No, by completing a cosigner profile, you, along with the prospective borrower, are inquiring about potential options available from our partner lenders. After you both receive responses from Sparrow’s lending partners, you and the borrower would work together to choose a lender and option that meets both of your needs.

Once you find an option that works for both of you, you can then select a specific lender and loan option. Both of you will then fill out some additional information and the lending partner you chose will conduct a hard credit check and confirm your eligibility. If they are able to confirm your eligibility, the partner lender will come back to you with an offer of credit. If you choose to move forward at this time, then you are accepting an offer from the lender.