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May
1, 2004
FHA
Total Mortgage Scorecard
Now Available through Certified Credit.
Use your Freddie Mac TPO# or contact your sales representative to
sign up today.
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New Client
Sign Up
Experience the quality service provided by Certified Credit Link, Inc.
products, reports, and professional customer service.
Sign Up Today |
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How Do Lenders Benefit from the Mortgage Loan Report
( MLR )?
Many lenders are taking advantage
of the speed and cost savings available today with our Mortgage
Loan Report product for Refinances and Equity lines of credit. You
too can benefit! Review the information here and on the MLR - Actual
Cost Savings supplement document to see how you can increase your
competitive edge while saving considerable time and money on closing
costs.
MORTGAGE LOAN REPORT - Brief Description
The Mortgage Loan Report (MLR) is a credit-based
report used for home equity, Seconds, and Refinance mortgage loans.
This unique Mortgage Loan Report product gives the lender a view
of the borrower's secured mortgage liens as well as any reported
judgments and public information. The remainder of the report includes
a Borrower lien affidavit form that is to be completed by the borrower
either prior to or at closing. The completed MLR returns to the
lender in 30 seconds, giving the ability to quickly make an underwriting
decision on the loan.
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MORTGAGE LOAN REPORT - Product Features
- Reports in 30 seconds for quick underwriting
decisions
- Gap covered between report and date of
recordation
- protection from fraud
- Life of loan and transferable
- Claim settlement within 30 days
- Includes filed tax liens and much more....
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