Alternative Credit

Do you have customers with limited credit reporting to the bureaus?

Reflect a borrower’s willingness and ability to meet credit obligations by utilizing alternative credit (housing, utilities, car insurance, rent, etc.), which allows lenders to draw a logical conclusion about a borrower’s commitment to making payments on a new mortgage.

  • Adds alternative credit history for borrowers that have minimal or no credit
  • Improving your customer’s opportunity to own a home by providing additional credit history
  • Third party verification
  • Close more loans with additional credit history
  • Satisfies underwriting guidelines by providing additional credit history
  • Verifies information that may not report to the 3 major credit bureaus