Share our support number if your customers needs further assistance: 916-404-1982
Will my credit be impacted when I check for offers?
Checking to see if you pre-qualify for offers through Acorn Finance will not impact your credit score, but a soft-pull credit check is required. If you do take a loan through one of Acorn Finance’s lending partners, a hard credit pull may be required and your credit score might be impacted.
What are the rates offered?
Acorn Finance is not the lender and rates are determined by lenders based on a combination of factors, including the amount requested, your credit profile, and current market conditions.
(Note: This link could be shared with the customer to look through rates, terms and lenders on Acorn Finance:
https://www.acornfinance.com/acorn-lender-list/)
What terms are available?
Applicants with excellent credit may be eligible for competitive rates and extended repayment terms of up to 12 years.
How do lenders determine if I prequalify?
The lenders will look at factors including how much you want to borrow, your income, credit history , debt to income ratio and the current market conditions to determine if you pre- qualify. If you receive offers and select one of the offers ,you may continue the process with the lender you choose.
What can the funds be used for?
The funds can be used for any purchase, including to upgrade your home.
How long does it take to get approved?
Qualified applicants can be approved quickly during business hours and may receive their funds as soon as within 1 business day, however funding times may vary.
Can a co-borrower be included?
Yes. Co-borrowers are encouraged to apply, and can be added immediately after the initial applicant submits their information.
Are there any fees?
Acorn Finance's lenders charge no penalties for early repayment, and no processing fees on loans of more than $40,000. If you borrow less than $40,000, some lenders may charge an origination fee between 1-6%. You’ll see no-fee options clearly highlighted on your offers pages, so you can make a fully informed choice.