We are now proudly adding CreditXpert® Wayfinder™ to our wide-ranging collection of products. With an improved algorithm and upgraded user interface, Wayfinder automatically identifies a step-by-step plan of actions a borrower can take to potentially increase his/her credit score.
“We’re thrilled to be able to offer Wayfinder to our clients and add it to our solutions suite, replacing CreditXpert Essentials™ and joining Credit Assure™ and CreditXpert® What-If Simulator,” remarked Renae Sherman, VP of Business Development of Informative Research. “Our partnership with CreditXpert has been a fruitful one and we’re happy that lenders can continue to benefit from it.”
With Wayfinder, lenders can close more loans by helping borrowers manage their credit and qualify for better mortgage terms. Wayfinder also helps lenders lower rapid rescoring fees by finding plans that require fewer account actions.
“In today’s market, lenders are facing diminishing loan volume and low pull-through rates,” says Dave Chung, co-founder and managing director of CreditXpert Inc. “With CreditXpert Wayfinder, LOs don’t need to be experts to educate borrowers with high confidence on how to improve their credit scores to the level required for a loan program or pricing. CreditXpert Wayfinder does the heavy lifting to consistently help credit-challenged borrowers achieve the American dream of home ownership.”