A soft-pull credit report, generally requested immediately before closing, to identify changes since the initial credit-pull
Addresses loan quality requirements
Reduces buy-back risk
Ensures terms on which borrower qualified are validated at closing
Prevent buy-back risk by ensuring your applicant’s credit-standing has remained unchanged during the underwriting period. CIS provides easy-to-access and easy-to-read comparison reports that identify any changes between the original credit report pull and refresh report. Refresh reports can be accessed with or without a credit score.
Tips: CIS comparison report highlights tradeline changes & new creditors since original credit pull!