UWM, one of the largest purchase mortgage lenders in the United States, has enhanced its Safe Check program. This program is designed to provide credit reports to lenders and other qualified professionals without initiating unwanted trigger lead solicitations.
The primary objective of the Safe Check program is to provide a secure online credit analysis service while protecting customer data privacy. Using the program, lenders are able to access borrower credit reports from the three major credit bureaus – Experian, Equifax, and TransUnion – without borrowers incurring any fees or enduring a hard inquiry on their credit. This limits spam solicitations and allows for targeted marketing opportunities.
The enhanced features of the Safe Check program now include options to scrub credit reports among multiple loan programs, dynamic filters for ultimate user control of credit pulls, and real-time fraud protection. There is also a customizable dashboard which allows lenders to monitor credit activity and track their business growth.
Key Highlights:
• Program provides a secure online credit analysis service while protecting customer data privacy
• Access borrower credit reports from the three major credit bureaus without fees or a hard inquiry
• Enhanced features include scrubbing credit reports among multiple loan programs, dynamic filters and real-time fraud protection
• Customizable dashboard allows lenders to monitor credit activity and track business growth
You can read this full article at: https://www.housingwire.com/articles/uwm-expands-its-hard-credit-reports-program/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
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