According to an article in Forbes, one of the top reasons a loan application is rejected is due to poor credit or lack of a credit history. In fact, credit histories account for 26% of rejections. While some applicants have credit issues that they may need to work on for a lengthy period of time, many are close to qualifying or could qualify for a more desirable mortgage loan with just a little more focus and attention.
Credit Plus offers its mortgage customers an exclusive benefit – Lending Hand. Through Lending Hand, Credit Plus experts work exclusively with your loan officers to help borrowers address their credit issues. Our highly educated Lending Hand experts provide:
- In-depth analysis of your applicant’s credit file
- Evaluation of how various financial decisions may impact the score and timeline
- Time saving, personalized action plans
Your loan officers then communicate these findings to your applicants.
Move beyond automated scoring tools
Our Lending Hand experts provide customized solutions. They help knowing there are no quick fixes. Instead, they focus on helping you turn your borrowers into responsible stewards of credit. Learn how you can make the most of every loan. Sign up for our free online class on Lending Hand here or click here to learn more.