Overview
In Encompass Web, you can order Instant Merge Credit Reports to evaluate a borrower’s creditworthiness and assess potential risk all within your workflow.
Ordering Instant Merge credit reports
Open the Report Type drop-down.
Select the applicable report type (Instant Merge, PreQual, PreApproval, or Home Equity).
Confirm New Request as the Request Type.
Select Individual or Joint from the Report On.
Select the applicable Credit Bureaus to include.
Select Auto-Import Liabilities to automatically import liabilities from the report
Select Check this box to exclude zero balances when you import to exclude zero balances when auto-importing liabilities.
Include any notes critical to the report.
Note: When a borrower has a military address, a specific state, city, and zip code must be used for a successful validation. Review Entering Military Addresses for more information.
Click Submit.
A confirmation notification will appear if the submission was successful, click Ok to close.
Outcome
You can now order Instant Merge Credit Reports from within Encompass Web.