Soft Approvals
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  1. #1
    Senior Member Reputation points: 307559
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    Quote Originally Posted by ryan $ View Post
    Alot of Funders do this.
    from 07-2012 that was common. Not many still do that in 2022

  2. #2
    Banned Reputation points: 179851
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    Quote Originally Posted by Michael I View Post
    from 07-2012 that was common. Not many still do that in 2022
    Depends what your funding though. 1st and 2nd Pos Funders tend to underwrite upfront.
    Most High Risk, Default Funders dont do anything up front....just kick out approvals based on revenue. Run everything at contract request.

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