Special offer

Another program to help improve your clients credit scores

By
Mortgage and Lending with Waterstone Mortgage NMLS#186434 NMLS# 274129

There is a company called Market Kinetix, LLC that has announced that they will be offering Market Kinetix's Deal Maker Score credit analysis solution to its mortgage industry lender and broker clients.

This California-based Credit Service Company, a mortgage credit reporting service with nationwide offers this service to clients from California to Florida. 

Credit Service Company sets out to provide its mortgage industry lender and broker clients a simple method of helping borrowers raise their credit scores, thereby qualifying for more loans and lowering their interest rates

They say that it is easy for the loan officer or broker to use, the explanations provided for raising the borrower's credit score are uncomplicated and straight forward, so that any borrower can follow them.  
 
This company claims that Deal Maker is the only scientific credit analysis tool of its kind and the most accurate solution on the market today.  A web-based solution, It not a credit repair tool, but rather an analysis tool that empowers borrowers with a simple, proactive and clear cut method to legitimately raise their credit scores.  Once the mortgage professional runs a borrower's credit report, he or she simply clicks on the Deal Maker option from within the Credit Service Company's web portal to get information on the fastest method for achieving a target credit score. 

The borrower is given three tiers of actions: immediate, short term and long term," explains Ron Litt, president of Deal Maker.  "The Deal Maker recommended action plan is clearly presented to the borrower and the loan professional. There are no long forms to read and no data to interpret." 

With the state of the mortgage industry right now anything you can do to help your clients will be appreciated!

 

Jean Doyle
RE/MAX House Values - Mount Arlington, NJ
Morris and Sussex NJ Real Estate
Thanks for the info Shawn. What is the cost to the borrower?
Aug 09, 2007 01:56 AM
Shawn Gerhardson
Waterstone Mortgage NMLS#186434 - Cambridge, MN
Top Rated Mortgage Professional

Jean-It doesn't cost the Borrower anything. The cost is absorbed by the mortgage company for generating the loan.

Aug 09, 2007 01:59 AM
Rosario Lewis
DDR Realty - Newburgh, NY
GRI, SRES - DDR Realty - Orange County, NY
I'm always wary of new programs, especially when money is involved. I'd like to hear some feedback from satisfied customers.
Aug 09, 2007 02:13 AM
Shawn Gerhardson
Waterstone Mortgage NMLS#186434 - Cambridge, MN
Top Rated Mortgage Professional
Rosario- It's a good idea to be cautious however good loan officers have been doing this for years this is just another program that will help you close more deals. There is no cost to the borrower when these types of services are done. It is the cost of doing business just like the cost of advertising a listing.
Aug 09, 2007 02:26 AM
Cristy Smith
mmm - Austin, TX

Shawn~

Thanks for the great information! I will have to check it out.

Cristy

Aug 10, 2007 02:02 AM