If you have a long-standing relationship with your credit provider, you may assume that your costs are under control. However, even trusted partners can introduce subtle price adjustments and other inefficiencies that slowly inflate your credit spend over time. With today’s thin profit margins and rising credit reporting costs, you simply can’t afford to take a “set it and forget … Read More
Your clients have saved for their down payment and are ready to find the right mortgage. Then they hear a myth that makes them hesitate: “Applying for a mortgage will ruin my credit score.” This worry can stop even the most prepared borrowers from comparing rates—a decision that could cost them thousands over the life of a loan. In reality, … Read More
Mortgage lenders lost an average of $28 per loan in Q1 2025, marking the tenth unprofitable quarter in the past three years. This predicament underscores just how tight today’s margins are. As credit reporting costs climb, many lenders are feeling the pressure to do more with less. That’s where cost recovery comes into play. This process isn’t about cutting corners … Read More
Your credit score impacts many areas of your financial life, including your ability to qualify for low-interest loans, affordable insurance, and apartment leases. If you’re an aspiring homebuyer, this three-digit number can also make or break your mortgage eligibility. So, what’s considered a “good” credit score for a mortgage? And how do mortgage lenders interpret the different credit score ranges? … Read More
Ever find yourself stuck when a promising borrower’s credit score is just a few points too low to qualify? You’re definitely not alone, mortgage lenders run into this all the time. But here’s the good news: credit score optimization can help bridge that gap. By making smart, strategic changes to a borrower’s credit profile, you can turn a near-miss into … Read More
October 10th is World Mental Health Day. Established by the World Health Organization, the day is designed to raise awareness about mental health issues and encourage key stakeholders to reflect on how they can support individuals’ well-being. In the United States, mental health and financial well-being are closely intertwined. In fact, 73% of adults say that money is their most … Read More
