Mortgage Connects
Credit Conversations with ARC's Mike Olden – Episode 27
Mike Olden, American Reporting Company's Vice President of Sales and Education
Credit Conversations with ARC’s Mike Olden
Learn about credit-related topics with American Reporting Company's Vice President of Sales and Education Mike Olden on this episode of Mortgage Connects podcast. Mike discusses the difference between soft and hard credit inquiries, and the effect of medical collections and student loans on a borrower's credit score. He also covers:
- Why it’s important for borrowers to review their credit information for accuracy
- Why originators and borrowers should have an open dialogue about credit so there are no surprises
- Basic tips to maintaining a good credit score
- Understanding credit score factors
Episode breakdown:
- Understanding your borrower’s credit situation before you actually pull a credit report (0:47)
- Factors that make up a credit score (3:07)
- Outro (6:17)
The opinions and insights expressed in this Q&A are solely those of its interviewee and do not necessarily represent the views of either Mortgage Guaranty Insurance Corporation or any of its parent, affiliates, or subsidiaries (collectively, “MGIC”). Neither MGIC nor any of its officers, directors, employees or agents makes any representations or warranties of any kind regarding the soundness, reliability, accuracy or completeness of any opinion, insight, recommendation, data, or other information contained in this blog, or its suitability for any intended purpose.
