Trended Credit Is Here

The new trended data, a credit report with an expanded, granular view of the consumer’s monthly spending and payment history helps to make better informed decisions. It shows up to a 30 month review where 24 months are being reviewed during the loan process with 9 new data field on each account. These data fields include elements such as:

• Scheduled payment
• Actual payment
• Balance
• Credit Limit

 

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.