Universal Credit Services Products

Credit Reports and so much more...

Universal Credit Services is your single source solution to close more loans faster for less. We help you meet the challenges of underwriting requirements, lender compliance, validation and documentation from client set-up to close. If there is a product or service that you require that is not on our full list of product offerings please do not hesitate to contact us- chances are we have it  or can add it.

  • Tri-Merge Credit Reports: No add-on fees or additional charges. All credit reports can be priced to include legislative fees, LOS Interface charges, OFAC, Subscriber Decoding, Credit Assure, Safe Scan Fraud Alert, and Risk Based Pricing Notice.
     
  • Supplements & Updates: A customer service team member will personally contact creditors to update incorrect or outdated trade line data on an applicant’s file.  Supplements & Updates can easily be ordered online.
     
  • Disclosure Letters: Notice to Home Loan Applicant & Risk Based Pricing Notice included on every report.
     
  • Credit Xpert Suite of Products: Find ways to improve your applicant’s score to close more loans with Credit Xpert including What-if and Essentials. Credit Assure on every file; automatically scans credit files for opportunities to raise credit scores based on accuracy or credit management updates.  
                           
  • Rapid Rescore: Every point counts- that is why a member of our customer services team will personally review your applicant’s file, highlight specific score altering items and suggest action for immediate and long term score improvement. (Documentation is required)
     
  • Flood Reports: We provide you life of loan flood reports through our partner LPS. LPS is a nationally recognized industry leading organization that serves many lenders across the country, presents up-to-date FEMA map changes, is connected to over 40 Loan Originations Systems (LOS)  and carry up to $15MM in E&O Insurance. 
     
  • 4506T – Tax Return Verification: Directly from the IRS via fax or through our website for instant submission. Turnaround times are quick, typically within 24-48 hours. Transcripts are available for forms 1040, 1120, W2s and 1099 with up to 5 years income history.
     
  • Data Validation Products: Universal Credit has partnered with Pitch Point to provide reports for Identity Risk (Borrower ID Verification, Bureau Red Flag Report, SSA Form 89 Verification),   Liability Risk (MERS SSN Lien Report), Employment Risk (Employer ID Report, Verbal VOE), Occupancy Risks (Address History Report) and, Watch List Risks (Excluded Party Report, Appraiser License Check, Continuous Vendor Monitoring, Portfolio Review)
     
  • AVMs: Automated Valuation Models provide you with the greatest nationwide coverage in the industry.  The following AVM reports are accessible via your LOS quickly and easily: HVE® , CMV Report, CMV Express.
     
  • Tenant Screening Services: Protect investment property with tenant screening reports- available online 24/7/365. For one low price get a screening package that includes: Criminal Background Checks, Eviction Reports, Sexual Offender Search,  SSN Verification, Previous Address and the Tenant Credit Scored Card with FICO score from TransUnion.