| Credit Repair Engine – Credit NOW |
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Loan NOW includes pre-installed loan conversion tools and resources which help to close deals. Credit NOW is a credit repair engine used to help increase borrowers’ credit scores (20 to 80 points on average). The Credit NOW repair engine evaluates the items affecting middle FICO scores, and runs software to determine the quickest way to move the score to the desired target for a particular loan file. The system then provides a printed report in minutes that shows the least cost solution to achieve the score. The Credit NOW program includes a free preview, and costs only $30 for the full report after the preview. Credit NOW can be the difference between whether or not the deal gets done. See the Scenario Builder Page for more details. ![]()
What makes Credit NOW special is that Loan NOW users have the ability to view a free preview for the loan file prior to ordering the report. The impact can be accessed and the report ordered after seeing what affect the improvement has on the borrowers’ product choices and rates. The borrower could save thousands and it could make the difference between not writing the loan and meeting the lender's requirements.
Credit NOW Features: Analyzes three credit bureaus and the same time Knows the point impact of every trade line by bureau The Mortgage Action Plan - Breaks out the point improvements into 3 tierso Immediate – results in less than 30 days o Short-term – results in 30-60 days o Long-term – results in 60 + days Credit NOW Benefits: Close more loans Increased customer satisfaction Save costs on credit re-issues Maximize credit scores to maximize income Easily meet your lender’s requirements Get more referrals
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