaze your appreciative client by informing him of the higher score he’ll receive when you fix the errors you’ve identified in his credit report. And then use Funding Suite’s Rescoring Plan Generator to add “hidden points” to the middle score. In seconds you’ll be confidently prequalifying what might otherwise have been a turn-down.