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About Alternative Credit |
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Typically, lenders assume there is additional risk when evaluating an applicant with little or no reported credit history. JPS streamlines — and largely automates — the previously slow, manual process of underwriting borrowers using rent, utilities and other alternative tradelines. It brings speed and efficiency to the time-tested but laborious manual process of analyzing and validating such tradelines to determine creditworthiness. |
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Just Price Loan Products feature automated underwriting and First American CREDCO’s Anthem Suite™ of services for the nation's most advanced automated underwriting for alternative credit borrowers. This makes it easy for mortgage originators to serve nontraditional borrowers rapidly and efficiently, vastly increasing opportunities for borrowers, lenders, homebuilders, and real estate professionals. |
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Alternative tradelines include: |
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| Housing: |
Utilities: |
Insurance: |
Misc.: |
| Housing |
Electric
Gas
Sewer/Water
Cable TV |
Auto
Life
Medical |
Child Care
Storage Rental
Union Dues
Tithing
Cellular Phone
Tuition
Consumer Loan |
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