Strategic integration helps mortgage professionals deliver more precise and personalized credit guidance and improve borrower outcomes
Riverside, Calif. — June 26, 2025 — SettlementOne, a leader in credit reporting, data, and verification solutions for the mortgage industry for more than 25 years, today announced a strategic partnership with global analytics software leader FICO to integrate the FICO® Score Mortgage Simulator into its comprehensive suite of mortgage lending tools. The integration empowers lenders to provide precise, actionable credit insights to help improve borrower outcomes while streamlining the mortgage qualification process.
The FICO® Score Mortgage Simulator is the only authorized simulation tool available to mortgage professionals that leverages the trusted FICO® Score algorithms to simulate potential changes to borrowers’ scores. This technology enables lenders to demonstrate how specific credit decisions can impact borrowers’ FICO Scores — and, by extension, their loan options and interest rates.
“The mortgage industry has long needed a tool that mortgage professionals can use to provide precise, actionable guidance,” said Michael Lord, President at SettlementOne. “Our partnership with FICO empowers our clients to show borrowers exactly how specific financial decisions may impact their mortgage options so they can make informed choices that may improve their qualification prospects and potentially save thousands in interest costs.”
This integration addresses a significant challenge in the mortgage industry; most lenders lack the tools to provide specific, accurate recommendations to borrowers who don’t qualify. The FICO® Score Mortgage Simulator enables mortgage professionals to run detailed simulated credit event scenarios to show applicants precisely how potential actions through simulation scenarios could affect their FICO Scores and drive impactful results.
“At SettlementOne, we are focused on building solutions that enhance lender efficiency while minimizing risk,” added Lord. “The FICO Score Mortgage Simulator is a powerful tool that takes this mission to the next level by leveraging trusted FICO algorithms to deliver information that enables us to give our clients transparency. This isn’t just better technology — it’s a better way to serve consumers.”
For more information about the FICO® Score Mortgage Simulator or SettlementOne’s suite of solutions, visit http://settlementone.com or email accountservices@settlementone.com.
About SettlementOne
For over 25 years, SettlementOne has led the mortgage services industry by providing solutions that minimize risk while enhancing operational efficiency. Specializing in credit, data, and verifications, SettlementOne has become one of the fastest-growing credit-reporting agencies in the country because of its focus on minimizing risk for financial institutions while finding creative processes and products to improve service
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.
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FICO Contact
Julie Huang
press@fico.com
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Media Contact:
Rachel Drage
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