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Citizens Home Loan Accepts PRBC Reports Through Credit Plus, Inc.

Publication: PR Newswire
Publication Date: 26-NOV-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Lender to authorize mortgages for those with timely bill-paying practices but no FICO Score

SALISBURY, Md., Nov. 26 /PRNewswire/ -- Citizens Home Loan announces that it will authorize potential borrowers with little or no credit histories to qualify for mortgages with PRBC (Pay Rent Build Credit) Reports through Credit Plus, Inc.

"We're excited that Citizens Home Loan sees the value in working with individuals with non-traditional credit scores as most are a viable credit risk," said Allen Johnson, Vice President of Sales and Marketing at Credit Plus. "It's crucial in today's mortgage environment to ensure that the borrowers are truly qualified to obtain funding. There are numerous people out there who pay their bills on time...

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