SharperLending Credit Division Offers Spanish Reports and Tighter CreditXpert Integration

SPOKANE, WA – SharperLending, LLC, provider of a secure Web-based platform that enables lenders to order, store and manage products and services from multiple vendors at a single point of entry, announces a new product offering from SharperLending Credit Division. Lenders can now receive credit reports in Spanish, as well as leverage additional CreditXpert functionality. “The mortgage industry is in constant motion, and with the rapid increase in the number of Hispanic homeowners, mortgage professionals that want to compete need to tap this market. We strive to strategically position lenders to be more competitive and close more loans,” said Dave Black, president and CEO of SharperLending. “With the enhancements, users will be able to cater to the emerging markets in our industry and expand borrower reach.”

According to The Title Report, more than 10 million Hispanics will become homeowners in the next decade. Mortgage professionals can target this market with SharperLending’s Spanish credit report, a tool used to expand lender business and loan offerings.

In addition to the Spanish credit report option, SharperLending has a tighter integration with CreditXpert’s What if Simulator product, which analyzes credit scores and identifies improvements that can be made to increase loan status. This enhancement will enable lenders to simulate credit history, removing the 30, 60 or 90-day late payments to understand what they have done to an applicant’s credit score. Once an applicant understands what these late payments have done to their credit score they can formulate plans to repair their credit and qualify for a better loan.

SharperLending Credit Division is a provider of technology for the delivery of credit information to the mortgage industry. The strengthened CreditXpert integration and Spanish report option gives lenders a solution to offer borrowers a loan specific to their individual needs and target untapped customers.

About SharperLending, LLC
Headquartered in Spokane, Wash., SharperLending, LLC, was founded in 1989 and was the first to offer a complete browser-based mortgage credit reporting system on the Internet. The company’s proven technology has processed more than 40 million secure credit-related mortgage transactions with more than 800 million trade lines. SharperLending, LLC, has three divisions under its corporate umbrella: SharperLending Bundled Services Division, the bundled services platform; SharperLending Affiliated Credit Division, technology for the credit reporting industry; and EPN Solutions, the loan origination product packaging division. For more information, visit www.sharperlending.com.