Order Your Credit Report
ADVANTAGE CREDIT - $40.00
Please read below before ordering.
Once we have received your on-line pre-application information, the next step in the Pre-Application process is for us to obtain a credit report on your behalf from the credit reporting agency that we are contracted with. Since we are a Mortgage Broker and not a Mortgage Banker, we do not charge any fees for you to work with us…rather, we obtain financing through a network of wholesale mortgage lenders on your behalf based on the best terms for your borrowing scenario. In doing so, we will be compensated by the Lender and not YOU! This is referred to in the industry as a “Lender Paid” transaction as opposed to a “Borrower Paid” transaction.
However, that being said, it is a two way street in that we can’t charge you for anything, and we can’t “give” you anything either (as established by Mortgage Lending Rules)…which simply means that we can’t give a free credit report. Instead…you pay $40 just once for the credit report, and we can use that same credit report across our full network of wholesale mortgage providers, preventing your credit from being pulled by each Lender.
The name of the credit agency we use is ADVANTAGE CREDIT and the link below will allow you to securely place your credit report order and pay for the credit report, which will be $40 (the payment goes directly to ADVANTAGE CREDIT and does not come to us). Once payment is made, we will have access to your report which we can then share with you. No other person will have access to your credit report other than First Source Mortgage of Texas and the participating Underwriting Lender that reviews your application.
IF YOU ARE MARRIED OR ARE APPLYING FOR A MORTGAGE JOINTLY WITH ANOTHER PERSON, THE PRIMARY WAGE EARNER WOULD BE LISTED FIRST ON THE CREDIT REPORT ORDER AND THE JOINT APPLICANT ON THE CREDIT REPORT ORDER AS WOULD BE ENTERED AS “CO-APPLICANT”.
And of course…if you would like to speak to us first…before placing your order, feel free to call us.