Imagine what it would look like to simplify your borrower verification processes. Optimize your workflow, avoid delays, and reduce costs with our product lineup, which streamlines and automates how required borrower information is gathered and verified, so you can complete more loans.
Click on the product names below for more information:
Verify every borrower, every time with Verification of Employment and Income (VOE/VOI)
Our three-step waterfall workflow is designed to find and gather employment and income data from all borrowers:
Instant verification — Our integration with The Work Number® (TWN) provides instant verification for employers listed in the TWN database. This step is approved for Fannie Mae Day 1 Certainty®, which offers an added level of protection and freedom from reps and warrants.
Automated verification — We will initiate additional automated verification sources if your borrower’s employer does not report employment and income data to TWN, often returning results within 24 hours.
Manual verification — Our team will initiate a manual verification if your borrower’s employer does not report data to any third-party service.
SSN Confirm checks and verifies Social Security information
Our access to the Social Security Administration will not only verify an applicant’s name, date of birth and Social Security Number in minutes, it will also help you meet fraud and compliance requirements. SSN Confirm is also available in batch format for processing multiple reports at once.
Verification of Assets (VOA) compiles asset data in minutes
Say goodbye to time-consuming, exasperating, and manual asset verification. VOA provides an easier and more secure way to collect asset information, such as depository and investment accounts, by going directly to your borrower’s financial institutions. Data is protected by encryption, multi-factor authentication, and virus scanning.
Verification of Military Status (VOMS): Convenient, cost-effective, and SCRA-compliant
To ensure that members of the armed services receive all benefits granted to them under the Servicemembers Civil Relief Act of 2003 (SCRA), our automated process quickly and reliably searches the U.S. Department of Defense records to verify required data, such as historical active-duty periods, date of discharge, and future call-up to active-duty notifications.