Transform the Traditional
CoreLogic AutomatIQ® Borrower Tax Transcripts
Borrowers want streamlined digital mortgage processes
Those in the youngest generation of homebuyers are seeking a more digital (or even fully digital) mortgage process.
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90% of homebuyers want digital mortgage verification, up from 63% in 2021
Source: Fannie Mae®
Mortgage lenders that offer more digital solutions set themselves up for success in the future.
Room for improvement
The current process for requesting tax transcripts is often slow and prone to errors.
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It takes 3–4 days, on average, to get tax transcripts
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More than 1 in 10 transcript orders are rejected by the IRS
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84%+ of those rejections are due to incorrect address, name, or SSN
Bring modern efficiency to traditional methods
CoreLogic's AutomatIQ Borrower Tax Transcripts solution leverages our partnership with Halcyon and the IRS's API to deliver several options for secure, digitized experiences.
One solution, three offerings
With our comprehensive suite of verification options, lenders can meet the dynamic needs of each
borrower and transaction.
4506-C Direct
This form-and-fax option offers a reliable, comprehensive view of a borrower’s financial history.
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Widely adopted industry standard
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Up to 10 years of IRS-verified income data
4506-C Borrower Assisted
Borrowers assist in the transcript retrieval process to help reduce turnaround time while maintaining reliability.
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Uses API integration with IRS
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Near-real-time digital income verification
In case of delay from the borrower, an automatic fallback defaults to the 4506-C Direct option to
keep the process moving.
Form 8821 via Halcyon
This option is the newest addition to the AutomatIQ Borrower Tax Transcripts suite.
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A Fannie Mae® and Freddie Mac®-approved solution
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Fastest and most cost-effective solutions for lenders who need speed and comprehensive data