FHA TOTAL Scorecard
Evaluate FHA Loan Applicants in Real Time
Credit Plus offers mortgage lenders direct access to the FHA TOTAL Scorecard. FHA TOTAL Scorecard allows you to obtain a real-time evaluation of your applicant’s creditworthiness and immediate acceptance or denial by FHA.
HUD developed the FHA TOTAL Scorecard to evaluate FHA loan applicants and predict a borrower’s probability of default. Applications submitted through the FHA TOTAL Scorecard are assessed using a standardized score process that ensures fair and impartial results.
A mortgage professional simply uploads the 1003 loan data into the FHA TOTAL Scorecard and the application is approved or denied. A real-time response is provided through the automated technology.
Click here to request a product demo or pricing information on direct access to the FHA TOTAL Scorecard from your Regional Account Executive.
Click on image to download flier: