CreditXpert, the predictive credit optimization platform, helps mortgage lenders leverage credit to extend better, more compelling financing options to every applicant while improving profitability in their lending operations. With its enterprise-ready SaaS platform, CreditXpert helps lenders identify an applicant’s near-term credit score potential, generate detailed improvement plans and improve margins.
The company’s proprietary predictive algorithms provide highly accurate credit plans that are used daily by mortgage originators to attract more leads, make better offers and close more loans by offering more affordable financing options for mortgage borrowers. CreditXpert’s new platform helps lenders of any size immediately identify a borrower’s credit potential, generate detailed plans with the click of a button and track completion through a single dashboard.
With CreditXpert, 74% of mortgage applicants with initial credit scores below 780 could improve by at least 20 points within just 30 days, 71% of mortgage applicants could qualify for a score that would secure them a lower rate within just 30 days and 53% of mortgage applicants with an initial score of 580 or below could qualify for a mortgage within just 30 days.