1Who it's for
A borrower you can't approve today because of their credit, who wants help getting ready to buy.
Good fitWants to buy, has the income, and their credit is what's holding them back.
Not a fitAnyone you can approve now, or anyone who'd rather work on their credit on their own or with a housing counselor.
2How it works
1 · You offer the optionThe borrower decides whether to contact Darnell at Jones Innovation Group.
2 · They sign up with the companyThrough the referral link. Their agreement is with the company, not with CLEAR.
3 · They work on their creditWith the company. How long it takes, and the results, vary by person.
4 · They come back to youWhen they're ready, they apply with you like any other borrower.
What the borrower pays the company
$500paid to the company up front for its services
$500 backreturned to the borrower as a credit when they close their loan with us
$1,500paid to the company after the loan closes, only if it closes
Total to the company: $2,000. These are the terms as described to us on 10/06; the company's written agreement is what counts.
3How to refer
- Give the borrower the referral link. They choose whether to use it.
- You never collect money, sign them up, or handle their credit reports for the company.
- You and CLEAR receive nothing from the company for a referral.
Your link and a meeting with Darnell are coming. We'll let you know.
4What to say
"Right now your credit is the piece holding this up. You have a few options: you can work on it yourself, with a HUD-approved housing counselor, or with a credit company we know, Jones Innovation Group. It's completely your choice, and there's no pressure either way. Nobody can promise a certain score or an approval, but whenever you're ready, I'll be here to take another look."
5Rules
- No promises. Never promise a score increase, a timeline, or a loan approval.
- Accurate information stays. Never suggest disputing information that is accurate.
- Nothing comes back to us. CLEAR and its loan officers receive nothing from the company: no money, leads, gifts or marketing.
- The borrower chooses. They can use any credit counselor, or none. HUD-approved housing counselors are another option, and many charge little or nothing.
- Keep it out of the file. No borrower credit details in email to the company; the borrower shares what they choose.