Mark’s client needed to raise her credit score from 590 to 640 – just 50 points – to have a chance for an FHA loan. Most of her debt was due to credit card balances. Mark used CreditXpert® What-If Simulator™ to look for ways to pay down the debt that wouldn’t require a lot of funds.
As the mortgage market tightens, sourcing and retaining leads will become more challenging. Showing applicants that you are doing everything you can to position them for the best rates and terms could be the difference between winning and losing.
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