LOAN ORIGINATION

LOAN ORIGINATION

Loan Origination with PreQual

EMPOWERING COMMUNITY

Institutions for Transparent and Successful Loan Selection

Introducing PreQual, your pathway to revolutionizing the loan origination process for lenders. With our innovative soft-pull credit score pricing engine, PreQual streamlines loan selection, enhances transparency, and increases application quality. Elevate your loan origination experience and set the stage for confident lending decisions.

Key Features

Transparent Loan Selection:

PreQual empowers applicants to explore loan options with full transparency. Our soft-pull credit score pricing engine provides potential borrowers with a clear understanding of their loan terms before applying.

Credit Score Protection:

By utilizing soft-pull credit checks, PreQual enables applicants to assess their loan terms without negatively impacting their credit score. This approach fosters trust and empowers informed decision-making.

Friction for Quality

Applicants who don't meet initial credit requirements are prompted to explore alternative options by visiting a branch or contacting your team for a more personal experience. This added step enhances digital application quality, ensuring that you receive more high-quality applications.

BENEFITS FOR

Your Community Institution?

Enhanced Transparency: PreQual transforms the loan origination process into a transparent and member-centric experience, fostering trust and satisfaction among applicants.

Increased Application Quality: By guiding applicants to suitable options and encouraging branch interactions, PreQual ensures that you receive applications from consumers who are genuinely interested and committed.

Improved Look:Book Rates: On average, institutions experience a 50% increase in Look:Book rates, leading to more funded loans and a healthier loan portfolio.

EMPOWER

Confident Lending

Leverage PreQual to empower your community institution with a modern and transparent approach to loan origination. Empower applicants with the information they need to make informed decisions while safeguarding their credit scores.

CONTACT

Ready to Transform Your Loan Origination?

Contact us today to discover how PreQual can elevate your institution's loan origination process. Join the community of FIs that are reshaping the lending landscape, boosting application quality, and funding more loans overall.