Birchwood Credit Services

Halcyon is cheaper, faster, and better than the standard IVES/4506-C. With our partnership, we are excited to bring these benefits to our clients TRV process: 👉 75% of conventional 4506 order cost on average 👉<1% Rejection rate with 8821 form. 4506 is rejected 30-40% on average. 👉 Centralized data from all IRS forms Curious to find out more? Visit our website to find out how our partnership can benefit you: https://lnkd.in/eeiHkp4G #CreditSolutions #MortgageBrokers #Mortgage_Brokers #CreditUnions #BankingCreditUnions #Credit_Unions #Birchwood #BirchwoodCreditServices

Nationally, the median appraised value for condominiums drastically increased since 2018, but declined in 2023. View these trends on condo appraisals, plus other statistics, geographies, and characteristics by accessing the UAD Aggregate Statistics. https://lnkd.in/ei9WCs2w

Come visit us at the upcoming ACUMA conference at the Bellagio Hotel. 👋 We'd be happy to make new connections with Credit Unions and to show you everything exciting we've been working on! Ready to connect? Hit that LinkedIn Sales button and let’s set up a time to chat. #ACUMA2024 #MortgageIndustry #CreditSolutions #CreditUnions #BankingCreditUnions #Credit_Unions #VerificationServices #CreditServices

Birchwood Credit Services is excited to bring you our partnership with ScoreNavigator! With ScoreNavigator’s Mortgage Action Plan and Simulators, we’re offering powerful credit analysis tools to elevate your applicants' scores and streamline the mortgage process. The Mortgage Plan and Simulators offer advanced features like: - Tradeline Reports with Point Deduction Technology® - Tailored Recommendations for score maximization - Comprehensive Credit Summaries - Customized Action Plan to hit desired target score goal (Target Score Simulator) - Scenario Analysis Tools (Manual Score Simulator) - Provides the best day to have the borrower's credit pulled Explore The Mortgage Action Plan and Simulators with a complimentary demo and see how it can enhance your credit decision process. Contact us now to get started: https://lnkd.in/eeiHkp4G #CreditAnalysis #Mortgage #ScoreNavigator #BirchwoodCredit #MortgageActionPlan

We’re heading to NEMBC 2024! 🎉 Join our National Account Executive, Austin Wheeler, and COO, Samantha Markwood, in Portsmouth from September 11-13. Whether you're a valued client or exploring new credit and verification solutions, let’s catch up on the latest industry trends! Ready to connect? Hit that LinkedIn Sales button and let’s set up a time to chat. #NEMBC2024 #MortgageIndustry #CreditSolutions #MortgageBrokers #Mortgage_Brokers #CreditUnions #BankingCreditUnions #Credit_Unions

We can’t wait to party! 🎉

Birchwood Credit Services is thrilled to announce a transformative partnership with Halcyon, a leader in tax transcript solutions, to bring revolutionary changes to the mortgage industry. Together, we’re replacing the cumbersome 4506 form with the highly efficient 8821 form, simplifying and enhancing the entire mortgage process. Why This Matters: - Remarkably Low Rejection Rate: The 8821 form has a rejection rate of less than 1%, compared to the 4506’s national average of 38%. This means fewer delays and a more predictable mortgage process for everyone involved. - Rapid Document Delivery: Need repulls or additional documents? The 8821 delivers in minutes, at no extra cost, keeping the process on track. - No Re-Signing Hassles: The 8821 form eliminates the need for re-signatures, ensuring a smoother experience for borrowers and lenders. - Flexible & Secure: Available in PDF and Json formats, the 8821 integrates seamlessly with income calculators and is backed by GSE Reps, Warrants, and Day 1 Certainty, ensuring top-notch compliance and security. - Extended Consent Validity: Unlike the 4506, the 8821 allows for transcript requests up to three years after execution, offering greater flexibility. Read the full blog here: https://lnkd.in/e3wqPx2h

New Opportunities with VantageScore: The U.S. Veterans Administration now accepts mortgage loans using VantageScore 4.0. Here's why this matters: 📈 Expanded client base: Score ~33 million more potential borrowers, including those previously unscorable. 🚀 Increased loan volume: Potential for originating up to 2.7 million new mortgages or $1 trillion in new high-quality loans. 💡 Competitive edge: Offer more inclusive lending options, particularly beneficial for recently discharged and active-duty service members. 🏦 Industry adoption: Major institutions, including 8 of the top 10 banks, are already using VantageScore. At Birchwood Credit Services, we're committed to equipping you with cutting-edge tools to grow your business. This development opens up new avenues for expanding your client portfolio and increasing your loan originations. Want to learn how to leverage VantageScore 4.0 in your lending operations? Let's connect and explore these opportunities together! https://lnkd.in/eHHuQzPZ #MortgageBrokers #LendingInnovation #CreditScoring #BusinessGrowth

Every credit partner claims to give good customer service, but Birchwood always leads by example. That's why every customer service representative at Birchwood Credit Services is cross-trained to solve many unique problems, from day-to-day routine issues to more complex and urgent requests. “Birchwood really stands out in a sea of companies with no service skills. Birchwood has always been there for us for routine day-to-day questions as well as urgent or complex requests." . . . #birchwoodcreditservices #mortgagelending #creditservices #compliance #verification

Happy 4th of July! Our offices will be closed today in observance of Independence Day. We hope you have a safe and joyful holiday celebrating with friends and family. We’ll be back tomorrow to assist you with all your credit and mortgage needs. Enjoy the fireworks and festivities! #happy4th #independanceday #birchwoodcredit