Prequalification with a SOFT credit pull shows you real rate estimates without denting your score. Here is how it works, how to prepare, and where it can lead — in plain English.
RefiFastCalc never runs credit checks — soft or hard. Prequalification always happens directly with a lender or lending network.
Soft pull vs. hard pull
A soft inquiry is a preview of your credit that does NOT affect your score — the kind used for prequalification estimates. A hard inquiry happens when you actually apply for credit and can lower your score a few points. Rule of thumb: prequalify (soft) with several lenders first, then spend your hard inquiries only on the offers you intend to close. Multiple mortgage hard pulls inside a short shopping window are typically scored as one.
Before you prequalify — have these ready
• Your current balance, rate, and remaining term (your loan statement has all three).
• Your break-even numbers from this app — so you recognize a good offer when you see one.
• A realistic estimate of your credit band (many banks show your score for free).
• Your income and employment details — prequal forms ask for them.
• For a mortgage refi: your home’s estimated value and your PMI status.
• A target rate — the number below which refinancing actually pays off for you.
Where to pre-qualify
Mortgage refinance offers
Consumer mortgage refinance quotes from lender networks.
Whether this program starts with a soft pull is confirmed per partner — not yet confirmed. Ask before you authorize any credit check.
Program partnerships are being finalized — your interest is counted.
Auto refinance offers
Auto loan refinance quotes from lender networks.
Whether this program starts with a soft pull is confirmed per partner — not yet confirmed. Ask before you authorize any credit check.
Program partnerships are being finalized — your interest is counted.
Debt consolidation offers
Personal-loan consolidation quotes from lender networks.
Whether this program starts with a soft pull is confirmed per partner — not yet confirmed. Ask before you authorize any credit check.
Program partnerships are being finalized — your interest is counted.
Business-purpose loans (separate)
Business-purpose loans are analyzed separately from personal (consumer) loans — different rules apply.
Investor & business property loans
DSCR and business-purpose property lending programs.
Whether this program starts with a soft pull is confirmed per partner — not yet confirmed. Ask before you authorize any credit check.
Program partnerships are being finalized — your interest is counted.
Educational information, not financial, legal, or lending advice. RefiFastCalc is not a lender, broker, or loan originator; rates and approvals come only from licensed lenders.
Some links on this site may be partner links: if you use one, we may earn a commission at no cost to you.