Click on the hyperlinks above to review the Credit Lookback Report Order Instructions and the full Credit Lookback Policy. PRMG requires a credit lookback report to be run within 10 days of the note date for Conv, FHA, VA, Niche, Jumbo, 2nd lien products. For USDA products, the lookback report will be ordered prior to final submission to USDA and is good for 30 days. You will order the lookback report in FT360, Services Tab, Order Credit Report, Factual Data Loan Review Report option. This report will provide only new debt and inquiries in the previous 120 days. Use of any approved credit report vendor is acceptable for the initial credit report (lookback report will still be run through Factual Data). Credentials to run the lookback report through Factual Data are already saved in FT360 for all acceptable users, so separate credentials are not needed to run the lookback report.
***UPDATE - Credit Lookback cannot be used in conjunction with Chenoa products. If you are using a Chenoa HFA product, you must pull a Credit Refresh report through your credit vendor.***