Why Choose Mortgage Broker Credit Report?
Pinpoint critical client details quickly with enhanced insights to streamline your workflow and sharpen your competitive edge. With the Mortgage Broker Credit Report from Equifax Canada you’ll be able to submit more substantiated mortgage application packages to help lenders approve faster, helping you close more deals with confidence.
What Sets Us Apart
The Mortgage Broker Credit Report delivers machine learning-driven risk scores, alongside trusted foundational tools like FICO® Score 8 based on Equifax Data, the consumer credit file, AML Assist™ Single Source, and SafeScan®. The report also features next-generation predictive fraud tools, recently upgraded using advanced machine learning. Other key components of the report are:
Bankruptcy Navigator Index® 4.0
This score evaluates the long-term trajectory of a consumer’s behaviour over time, rather than a single point-in-time snapshot. By factoring in additional trended data from mortgage, telecom and utilities, it helps provide a clearer view of financial stability.
SafeScan® Broker Fraud Indicator
A complement to your existing SafeScan® capability, a simple visual indicator flags fraud risks right at the beginning of your review, giving you an early opportunity to clarify potential data or identity discrepancies with your client before sending the file to a lender.
Verified Income & Employment File ID
A dedicated indicator that alerts you if Equifax holds a verified income and employment record for your applicant. This helps you streamline the verification processes with the lenders, potentially helping to signal that the file is ready for accelerated underwriting.
Help Streamline Workflows and Secure Faster Approvals
The Mortgage Broker Credit Report provides intuitive summary data and fraud indicators, helping you to quickly identify critical client details and submit lender-ready packages with confidence.
FICO® is a trademark or registered trademark of Fair Isaac Corporation in the United States and in other countries.
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