Prequalification Credit Report

A soft-inquiry version of TransUnion’s trended-credit file that lets lenders start underwriting with the full credit report, scores and up to 30 months of payment trajectories without posting a hard inquiry or triggering competitor “trigger-mail.” The file is delivered in <2 s via REST/XML, MISMO or SFTP, can be single-, dual- or tri-bureau with a flag change, and may later be “promoted” to a hard pull (or tri-merge) using the same schema. Fannie Mae and Freddie Mac now accept the report for DU/LPA, so mortgage lenders (and other verticals) can quote real terms earlier, protect their pipeline and trim origination costs.