PRBC Reports with FICO® Expansion® Score
Qualify
More Applicants, Close More Loans
A PRBC Report with FICO® Expansion®
Score is a credit report from the nation's leading alternative
credit bureau that contains active "non-traditional"
monthly trade line data for rent, mortgage, utility, phone,
insurance, and other recurring bill payments. A PRBC Report
may be merged to contain in-file credit report information
from Experian, Equifax, and/or TransUnion.
- Qualify More Applicants: PRBC Reports meet or exceed FHA
and the GSE's standards for establishing and evaluating
non-traditional credit histories.
- Mitigate Risk: PRBC has established the most up-to-date
practices for validating identities, non-traditional credit
trade lines, and PRBC Reports are delivered with a FICO
Risk Score.Save Time and Money: PRBC Reports save originators
and underwriters time and effort.
- PRBC's simple online form replaces the hassle of collecting
cancelled checks, and making numerous phone calls and faxes.
Lenders reduce processing costs by using independently verified
data, provided in standard bureau format, in each PRBC Report.
- Automation of Alternative Credit: PRBC Reports are delivered
in a secure MISMO format through a host of industry leading
credit providers, and can facilitate the ability for use
in automated underwriting
PRBC Reports may be used as a Non-Traditional
Mortgage Credit Report (NTMCR), as defined by the GSE's and
preferred by the FHA, as found in: FHA's 04/08 Nontraditional
Credit Verification and Evaluation Mortgage Letter 08-11.
 View
Sample PRBC Report
Download
PRBC Brochure
Download
Steps to Get started
Contact
a Lender that Accepts PRBC Reports
Ready to build a PRBC Credit File?
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