TransUnion Launches First Look Functionality for Mortgage to Help Lenders Cut Origination Costs
Key Highlights
- ➤TransUnion launches First Look Mortgage functionality for early credit-risk review
- ➤Lenders can purchase reports first and add scores only when needed
- ➤No second credit-report cost when adding scores under eligibility conditions
- ➤99-cent VantageScore 4.0 mortgage pricing extended through 2028
- ➤GSE and FHA workflows supported without selling-guideline or policy changes
Expert Statements
Satyan Merchant, Senior vice president and mortgage business leader at TransUnion
“Mortgage lenders face sustained pressure to control costs and operate more efficiently without compromising underwriting decisions. TransUnion First Look Functionality for Mortgage allows lenders to start with credit report insights and add additional score-based decisioning only when needed.”
Satyan Merchant, Senior vice president and mortgage business leader at TransUnion
“First Look Functionality provides insight earlier in the lending journey, directs resources toward the most promising opportunities and creates a more efficient path from application to closing.”
CHICAGO, Oct. 08, 2026 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today launched TransUnion First Look Functionality for Mortgage, enabling mortgage lenders to review credit insights before purchasing scores. The innovation follows TransUnion's recent extension of 99-cent VantageScore® 4.0 mortgage pricing through 2028, with no charge when lenders pull it alongside a FICO® Score. Combined, these advancements help lenders improve origination efficiency, reduce costs and align credit spending more closely with loan progression.
Traditional mortgage workflows often require lenders to purchase credit scores early, even when the underlying credit data often provides the necessary information to determine whether a loan should advance, follow a streamlined path, or be removed from consideration. Whether using a soft-pull solution such as TruVision® Early Access Soft Check or a traditional hard-pull workflow, lenders frequently need multiple scores throughout the origination process. Purchasing those scores before they are needed can lead to unnecessary fallout costs for lenders.
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