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Blog
View all blogsYou've been lied to, and it's not pretty. Coverage and hit rate are popularly touted as the success metrics for income verification, but they're not what matters most.
While borrowers look for affordable loans, costs to originate a mortgage loan necessitate leaner lending operations.
Discover how lenders can implement mortgage quality control to streamline loan origination processes, mitigate risks, and reduce loan production costs.
Mortgage lenders can now access the Truework platform directly within the Empower® loan origination system.
Success Stories
View all StoriesAs a member-owned credit union since 1938, Wings Financial has long put an emphasis on maximizing the member experience in order to strengthen relationships and grow business. With 333,000 members and counting, Wings has used this approach to position itself as one of the nation’s top 40 credit unions.
With a dedication to improving the borrower experience, NJ Lenders Corp. has grown to service more than 17 states and close over 100,000 mortgage loans. To continue making improvements during a challenging market environment, they needed to maximize automation and efficiency in order to reduce costs and increase pipeline capacity across their mortgage business.
Octane is revolutionizing recreational purchases, like power sports vehicles, outdoor power equipment, and RVs, by delivering a seamless, end-to-end digital buying experience. To provide access to financing as fast as possible, fund more loans, and increase efficiency, they needed to instantly verify income for potential customers
Knowledge
Visit Knowledge CenterUnlike the disaster assistance loan, you cannot directly apply through SBA's website. You must apply through a lender that's eligible to originate SPA loans.
Security is an area that’s often overlooked during the verification process, and this could end up being a costly error for you and your team. Fortunately, it’s a problem with a clear solution.
There are several crucial steps to confirming that a new employee is eligible for work, but perhaps none more important than the Employment Verification Form I-9.
Employment verification is the process of proving current or past employment, whether on the part of an employee or an employer.