Module CRA01
Credit Report Analysis
Read a credit report properly, and catch the history problems that sink an application before it reaches the lender.
A borrower's credit report decides more deals than most support staff realise. This session walks through every part of the report, how to read a credit history, and how credit scoring affects what a lender will do. You will learn to cross-reference what the client told you against what the report actually says, so surprises surface at your desk, not the lender's.
What you will be able to do
- ✓ Read a credit report and explain what each section means
- ✓ Spot the credit-history issues that affect a loan application
- ✓ Cross-reference a client's stated position against their file
- ✓ Flag credit surprises early, before they cost you a decline
Format
- ✓ One live session of two hours, on Zoom, camera on
- ✓ A small group, so there is room for real questions on real files
- ✓ 2 CPD points for brokers, recognised by MFAA and FBAA
- ✓ A free re-sit for six months if you want to revisit it
Part of these tracks
This module is included in these course tracks, or you can take it on its own.
- Admin Loan Processor 5 modules
- Loan Processor 8 modules
- Loan Packager & Credit 12 modules
In their own words
What past students say
“The result since we completed the training has been improved – we’re getting one to 2 touch formal approvals now, our servicing calculators are now more accurate…This training is not just for brokers who have been in the industry for a long time but also for brand-new brokers or support staff. The knowledge that Amanda imparted and the way she delivered the content was impeccable. We were very impressed.”
Tegan Saleh Operations Manager @ Complete Finance Management “I completed the [Self Employed] training with Amanda and I feel like it’s filled all those gaps…I found the training covered all those little niches and gave a very good general broad overview of everything you need to know. Feeling very confident to write an application after the training.”
Lawson Puho Mortgage Broker