Advanced Loan Processor Credit Analysis & Rapid Rescoring

Instant mortgage credit score boost in days-not months! Simmulate credit on Equifax, Trans Union, Experian like a pro

What you'll learn

Develop the ability to read credit reports accurately, identify errors, as a loan processor & loan officer & spot areas of potential improvement for borrowers.

Gain insight into red flags on credit reports and learn how to explain report details to clients effectively.

Master the use of credit simulators to test potential scenarios, like paying down debt or removing errors, and understand how these actions affect credit scores

Provide clients with specific steps based on simulator results to achieve rapid score improvements.

Learn the rapid rescoring process and how to quickly update borrowers’ credit reports with accurate information to reflect recent changes.

Understand when and how to use rapid rescoring to improve a client’s credit score in a matter of days.

Know which actions have the highest impact for different borrower profiles and situations.

Become familiar with credit vendor services, including how to order credit reports, rapid rescoring, and other tools for professional credit management.

Requirements

English

Basic credit knowledge

Description

Having trouble getting loans closed because borrowers credit scores are too low?Want to get more loans approved by improving their credit?Looking to increase your income by closing more loans?I have the solution! Mortgage credit simmulators and Rapid Rescoring. This course shows you in detail how to use these valuable tools to bump up credit scores to their maximum potential legally.Advanced Loan Processor Credit Analysis & Rapid Rescoring will unlock the secrets to helping borrowers improve their credit scores, secure better loan terms, and close more deals! Whether you're a loan processor, loan originator, mortgage broker, or someone looking to understand the mortgage credit process, this course is designed to equip you with essential tools and knowledge. You’ll learn how to use credit simulators, rapid rescoring, and strategic credit improvement techniques to maximize borrower eligibility, increase loan approvals, and boost your own profitability. (THIS CONTENT DOES NOT EXIST ANYWHERE ELSE)THIS COURSE INCLUDES:THE TOP 10 MORTGAGE CREDIT VENDORS TO WORK WITHHOW TO GET APPROVED WITH A CREDIT VENDOR!CONTACT LIST OF MORTGAGE CREDIT VENDORSMORTGAGE CREDIT VENDOR FUNDAMENTALSWHAT THIS COURSE CAN DO FOR YOUR FUTUREGet more loans approvedIncrease closing ratiosBecome an asset to your companyGet hired by more banks and lendersIncrease your income potentialIN THIS COURSE, YOU WILL LEARN:- Mortgage Credit Report Fundamentals: Learn how to update mortgage credit reports and find credit score increase opportunities and how to use this knowledge to assess borrower creditworthiness accurately.- Credit Simulators for Loan Approval: Discover how to use credit simulators to test different scenarios, helping borrowers achieve score improvements that get them mortgage-ready faster.- Rapid Rescoring Explained: Master the rapid rescoring process, allowing you to quickly update credit reports and improve borrower scores in days, not weeks.- Strategic Credit Improvement: Get practical strategies to guide borrowers on actions that positively impact their credit, leading to higher loan closing rates and better interest rates.- Increase Borrower Eligibility: Learn targeted techniques to help more borrowers qualify, opening up more opportunities for loan closings and increased income.Who Will Benefit from This Course?Loan processors, loan originators, mortgage brokers, real estate agents, and financial advisors looking to enhance their understanding of the credit improvement process and help clients qualify for mortgage loans.With "lifetime access" and "30-day money-back guarantee", there’s no risk to enroll and start your journey toward increased loan approvals and client satisfaction. Join now and see the difference this knowledge can make in your mortgage career! Take action now to secure more loan closings, increase borrower satisfaction, and boost your profits! Enroll today!

Overview

Section 1: Introduction to Advanced Loan Processor Credit Analysis & Rapid Rescoring

Lecture 1 Why are credit score simmulators so important as a mortgage professional?

Lecture 2 What is a credit simmulator?

Lecture 3 How will this course will help you as a mortgage professional

Lecture 4 Who will this course benefit?

Lecture 5 What is rapid rescoring?

Lecture 6 Why should rapid rescoring be important to you?

Lecture 7 Understanding what a credit vendor is

Lecture 8 Top 10 mortgage credit vendors with contact information

Section 2: Understand mortgage credit & how it can affect a significant effect on approvals

Lecture 9 My 5 favorite strategies to boost credit scores when using a credit simmulator

Lecture 10 Reviewing and understanding a borrowers initial credit report information

Lecture 11 Going over derogatory credit accounts

Lecture 12 Other credit history, public records, and trade summary items that are important

Lecture 13 Borrowers source of information

Lecture 14 Where to find the contact information for Equifax, Transunion, and Experian

Section 3: Learn how to use an incredible tool called a mortgage credit simmulator

Lecture 15 Getting started using a credit simmulator

Lecture 16 Using MAP to review potential credit score increases

Lecture 17 Using MAP to see the potential increase on credit inaccuracies on TransUnion

Lecture 18 Using MAP for Equifax and Experian to compare potential credit score increases

Lecture 19 Running a manual credit simmulator to get a minimum 550 credit score

Section 4: Rapid Rescoring techniques and how it works

Lecture 20 5 steps to ordering a rapid rescore with a credit vendor

Lecture 21 How to update the credit report once a rapid rescore service has been completed

Lecture 22 Adding general comments on a rapid rescore service

Lecture 23 Using a rapid rescore service to update and improve the borrowers credit faster

Loan Processors – who are responsible for reviewing loan applications and need a strong understanding of credit reports and strategies to increase borrower eligibility.,Loan Originators (Loan Officers) – who work directly with clients to secure loans and can benefit from tools and techniques to improve clients' credit scores and qualify more borrowers.,Mortgage Brokers – who help clients find suitable mortgage products and benefit from in-depth knowledge of credit improvement to better serve clients and enhance approval rates.,Real Estate Agents – who often assist clients in navigating the mortgage process and can provide added value by advising on credit readiness.,Financial Advisors and Credit Counselors – who guide clients on financial health and benefit from insights into mortgage credit, helping clients qualify for loans.,New Mortgage Professionals – who are entering the industry and seeking a foundational understanding of credit scoring and improvement strategies to establish their careers.,Homebuyers/Borrowers – who want to educate themselves on the mortgage credit process to improve their own scores and qualify for better mortgage terms.