Virtual
Loan Officer
Our proprietary software takes another
step in the state of the art programming with our Virtual Loan Officer.
Borrowers can use the VLO to chat with the loan coordinators asking
questions while viewing the posted documents in the system. VLO will direct
you through the process. Having a hard time understanding or finding
documents? The on-line VLO will point you in the right direction. Our VLO's
are the mortgage
loan underwriters assigned to your file. No more waiting for an email or
phone call for a loan decision. Another feature of TLC to help you during
the process.

About Us
Home loans can be complex and intimidating at
times. Add in a difficulty of understanding the different loan programs,
credit requirements and the personal stress over knowing if you are getting
the best deal possible. In response, we have designed some of the industries
best software to help you understand the key aspects of your home loan.
Our Software
True Loan Cost is a subsidiary of Creditxp Inc. which has designed
credit and mortgage underwriting software for years and designed the TLC
program to give borrowers the ability to take control of their loan
process.
Credit Integration
Our credit software allows borrower to pull a
credit report from within the system so that they can see and review the
credit report used to make the loan decisions. If the information reported
by the credit bureaus in not correct borrowers can dispute the information
right from the system. The credit dispute software has been used by Fortune
300 Companies like DR Horton, funding over $1 Billion in loans for consumers
that had inaccurate information reported by the bureaus keeping them from
obtaining a loan.
Underwriting Interface
The TLC system interfaces with FHA and Fannie Mae
Government Loan Transaction format for loan submission to Government
Underwriting Service for fast and accurate loan decisions resulting in
quicker closings and savings which are passed on to our borrowers.
Preliminary Closing Costs
We upload data from 295 million property ownership
records in over 1400 counties to create preliminary closing cost for our borrowers.
Calculating the property taxes owed, escrow charges, appraisal fees,
attorney fees and title fees for you to review prior to committing to the
loan. We make sure our borrowers have no surprises and are satisfied with
the decision they are making before closing at the click of a mouse.