Pre-Qualified Online Applications
Online Applications are essential to your new customer growth; however, only 10% of Online Applications actually becomes loans. Instead of wasting time and money going through bad applications, utilize a basic prequalification to eliminate applications that do not meet your criteria
Pre-Qualify online applications without affecting credit scores
Spend more time servicing qualified applicants, not researching and ultimately denying unqualified ones
Experience significantly higher loan book rates
Give customers a stronger sense of confidence applying online
Simple to Use!
Applicants simply provide their name, address, SSN, and date of Birth
In seconds, 15 to 20 proven credit attributes and a Vantage score are analyzed based on criteria you can set and modify at anytime
The applicant is either denied or prequalified for a specific loan range based on the Vantage Score
If pre-qualified, the applicant is allowed to complete a full application
Optional “Premium Pre-Qualification” process to identify Instant Funding opportunities
Optional automatic “required document” request capability
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