Mission Score API
What if you could quickly and easily determine whether a loan is eligible for financial incentives that support mission-oriented lending to help inform your best execution decisions?
With the Mission Score API, lenders, and technology service providers (TSPs) can obtain loan-level all-in Mission Scores (0, 1, 2, or 3) for loans at various points across the loan life cycle. The Mission Score is used to determine the eligibility of a loan for mission-related products or to disclose the Mission Criteria Share (MCS) and Mission Density Score (MDS) of a pool of loans. By determining whether a loan is eligible with Mission Scores of 2 or higher, Whole Loan and MBS lenders may take advantage of market-based incentives that are intended to support and promote greater affordable housing opportunities and access to credit.
Key Benefits
Increased visibility
Enables better decision-making on lending opportunities that align with the Mission Index Framework.
Improved operational efficiency
Reduces the time and effort spent connecting and reconciling data by returning the Mission Score Value based on the dataset provided and allowing the API to be leveraged throughout the loan lifecycle.
Scenario: Anna and Scott Buy Their First Home
Let's see how using a loan origination system (LOS) or Pricing and Product Engine (PPE) that is integrated with the Mission Score API can impact your daily processes and client interactions.
Start identifying mission-oriented lending opportunities to help inform your best execution decisions.
Contact your Fannie Mae account team to get started.
See the Quick Start Guide for details.
