Prequalifying through Sparrow does not impact your credit score.

Sparrow conducts a soft credit check when you apply for prequalified rates. The soft credit check allows us to instantly show you the rates you qualify for at each of our lenders, and it does not impact your credit score.

Once you submit your official loan application on the lenders’ site, the lender will conduct a hard credit check to verify the information included in your application (this includes any information about your cosigner, if applicable).

Note: The soft credit check has no effect on your credit score. The hard credit check will appear on your credit report and can influence your credit score.