1
Open your secure link
Your lender sends you a private LoanWisely invite tied to your application.
For borrowers
Received a LoanWisely link from your lender? Here is what to expect.
LoanWisely helps lenders review borrower cash flow and account activity through a secure Plaid connection so they can evaluate applications more efficiently.
Why your lender asked you to connect
Your lender may use LoanWisely to better understand cash flow, balances, and account activity as part of reviewing your application. This can help them make a faster and more informed decision.
2
Connect through Plaid
You choose your financial institution and securely connect through Plaid.
3
Your lender reviews the results
Once complete, your lender receives the financial insights they need for their review process.
Your bank credentials are not stored by LoanWisely
LoanWisely uses Plaid to power the secure bank connection experience. Plaid is widely used to connect financial accounts, and LoanWisely does not store your online banking username or password.
- Secure account connection through Plaid
- No LoanWisely storage of your online banking username or password
- Shared only for the lender review process tied to your invite
What your lender may see
- Account balances
- Cash-flow patterns
- Transaction activity
- Liability-related information
- Financial readiness signals used in their review process
Important clarification
LoanWisely is not your lender and does not make the final lending decision. LoanWisely provides secure bank-data connectivity and financial analysis that your lender may use during their review.
Common questions
How long does this take?
Usually just a few minutes.
Do I need to connect every account?
Follow the instructions provided by your lender and connect the accounts requested for the review.
What if I have questions before connecting?
Contact your lender or reach out to the LoanWisely support address listed on this page.
What should I do with my secure link?
Open the invite sent by your lender and complete the secure Plaid connection from that link.
Need help before connecting?
If you are unsure why you were invited or what information is being shared, contact your lender or reach out to the LoanWisely team before proceeding.