
The Basics of Credit Report Analysis ~ E3
Course Description
Credit reports are one of the most essential tools used by a lender in the loan manufacturing process, as they provide valuable insight into a borrower's financial history. How a borrower utilizes credit and how they repay their financial obligations help to create a risk profile to assist the lender in making an informed decision when determining whether to extend credit. This course is designed to provide students a basic foundation around what a credit report is and how it is utilized by lenders.
30 Minutes
Series: Mortgage 101
Roles: Mortgage Professionals, Mortgage Closer, Mortgage Loan Originator, Mortgage Processor, Mortgage Servicer, Mortgage Underwriter
Course Format: E3
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