November 06, 2008 // Franchising.com // Morris Plains, N.J. – Prospective homebuyers looking to improve their credit score can now turn to Weichert Financial Services for help. An affiliate of Weichert, Realtors®, Weichert Financial Services provides a specific course of action for borrowers looking to qualify for a loan with Credit Assure™, a service that can scan an applicant's credit files for opportunities to enhance their credit score.
Using Credit Assure, developed by CreditXpert Inc., Weichert Financial Services helps simplify the credit score process for prospective homebuyers by indicating ways they can enhance their credit rating –eliminating the guessing game.
"Credit Assure provides homebuyers with a clearer picture of their credit and how they can improve their credit score," said Stephen Adamo, president of Weichert Financial Services. "Buyers may be surprised to discover that only a few easy steps can increase their score and assist them in getting more attractive financing."
Available at every neighborhood Weichert office, a Gold Service Manager can review a prospective homebuyer's credit report using Credit Assure. The CreditXpert service will then calculate how financial decisions, such as paying bills on time for one month or paying off balances on a credit card, affect their credit score. The easy-to-read report even displays which strategies would have little to no effect, so prospective buyers can focus in on steps that get results.
"Credit Assure provides our customers with the financial game plan necessary to improve their credit score," added Adamo. "Our goal is to make the loan process as smooth as possible and let prospective buyers know that there are opportunities to qualify for and improve the cost of a loan."
"Credit Assure helps applicants quickly understand their credit, make informed decisions and qualify for the best possible loans. By offering this powerful tool, Weichert demonstrates its commitment to educating applicants and helping them succeed in today's credit economy," said David Chung, managing director of CreditXpert Inc.
Weichert Financial Services is one of the "Top 35" lenders in the U.S., according to the industry newsletter "Inside Mortgage Finance," based upon sales to Fannie Mae and Freddie Mac in the first half of 2008. In an August 2007 study assessing the credit standards of the nation's lenders, SMR Research Corp. ranked Weichert Financial Services among the least risky and most reliable. The quality of its products is in the top five percent, according to Radian, a leading mortgage insurance lender.
Weichert has nearly 18,000 sales associates in more than 500 company-owned and franchised sales offices in key markets throughout the U.S. A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance. For more information, Weichert's customer service center can be reached at 1-800-USA-SOLD or at Weichert's Web site, www.weichert.com. Each Weichert franchised office is independently owned and operated.