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Advantage Credit will use tools from CreditXpert here to help their customers close loans. CreditXpert tools are designed to help loan officers and mortgage brokers explain applicants' credit profiles to them and identify actions they can take to improve their credit standing.
Advantage Credit, based in Pensacola, Fla., is one of the nation's largest providers of credit reporting services. The company will offer CreditXpert to provide credit score disclosure and analysis capabilities, offering the product as an enhancement to their existing suite of credit reporting tools.
"CreditXpert helps loan officers convert applications into funded loans by improving the satisfaction of the loan applicant," said Lance Forchilli, vice president of business development. "By building customer trust and confidence, CreditXpert also allows loan officers to build stronger relationships with their borrowers, ...