Employment and Income Verification
Accurate helps you to ensure regulatory compliance, improve accuracy and mitigate the fraud risk associated with borrower reported income and employment. Outsourcing this time and expense consuming task allows you to focus on making more, new loans.
- Employment Verification - Obtained directly from the current employer or any third party the employer has contracted with including place of employment, position held & length of employment & status.
- Income Verification - Obtained directly from the current employer or any third party the employer has contracted with and/or its is extracted info from companies payroll system, base + other comp with up to 3 years history plus year-to-date.
- IRS Transcript of Tax Return Service - we have automated the 4506T process to help improve the efficiency of this process.