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Non-traditional Credit Report
Verified Reports
for GSE Loan Programs
My
borrower doesn’t have a FICO score. Now what?
Fortunately, both GSE’s recognize this possibility and offer
loans through Fannie Mae®’s MyCommunityMortgage® and Freddie
Mac®’s Home Possible® Mortgage that alternatively use a...
...Non-Traditional Credit Report.
Studies show that over 30% of non-scoring consumers actually
have excellent credit
— equivalent to a 680 FICO or better – just not the type of
credit data needed by FICO
to generate a score.
Enter Informative Research.
Informative Research creates Non-Traditional Credit Reports
using alternative, manually verified trade data that meet or
exceed the guidelines of Fannie Mae and Freddie Mac.
| We confirm all
past payments and credit agreements with
established accounts like utility companies or
local store creditors. We use these to create a
credit report with ratings sufficient to meet
the standards of the GSE programs. |
The highest priority
qualified accounts are housing or utility related including
(at least two of these are required):
● Rent expenses – 12 months minimum (required)
● Utility payments: Phone, Electric, Cable TV, Gas, etc.
Additional non-traditional tradelines may include:
● Insurance
payments
● Recurring payments for child care
● Local trade accounts with businesses
● Tuition payments
Take advantage of Informative
Research’s experience and expertise in manual verification
of borrower data. We are available to discuss your
non-traditional credit needs in detail. To find out how
Informative Research can meet your needs for non-scoring
borrowers, please
contact our Sales team.
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