PriceMyLoan Interfaces With FHA TOTAL Mortgage Scorecard

Posted by Orb Staff on February 02, 2010 No Comments
Categories : Residential Mortgage

PriceMyLoan (PML) has completed its interface with the Federal Housing Administration's (FHA) Technology Open to Approved Lenders (TOTAL) Mortgage Scorecard loan approval platform, giving lenders using PML's automated underwriting and pricing engine direct access to FHA eligibility and credit scoring.

The TOTAL Mortgage Scorecard is a system developed by the U.S. Department of Housing and Urban Development (HUD) that evaluates borrower creditworthiness for FHA loans.Â

‘FHA's decision to allow more vendors like us to interface with TOTAL Mortgage Scorecard makes FHA lending more accessible," comments Gigi Campbell, national sales director for PML.

SOURCE: PriceMyLoan

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