Providing your Social Security number is required to move forward in the application process, but it does not automatically result in a loan offer. During the Rate Check, we use your Social Security number to run a soft credit inquiry with Experian, which does not affect your credit score and helps us determine whether we can provide a personalized rate estimate. If you choose to submit a full application, we will then complete a hard credit inquiry to review your financial profile in more detail. A hard inquiry may affect your credit score.
Once we’ve completed a review of your credit, income, and eligibility based on our underwriting criteria, you may receive a loan offer if approved. Please keep in mind that approval is not guaranteed. We encourage you to review our Eligibility Guide & Requirements to better understand what we consider during our review.