Having used Funding Suite for years we were acquired two years ago by Bank of England which made the corporate decision to switch to a different credit provider. The argument was that the credit reports were a bit cheaper. The reality was they were not any less expensive and we ended up losing more on the back end due to hard to read credit reports, slow service response times and inexperience with rescoring. I successfully led the charge to get Bank of England switched back to Funding Suite and the result has been a lot more loans because of Funding Suite's software tools.

Blake Peterson
Bank of England

     
Cogent Road executive tapped by Broker Magazine for insights on emerging Credit Optimization market.
"Credit restoration or credit repair operations use methods such as authorized users on credit cards and sending in letters to the repositories challenging legitimate items in the consumer's credit file. While these methods provide a temporary boost in the credit score, they leave lenders with an incomplete and inaccurate profile of the consumer. There are more legitimate means for mortgage brokers to help their customers improve their credit scores. These providers call their service credit optimization."

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Written by Brad Finkelstein, Editor
Broker Magazine
November 2007

     
Many of the borrowers we do improvements for go from being unable to qualify for a loan to qualified. These borrowers were previously unable to acquire a loan with our investors but once they go through the rescoring process using Funding Suite's tools, we are able to find a product for them. We've used Funding Suite to run hundreds of custom rescoring plans and have been able to improve most of those borrowers' credit scores an average of 50 to 70 points.

read the entire case study

Kevin Glackin
Village Capital and Investments

     
I've been a Funding Suite client for over 5 years. Over that time my business has more than tripled and much of that success is a result of the rescoring I've been able to close at least 10% more loans every month. This has been a great source of additional business that doesn't cost anything.

Tom Jackson
Primetime Mortgage, Inc.

     
I think all software companies could learn from you guys. Not only is your software amazing, but your support department helps me better apply the technology to my actual business. I've been very, very pleased - thank you again and again.

Jane Kobetich
Great Lakes Mortgage Services

     
I was surprised how much additional business we received the very first month we integrated a credit proofreading and rescoring process into our qualification systems. Using Funding Suite's Rescoring Plan Generator and X-Ray software added 10 additional loans in that first month - and we expect to do even better because client's are already asking about it.

John Neihart
Home Team Financial, LLC.

     
I've been in the mortgage business for years, and I've tried many different credit reporting companies. I have never seen anything like Funding Suite software and have never been this satisfied with the level of service I've received. In a difficult market, I can definitely say that Funding Suite gives my business an edge.

David Fowler
First Capital Mortgage.

     
Funding Suite had flat out, the best technology we reviewed. They have the edge not only in tools like X-Ray that help us close leads, but the functionality they have for me track billing and recoup costs were non-existant in the other systems. Funding Suite's service commitment and technical edge were the primary factors in our decision to switch to Funding Suite.

Craig Ackerman
refinance.com

© Copyright 2007 Cogent Road, Inc. All rights reserved. Funding Suite is a registered trademark of Cogent Road, Inc.