• Smart Select
• Tradeline Updates
• Credit Score Disclosure Mailing
• Liens and Judgements
• Credit Refresh LQI
• LQI – Comparison Report
• Credit Xpert® Suite
• Level 1 Red Flag
For over 30 years, American Reporting Company has been providing a full range of credit reports to fulfill every need a client may have in providing both a lending decision or assessing their loan portfolio. Our credit reports are HUD and GSE (FannieMae, FreddieMac) approved and can be easily be ordered directly through our website or integrated within your LOS (loan origination platform). The most common and comprehensive credit report we offer today is the tri-merge credit report which includes data from all three credit bureau repositories; Experian, Equifax, and TransUnion. Of course one can order 1, 2, or all 3 bureaus depending on your choice and lending need.
To provide the most efficient solution to your lending process, American Reporting Company provides customized credit report layouts, and helpful add-on products to your credit reports. Customized layouts allow your lending staff to view credit reports the way they want to, which translates to greater efficiency in the mortgage lending process.
For non-English speaking borrowers, American Reporting Company can provide tri-merge credit reports (consumer copies) in a variety of different languages including Spanish and Mandarin.
Although some credit providers like to charge for items that are required on credit reports, American Reporting Company looks at credit reports differently, and ensures the following items are always complimentary:
MERS – (Mortgage Electronic Registration System)
Provides loan level information for loans that have been registered with MERS based on borrower name, SSN, and/or property address. Must be a current MERS subscriber.
Credit Score Disclosures
A notice to the applicant that their credit history was pulled from Experian, Equifax and TransUnion. This enables you to comply with the Fair and Accurate Credit Transactions Act(FACTA).
Consumer Letter of Explanation
A pre-filled letter listing any inquiry or derogatory information on the individual borrower’s credit report which the lender would like feedback from the borrower
Notice to Home Loan Applicant
A letter indicating each of the factors affecting the consumer's credit score as well as contact information for the three major credit bureaus (Experian, Equifax, TransUnion.)
FACTA Regulatory Compliance
Trended Credit Data
A detailed record of a consumer’s credit history. It includes the historical payment amount for each month going back 30 months
OFAC Alert (Office of Foreign Assets Control)
A name matching service identifying if the borrower is listed as a person of interest or threat to national security.
An easy to read version of a credit report which you can forward to your borrower.
Adverse Summary Document
A document which provides a listing of all derogatory tradelines (accounts) including public records.