We are excited to announce an integration with Informative Research, a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry. The integration puts new credit solutions in the hands of loan originators using the SimpleNexus digital mortgage app.

SoftQual by Informative Research is a pre-qualifying solution that enables SimpleNexus users to collect credit data via a “soft” inquiry before extending a firm offer of credit to loan applicants. Each SoftQual report contains all the information lenders need to match applicants to the right loan options — including a complete FICO® score, high credit limits and current account statuses — but costs significantly less than a full credit report. And because SoftQual inquiries are not recorded in applicants’ credit histories, they do not affect borrowers’ FICO scores and cannot be seen by competing mortgage firms that might try to undercut the original lender’s loan offer.

In addition to SoftQual, SimpleNexus customers can also order a full TriMerge Credit Report from Informative Research that consolidates data from all three credit bureaus — Equifax, Experian and TransUnion — and meets the underwriting requirements of Fannie Mae and other leading mortgage investors.

“Mortgage originators invest a great deal of time in cultivating relationships with their loan applicants, so the last thing they need is for competitors to start reaching out to their prospects with offers,” said Renae Sherman, VP of business development at Informative Research. “SoftQual solves that problem and simultaneously helps lenders lower the upfront cost associated with qualifying borrowers.”

“SimpleNexus is built to give lenders the flexibility they need to work with their preferred third-party service providers,” said SimpleNexus COO Ben Miller. “We are pleased to enhance our lineup of credit integration options with trusted and cost-effective solutions from Informative Research.”

SimpleNexus empowers more than 20,000 loan officers to “do more” while serving more than 220 mortgage companies, including 15 of the top 25 retail lenders in the United States. For more information, visit simplenexus.com/domore.