News and Insights from CreditXpert

We regularly share tips for using CreditXpert products, Super User Spotlights and more. You can also subscribe to our newsletter, Xtra Credit to get news and tips delivered right to your email every month.

Xpert Credit Process Webinar

Our webinar with National Mortgage News

By CreditXpert | January 11, 2020

Watch our on-demand webinar with National Mortgage News! Last month we hosted a webinar with National Mortgage News to show how lenders can close more loans and improve profitability with an expert credit process. Joining us were two special guests, Ben Chenault and Todd Worthington, who shared their firsthand experiences as mortgage industry experts who have set up…

Super User Spotlight: Rod Flowers, PrimeLending in Maryland

By CreditXpert | January 5, 2020

Rod’s client was eager to secure a loan for a vacation home. When Rod pulled the credit report, he noticed that the score was 698 – 18 points less than what his client saw on a free credit score site. When the client learned that this meant his rate would be a quarter of a…

Product Tip: See effects of being an authorized user with CreditXpert® What-If Simulator

By CreditXpert | January 5, 2020

You can simulate how a borrower’s credit score would change if they are added as an authorized user to a credit card using CreditXpert What-If Simulator. This helps you make a more informed decision on the best course of action Want to give it a try? Just click “Add a new account” on the righthand…

Product Tip: Simulate new credit card accounts with CreditXpert® What-If Simulator

By CreditXpert | January 3, 2020

Did you know opening a new credit card could help a credit score – even if your borrower doesn’t have a “thin” file? An additional account could move your client to a different scorecard, changing how all of the information in their credit report is scored. It may also improve their mix of accounts and…

Cheers to 20 years: What’s new at CreditXpert® Inc.

By CreditXpert | January 2, 2020

When CreditXpert Inc. was founded in 2000, the year 2020 seemed far off on the horizon. It’s hard to believe this coming August will mark 20 years of supporting the American dream! As we enter a new decade, exciting things keep happening at CreditXpert. We can’t wait to share the latest with you. For one,…

Super User Spotlight: Scott Jongsma, ChoiceOne Bank in Michigan

By CreditXpert | December 7, 2019

Scott met with a couple hoping to buy their first house together. With a mid-score of 717, they had all they needed to secure a loan. But Scott almost lost the deal when a competitor offered a similar rate but with slightly lower closing costs. Using CreditXpert® software, Scott built a credit improvement plan that required…

Wayfinder demo from CreditXpert

CreditXpert® Wayfinder™ – Xpert demo from Rosa

By CreditXpert | November 27, 2019

Rosa Mumm, CreditXpert’s Product Support Manager, demonstrates how CreditXpert Wayfinder automatically finds the best combination of actions borrowers can take to improve their credit scores. The result: Mortgage loan originators can develop a solid plan – without being an expert. Find out how.

Success Story: Sheri

By CreditXpert | October 30, 2019

CreditXpert® What-If Simulator™ shows the impact of removing derogatory information from a credit report, leading the way to a new home purchase. THE CHALLENGE Sheri Kagimoto, a mortgage loan originator at Aligned Mortgage Hawaii of Waipio, Oahu, was working with a client who was eager to purchase a property. But the client had two factors…

Success Story: Rod

By CreditXpert | October 15, 2019

SUCCESS STORY: The path to a new vacation home becomes clear with CreditXpert® What-If Simulator™. THE SOLUTION Rod convinced the client to reconsider, explaining that he believed he could find a way to help the client improve his credit score. He recommended that the client proceed with the application while Rod developed a plan of…

Sean Bunevich, Union Savings Bank

Success Story: Sean

By CreditXpert | October 15, 2019

SUCCESS STORY: A mortgage loan originator uses CreditXpert® What-if Simulator™ to unlock a 100-point score increase. THE CHALLENGE Sean Bunevich, a mortgage loan originator with Union Savings Bank in Ohio, was working with a customer who wanted to refinance her FHA loan to avoid paying mortgage insurance (PMI). She was confident her score was high…