Underwriting: Credit

Use the following resources to better understand Loan Prospector functions and results - learn how to review and document conventional/conforming loan applications receiving an Accept or Caution risk class.

Easy to Print References
Documenting Lawful Residency Status for Non-U.S. Citizens
Loan Prospector® - How to Order Automated Underwriting and Merged Credit With or Without Reference Numbers [PDF 498K]
Loan Prospector - How to Order Automated Underwriting and Reorder Credit [PDF 937K]
Loan Prospector - How to Order Automated Underwriting with Reference Numbers [PDF 498K]
Loan Prospector - How to Order Merged Credit With or Without Reference Numbers [PDF 498K]
Loan Prospector Documentation Matrix [PDF 121K]
Loan Prospector Feedback Messages (Cause & Resolution) [PDF 118K]
Loan Prospector Feedback Messages [PDF 290K]
Loan Prospector Functionality Guide [PDF 937K]
Ordering Merged Credit (LoanProspector.com System-to-System Access Method) [PDF 339K]
Selection and Use of Credit Scores [PDF 40K]
Underwriting Training and Education Resources [PDF 73K]
Using Loan Prospector Merged Credit Options (Loan Prospector Browser Access Method) [PDF 498K]

Online Self-study
Borrowers with Limited or No Credit - 30 min
Factors Used in Loan Prospector
How to Read a Credit Report

Training Events Workshop     Web Event
Loan Prospector Documentation Requirements - 2 hr
Overview of Recent Announcements and Guide Changes - 90 min     New
Underwriting with Loan Prospector - 1 day