When do I need an RMCR?
Certified Credit Reporting offers its mortgage lending customers a Residential Mortgage Credit Report when numerous trade line verifications and updates are necessary.
When bundling our on-line Credit reporting system with hands-on research we are able to develop the most complete and comprehensive credit reports for the mortgage banking industry. |
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Report Features Include:
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All trade line information is updated within 60 days of repository access.
Employment verification for past two years (VOE).
Residency verification for past two years (VOR).
Verification of liabilities disclosed on loan application.
Verification and Update of collection accounts.
Credit scores may be removed at lender discretion.
Disputed information re-verified.
Credit given for the cost of Express Merge if RMCR ordered within 30 days of original order.
Reports are completed in approximately 24-48 hours.
Meets or exceeds Freddie Mac, Fannie Mae, FHA, and VA guidelines.
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