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Prequalification can be a beneficial first step in the mortgage process by reducing costs associated with fallout, as well as ensuring efficient use of resources.
Key Benefits:
- Up front insight into a potentialborrower’s loan eligibility withoutimpacting the consumer’s creditscore
- A cost-effective solution to helpreduce downstream expensesassociated with initial funnel fall out
- Improved borrower experience byProviding loan options fast andefficiently without posting a hardinquiry on the consumer credit file
- Avoid signaling borrower interest to competitors
- Single, dual, or tri-merge options to meet your prequalification process
