Loan Prospector® Outreach is an online client assessment tool for housing counselors. It enables housing counselors to use the power of Freddie Mac's automated underwriting technology to objectively assess whether their clients are ready to apply for a mortgage. Loan Prospector Outreach is the first technology of its kind! You are able to conduct a reliable client assessment, offer information to shape pre-purchase counseling, and facilitate a client's transition to a lender.

Key Features

• Takes the guesswork out of client assessments.
  Loan Prospector Outreach helps simplify your counseling processes by giving you an objective way to determine your client's readiness to apply for a mortgage. Ultimately, you'll be able to spend your time and expertise on those who need you the most.
• Offers flexible mortgage options.
  Whether your client is a first-time homebuyer or looking to refinance, Loan Prospector Outreach allows you to choose from a number of mortgage options, including the Freddie Mac Home Possible® suite of affordable mortgages.
• Pulls client credit data.
  Using Loan Prospector Outreach, you can request your client's credit history from the credit repositories. The credit repositories will note your inquiry on your client's credit report, but because you are a housing counselor, this inquiry should not impact your client's credit score.
• Web-based and worry-free.
  Not only is Loan Prospector Outreach easy to use, it is web-based so you can use it whenever you are ready. No software installation or application development is necessary. Freddie Mac also maintains the system to ensure the highest level of reliability.