- Posted by kelly
- On May 1, 2017
- 0 Comments
Mortgage Preflight® is a revolutionary, automated way to generate referrals, enhance compliance efforts and slash out-of-pocket credit reporting costs. Various State and Federal laws and repository rules require that you demonstrate permissible purpose in addition to obtaining authorization prior to accessing a consumer’s credit file. In addition, new FRB Reg-Z rules (12 CFR 226) place […]
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- Posted by kelly
- On May 1, 2017
- 0 Comments
The key to success with Preflight® is to promote your Preflight® Logo and link everywhere possible. Upon registration, you will receive detailed step-by-step guidance on deploying Mortgage Preflight® and maximizing referrals. The key is making it easy for potential clients and referral partners to find you. This starts with adding Preflight® to your web and/or […]
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- Posted by kelly
- On May 1, 2017
- 0 Comments
No, the Preflight® code provided in your welcome aboard email is NOT be used as-is. Mortgage Preflight® is designed to be added to your website and/or social media pages via an iFrame. This promotes your web presence and includes the licensing and required disclosure content contained therein. Attempts to use the generic, raw Preflight® code […]
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- Posted by kelly
- On May 1, 2017
- 0 Comments
Mortgage Preflight® is available at no cost to all eligible Credit Technologies® accounts in good standing. Enrollment of affiliates (Realtors, builders, referral partners…) is also provided at no cost. Contact your Business Analyst for more information on eligibility requirements or call 800.445.4922, option 1. All requests and leads generated by Preflight® include a nominal authentication […]
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- Posted by kelly
- On May 1, 2017
- 0 Comments
Yes, in fact all-inclusive pricing maximizes your costs savings by allowing your applicant to pre-pay many of the credit report related costs. All inclusive pricing can also satisfy new ECOA concerns. Some restrictions apply. For more information, please contact your Business Analyst or call 800.445.4922, Option 1 for assistance.
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- Posted by kelly
- On May 1, 2017
- 0 Comments
Complete the PreFlight Activation form All requests are subject to approval by an account administrator. Please allow 3-5 business days for configuration and activation of your account.
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- Posted by kelly
- On May 1, 2017
- 0 Comments
No. Mortgage Preflight® is a patent-pending service available exclusively through Credit Technologies®, Inc. Mortgage Preflight® is available only to mortgage professionals utilizing Credit Technologies® and meeting certain eligibility requirements.
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- Posted by kelly
- On May 1, 2017
- 0 Comments
Like all services offered by Credit Technologies®, Mortgage Preflight® was designed with compliance in mind. By providing a secure method for the applicant to preauthorize and pay for all credit report related costs, Mortgage Preflight® helps you comply with FCRA, GLB and Reg-Z (third-party fee restrictions) requirements. Our authentication process using the Precise ID platform […]
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- Posted by kelly
- On May 1, 2017
- 0 Comments
Credit Technologies® has an automated solution to guarantee any required declination letters are issued. The Automated Adverse Action Notice service (A3N) allows you to establish minimum mid-FICO score requirements. Whenever applicants fail to meet your pre-determined minimums, Credit Technologies’® automatically prepares and issues the required disclosures via first class mail. In addition, the Mortgage Preflight® […]
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- Posted by kelly
- On May 1, 2017
- 0 Comments
Yes. The Vision process will continue to run, delivering cost savings on all reports processed through your Loan Origination Software.
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