Credit reporting costs associated with
non-viable applicants represent a significant out-of-pocket expense to most mortgage professionals. Vision™ by Credit Technologies gives you control over those fees by instantly identifying non-qualified applicants and slashing costs, often reducing out of pocket credit reporting costs by 30% or more. Vision™ also increases productivity by allowing originators to focus on applicants most likely to close.
The Vision™ process is transparent – Simply order credit reports per your normal
procedures. Vision™ automatically monitors all credit requests, instantly comparing the
consumer’s credit profile to your customizable minimum requirements. When applicants meet and/or exceed your requirements, a tri-merge report is provided. When an applicant fails to meet any of your minimum requirements, a Vision™ report and FICO score is delivered.
Why Credit Technologies
Automated Early Loan Fallout Detection
The Work Number provides instant access to needed employment records, speeding the path to closing while improving overall loan quality.
Vision allows you to customize the bureau selection, logic and testing, providing more control over the analysis process. The use of multi-bureau decisioning lessens costs and provides more accurate viable borrower detection by applying meet/exceed testing on up to two bureaus prior to delivering a full tri-merge credit report.
Get Connected
The best technology Is useless if you
can't depend on the people behind the scenes
The best technology is useless if you can't depend on the people behind the scenes
We’ll walk you through the process and determine the options that deliver maximum cost savings and lead generation opportunities.
Questions?
Give us a call at (800) 445-4922 or fill out a form below.