Announcement: Freddie Mac and FormFree now offer positive rent payment history analysis Learn more

Rent-Payment History Expands the Borrower Universe (Scotsman Guide)

One surefire way to increase home-purchase originations is to expand the universe of clients you serve. While dipping your toes into nonqualified mortgages and niche lending markets is appealing to many, getting a new lending program off the ground requires a good deal of operational lift. Luckily, there’s a way to extend homeownership opportunities to more borrowers in short order with minimal operational disruption.

Read the full article by Brent Chandler in Scotsman Guide.

 

Related Articles

HW+ Member Spotlight: Eric Lapin

Read More

Deeper asset history unlocks new lending opportunities (HousingWire)

Read More

To advance mortgage lending, trust must take backseat to truth…

Read More