CREDIT PLUS, INC. ANNOUNCES ACCESS TO FHA TOTAL SCORECARD One of the first credit reporting agencies to offer access; saving lenders money
Salisbury, Md., March 30, 2010 – Credit Plus, Inc., a leader in the credit information industry since 1928, announced today that its customers can obtain access to the Federal Housing Administration (FHA) TOTAL (Technology Open to Approved Lenders) Scorecard through its innovative technology.
HUD developed the FHA TOTAL Scorecard to evaluate the credit risk of FHA loan applications that are submitted through an automated underwriting system. A mortgage professional simply uploads the 1003 loan data into the FHA TOTAL Scorecard and the application is approved or denied. A real-time response is provided through the automated technology.
Please contact Credit Plus for more information about its access to FHA Total Scorecard: call 800-258-3488 or email beyondbundled@creditplus.com
Credit Plus and Ariston go BEYOND BUNDLEDTM by combining key settlement services, such as credit reports, flood reports, title insurance, AVMs, Warranted AVMs, TRVs and more, with stellar customer service.