Skip to content

When to Pull a Credit Report

If we have a signed application for a TRID loan, can we pull a credit bureau before receiving the customer’s intent to proceed?

Yes. To pull a credit report, you need a permissible purpose and an application for credit would be a permissible purpose. TRID also allows you to pull and charge for a credit report prior to obtaining the applicant’s intent to proceed.
Learn more about David Dickinson’s webinar
Applicants and Applications

First published on 08/20/2017

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics