In the mortgage industry, early credit assessments are essential, but traditional credit pulls can hurt a client’s score and trigger unwanted competition. Soft Pull Solutions provides a better approach—giving you the insights you need without affecting the client’s credit or activating trigger leads.
This streamlined process not only protects your leads but also lets you offer rescore advice to help clients improve their credit and qualify for better rates. By integrating soft pulls into your workflow, you can move clients toward approval more efficiently, with less risk and disruption.
Types of mortgage businesses we work with include:
Mortgage Brokers
Owner Occupied Loans
Refinance
HELOC
New Construction
Bridge Loans
Trust Loans
Loan Officers
Investment Property Loans
Reverse Mortgage Loans
Land Loans
Multi Family Loans
Probate Loans, Estate Loans, and Inheritance Loans
This isn't a comprehensive list, and we'd love to answer any questions about your industry and using our services. Give us a call today!
Key Advantages with Soft Pulls
Soft Pull Solutions can streamline your process, helping you generate more leads, secure more referrals, and build lasting client relationships. By integrating our customizable software, your mortgage company can operate more efficiently, save money, and focus on growth.
Our soft pull technology provides you with the tools to pre-qualify clients confidently. With access to key credit information, you’ll quickly identify which clients are ready to move forward—saving both time and resources.
By leveraging Soft Pull Solutions, you’ll also enhance your reputation for efficiency and accuracy, resulting in more repeat business. This streamlined process ensures that you can evaluate risks, make data-driven decisions, and focus on building successful client relationships.
Key Advantages:
Doesn’t Cause Trigger Leads
Run credit checks without triggering marketing alerts or leads to competitors, ensuring a seamless experience for your clients.
Does Not Impact the Consumer’s Credit in Any Way
Evaluate credit data without affecting your client’s credit score or creating unnecessary stress for them.
Avoid Wasting Money Just to Determine Creditworthiness
Soft pulls are half the cost of hard pulls. Save money by using soft pulls instead of expensive hard inquiries to identify clients with strong credit scores.
Soft Pulls: The Smart Way to Assess Credit
1. Comprehensive Credit Insights Without the Drawbacks
Soft pulls offer a full credit report and FICO® Score from any of the three major bureaus—Equifax, TransUnion, or Experian. With a soft pull, you gain valuable credit insights without triggering hard inquiries that can lower your clients’ credit scores.
2. Quick and Easy, No Sensitive Information Required
To run a soft credit check, you only need your client's name and address—no need for a Social Security number or date of birth. This makes it easier and faster to assess credit, while also respecting your clients’ privacy.
3. No Impact on Credit Scores
Unlike traditional hard pulls, soft pulls don't affect your clients’ credit scores. This means you can confidently assess credit early in the process without risking a negative impact on your clients' creditworthiness.
4. Protect Your Leads from Competitors
Since soft pulls don’t trigger hard inquiries, they don’t activate "trigger leads." This means you won’t risk your clients being contacted by competitors, keeping your leads secure and ensuring you're the one guiding them through the loan process.
Other Services We Offer To Help Your Business
The soft pull credit report will enable you and your company to move forward with clients with confidence. But, these additional services can provide you with more information and help you detect any red flags within a client's credit report.
Automated Income Check and Employment Information: This service allows you to gather information quickly and accurately about a customer's job history, the name of their employer, tenure status, and income. This information is essential when pre-approving someone for a mortgage.
Bankruptcies, Liens, and Judgments: This service provides access to public records to uncover civil court filings such as bankruptcies, liens, and judgments during the credit review process. Bankruptcy data remains available on consumer credit reports, while liens and judgments, which are no longer visible on these reports, can still offer critical insights.
ID Verification and Fraud: This is an accurate and instant verification that utilizes a client's driver's license. It is instant, extremely accurate, and can help you detect any fraudulent activity, red flag alerts, and give you confidence in a client.
Compliance Management: This service allows you to become more organized. When dealing with these reports, it can be challenging to keep everything organized in a way that doesn't require sorting through excessive files. Our compliance dashboard increases organization. This service also sends out any adverse action letters for you, which lowers your labor costs, decreases chances of human errors, and ultimately helps you streamline the process even more.
Utilizing Soft Pull Solutions for your business can help you grow, save time and money, and ultimately make more sales. If you have other questions, set an appointment or call us at (844) 515-1550 today!
Additional Resources
For more information about aspects of our services and how they can help your mortgage company check out these resources:
Difference Between Soft & Hard Pulls
| What Is Different? | Soft Pulls | Hard Pulls |
| Impact on consumer credit? | No | Yes |
| Social Security Number required? | No | Yes |
| Date of Birth required? | No | Yes |
| Does running an inquiry create trigger leads? | No | Yes |
| Do you need to print a Risk-Based Pricing Notification and give it to the consumer after you pull the report? | No | Yes |
| Is it a full credit report? | Yes | Yes |
| Is a FICO Score included with the report? | Yes | Yes |
| Is the report sufficient for tenant screening purposes? | Yes | Yes |
| Can I get consent over the phone? | Yes | Yes |
See the Difference Firsthand
Click below to view a sample of a soft pull credit report
Additional Reports & Features
When you sign up with Soft Pull Solutions, you’ll have access to a variety of other detailed reports and services designed to meet your specific business needs. Click the button to view a full list of reports available to your account or to schedule a meeting.