Equifax Introduces Income Qualify to Deliver Insights Earlier in the Mortgage Lending Process and Help Lenders Manage Costs

Rhea-AI Summary

Equifax (NYSE: EFX) launched Income Qualify on December 10, 2025, a product that delivers verified income and employment insights from The Work Number to mortgage lenders during prequalification and pre-approval alongside the Equifax consumer credit file.

Income Qualify supplies name/SSN, employer name, tenure, and prior-year total income where available, aiming to speed initial assessments, reduce borrower burden, and help lenders manage costs and purchases of The Work Number at origination.

Separately, Equifax said it will offer VantageScore 4.0 mortgage credit scores at an over 50% reduction from FICO 2026 prices and commit to a $4.50 VantageScore price for two years, including a free VantageScore with each FICO score purchased.

Positive

• Product launch: Income Qualify delivers verified income and employment at prequalification
• Data points: Name/SSN, employer name, tenure, prior-year total income provided
• Pricing move: VantageScore 4.0 offered at >50% discount versus FICO 2026 prices
• Committed price: $4.50 VantageScore pricing guaranteed for two years

Negative

• None.

Key Figures

VantageScore price $4.50 Committed VantageScore 4.0 mortgage credit score pricing for two years

Price reduction over 50% reduction VantageScore 4.0 mortgage scores vs FICO 2026 prices

Pricing commitment two years Duration Equifax committed to hold $4.50 VantageScore pricing

Market Reality Check

$209.02 Last Close

Volume Volume 963,258 vs 20-day average 1,443,896 (relative volume 0.67), indicating muted trading ahead of this news. low

Technical Price $209.02 is trading below the $243.27 200-day MA, reflecting a weaker intermediate trend pre-announcement.

Peers on Argus

Peers showed mixed moves, with VRSK and BAH down while FCN and HURN were up, suggesting EFX’s modest -0.6% move was more stock-specific than part of a broad sector trend.

Common Catalyst Several peers also issued product and partnership news, but no clear, coordinated sector-wide catalyst appears in today’s headlines.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 04	Survey insights	Positive	+0.7%	Release of Social Services Outlook Index showing strong efficiency and automation trends.
Dec 01	Investor conferences	Neutral	-0.1%	Planned participation in Goldman Sachs and UBS investor conferences with executive speakers.
Nov 18	Product integration	Positive	-0.2%	Kikoff integrating Equifax Optimal Path™ score planner for over one million members.
Nov 17	Acquisition	Positive	-0.2%	Acquisition of Vault Verify to enhance employment and income verification offerings.
Nov 13	Product launch	Positive	+0.1%	Launch of AI-driven AML Compliance Solutions with broad sanctions and watchlist coverage.

Pattern Detected

Recent product and partnership announcements have generally produced small price moves, with occasional divergences when positive news coincided with slight declines.

Recent Company History

Over the past month, Equifax has focused on product innovation and ecosystem expansion, including AML Compliance Solutions on Nov 13, the Vault Verify acquisition on Nov 17, and the Kikoff Optimal Path™ integration on Nov 18. Additional items included survey-based insights for public-sector clients and participation in investor conferences in early December. Today’s Income Qualify launch continues this pattern of data-driven solutions, particularly around mortgage and verification, building on The Work Number® capabilities highlighted in prior actions.

Market Pulse Summary

This announcement introduces Income Qualify, extending verified income and employment data from The Work Number® into the mortgage prequalification and pre-approval stages. It complements Equifax’s earlier move to offer VantageScore 4.0 mortgage scores at a reduced price of $4.50 for two years. Together, these steps emphasize cost management and richer data for lenders. Investors may watch for adoption indicators and any disclosures on how these offerings influence mortgage segment growth and margins.

AI-generated analysis. Not financial advice.

New Offering Delivers Income and Employment Insights from The Work Number^® 

ATLANTA, Dec. 10, 2025 /PRNewswire/ -- Equifax^® (NYSE: EFX) today announced the launch of Income Qualify, a new product that delivers income and employment insights from The Work Number^® to mortgage lenders during the prequalification and pre-approval phase as a value add alongside the Equifax consumer credit file.

Currently lenders are limited in their ability to confidently make prequalification offers. Income Qualify provides verified income and employment data earlier in the process, empowering mortgage lenders to conduct an initial assessment faster and with less burden on the borrower. This helps reduce risk in the lending process and supports affordability in the home buying process.

"Mortgage lenders are facing increased competition for qualified buyers. They need to be able to assess borrower eligibility and make critical lending decisions more quickly while also managing costs," said Joel Rickman, General Manager and Senior Vice President of U.S. Mortgage and Verification Services at Equifax. "By delivering key income and employment data alongside our trusted credit report at the prequalification stage, Equifax is helping lenders act faster, support affordability, and move the borrower forward in the process with more confidence."

Home ownership is an important goal for many U.S. consumers and can help build wealth that can last for generations. Equifax is committed to making home ownership more affordable and believes that comprehensive data solutions, such as Income Qualify, are a key component of supporting affordability.

Leveraging data from The Work Number, Income Qualify provides the following data points alongside the Equifax Mortgage Credit Report, where available:

• Name/SSN: Gain confidence in the name of the potential borrower.
• Employer Name: Capture the name of the borrower's employer, helping to reduce employer name match errors during later submission to Government-Sponsored Enterprise platforms.
• Tenure: Provides confidence in the borrower's job tenure and informs the lender on future income data needs for underwriting.
• Prior-Year Total Income: Allows for high-level debt-to-income (DTI) ratio assessment and categorical confirmation of data provided on an application.

With this information available before origination, Income Qualify can help lenders assess borrowers earlier in the loan process. Additionally, it can help lenders manage costs by making more informed purchases of The Work Number at origination.

Equifax is focused on developing innovative solutions that can help lenders reduce the cost of home ownership and help consumers build generational wealth, while providing deeper insights alongside its credit reporting products. As part of this effort, the organization also announced in October that it would offer VantageScore 4.0 mortgage credit scores at an over 50% reduction from FICO 2026 prices, committed to holding the $4.50 VantageScore score pricing for two years, and are offering free VantageScore credit scores with each FICO Score purchased from Equifax to help with conversion.

For more information about Income Qualify, please view the product sheet.

ABOUT EQUIFAX INC.

At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit www.equifax.com.

FOR MORE INFORMATION:
Dan Jenkins for Equifax Workforce Solutions
mediainquiries@equifax.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/equifax-introduces-income-qualify-to-deliver-insights-earlier-in-the-mortgage-lending-process-and-help-lenders-manage-costs-302637176.html

SOURCE Equifax Inc.

FAQ

What is Equifax Income Qualify (EFX) and when was it announced?

Income Qualify is a product announced on Dec 10, 2025 that delivers verified income and employment insights from The Work Number to lenders during prequalification.

Which data does Income Qualify provide to mortgage lenders (EFX)?

Where available, it provides name/SSN, employer name, tenure, and prior-year total income alongside the Equifax Mortgage Credit Report.

How does Income Qualify affect the mortgage prequalification process for lenders (EFX)?

It aims to enable faster initial assessments with less borrower burden by supplying verified income and employment data earlier in the process.

What pricing change did Equifax (EFX) announce for VantageScore 4.0?

Equifax said it will offer VantageScore 4.0 mortgage scores at an over 50% reduction from FICO 2026 prices and hold a $4.50 price for two years.

Will Equifax (EFX) include VantageScore with FICO purchases?

Yes; Equifax is offering a free VantageScore credit score with each FICO score purchased from Equifax.