FICO announced MeridianLink Inc. as the first mortgage technology platform company to offer the FICO®? Score Mortgage Simulator. Through the integration of the FICO Score Mortgage Simulator, MeridianLink is significantly expanding access to credit decisioning tools for resellers and lenders nationwide that provide valuable insights to support more informed decisions and better lending options for consumers.

MeridianLink®? Mortgage Credit Link?? (MCL) is a cloud-based, plug-and-play order fulfillment hub that streamlines the ordering of credit and verification data throughout the mortgage process.

The addition of the FICO®? Score mortgage Simulator enhances MCL by giving lenders a powerful tool to simulate credit behavior changes and then measure the potential impact on FICO®? Scores.

Combined with MeridianLink's robust SmartAPI framework, the platform enables seamless partner integration and more efficient loan origination, ultimately helping borrowers access better loan options and interest rates. The FICO®? Score Mortgage simulator empowers mortgage professionals to run credit event scenarios by applying mock changes in an applicant's credit report data to simulate potential changes to the applicant's FICO®?

Score. This unique capability allows the mortgage industry to view potential impacts of borrower actions on the FICO Score, the most widely used score by mortgage professionals. The FICO®?

score Mortgage Simulator is the only authorized simulation tool available to mortgage professionals that is built by FICO's analytics scientists using the FICO®? Score algorithm. The FICO Score Mortgage Simulator supports simulations on one, two or three bureaus, and models potential changes to the classic FICO®?

Scores used in mortgage lending - FICO Score 2, FICO Score 4 and FICO Score 5. This allows mortgage professionals to have the widest scope of insight across the FICO Scores they use. As the company continue to enhance the tool, simulations will soon allow for new actions such as deletion of accounts, simulating the passage of time, and more. Lenders or credit resellers can learn more about the FICO®?

Score.