Streamline the Mortgage Verification Process

Verify homebuyers’ information quickly with mortgage verification solutions that help create a better overall experience.
Product Sheet

 Introducing Mortgage Flex™ View

Purchase a preview of the available employers associated with an individual and select and
purchase the most relevant records for the application

Instant Verification of Employment and Income for Mortgage

Homebuyers want a fast, low-friction purchasing process - one where lenders take care of employment and income verification for mortgages without asking for pay stubs or employment verification letters. As a lender, you want fast and efficient mortgage verification solutions to help ensure a positive borrower experience. Everybody wins with the Verification of Income (VOI) and Verification of Employment (VOE) mortgage products from The Work Number®.
VERIFY APPLICATION DATA INSTANTLY
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Solutions Built for Mortgage


Meet your customers' expectations with an effortless, digital solution.


Discover how we help speed your business and your customers throughout the mortgage loan process.
*2019 Equifax Consumer Study / SurveyMonkey
**Ellie Mae 2019 Borrower Insights Survey

Application

Lenders maximize the benefits of automated income and employment verification when used early in loan origination. Ensuring an applicant’s “ability to pay” from the start can help prevent delays later, potentially shortening the time to close.

See how our solutions help at the application stage

Provides available income and employment records dating back 90-days from the request, as well as available inactive records going back 24 months ( up to 4 verifications with the same filters (VOI or VOE) included).

Best For: Verifiers needing multiple income and/or employment verifications during loan origination.

Provides available income and employment records dating back 24-months from the request, for a borrower and co-borrower (active and inactive records). Includes an additional VOI or VOE for both borrowers.

Best For: Verifiers needing to obtain income and/or employment verification for a borrower and a co-borrower.

Best For: Verifiers needing to obtain income and/or employment verification for a borrower and a co-borrower.

Provides available income and employment records dating back 24-months from the request, for a borrower (active and inactive records). Includes up to 2 VOI or VOE, plus 1x manual VOI/E, and IRS Transcript (4506-C).

Best For: Verifiers who may need to verify income and/or employment from multiple sources (for one borrower).

Provides available income and employment records dating back 24-months from the request (active and inactive records). Includes up to 2 VOI or VOE, plus 1x manual VOI/E, and IRS Transcript (4506-C) (for a borrower and a co-borrower).

Best For: Verifiers who may need to verify income and/or employment from multiple sources (for a borrower and a co-borrower).

Provides available income and/or employment records dating back 60-days from the request, as well as available inactive records going back 24 months.

Best For: Verifiers wanting the most recent income and/or employment records, and access to historical payroll data.

Provides available income and employment records dating back 90-days from the request, as well as available inactive records going back 24 months ( up to 4 verifications with the same filters (VOI or VOE) included).

Best For: Verifiers needing multiple income and/or employment verifications during loan origination.

Provides available income and employment records dating back 24-months from the request, for a borrower and co-borrower (active and inactive records). Includes an additional VOI or VOE for both borrowers.

Best For: Verifiers needing to obtain income and/or employment verification for a borrower and a co-borrower.

Provides available income and employment records dating back 24-months from the request, for a borrower (active and inactive records). Includes up to 2 VOI or VOE, plus 1x manual VOI/E, and IRS Transcript (4506-C).

Best For: Verifiers who may need to verify income and/or employment from multiple sources (for one borrower).

Provides available income and employment records dating back 24-months from the request (active and inactive records). Includes up to 2 VOI or VOE, plus 1x manual VOI/E, and IRS Transcript (4506-C) (for a borrower and a co-borrower).

Best For: Verifiers who may need to verify income and/or employment from multiple sources (for a borrower and a co-borrower).

Point-of-Sale

Our digital, cloud-based verifications solutions can increase the ease, transparency and efficiency of loan origination for lenders and borrowers.

See how our solutions help at the point-of-sale stage

Underwriting

Income verification is one of the central parts of the mortgage underwriting process. Lenders can leverage The Work Number for a 60-day or 12-, 24-, 36- or 60-month view of an applicant’s employment history.

See how our solutions help at the underwriting stage

Provides available income and/or employment records dating back 60-days from the request, as well as available inactive records going back 24 months.

Best For: Verifiers wanting the most recent income and/or employment records, and access to historical payroll data.

Delivers all available active and inactive records associated with a potential borrower for a verification of employment and/or income.

Best For: Verifiers wanting the most recent income and/or employment records, and access to historical payroll data.

Provides a 12-month view of a borrower’s income and/or employment history (active and inactive records).

Best For: Quick processing of creditworthy borrowers who require limited income and/or employment history to gain approval.

Provides a 24-month view of a borrower’s income and/or employment history (active and inactive records).

Best For: Verifiers needing to obtain the 2 years of available income and/or employment history data required by standard Government-sponsored Enterprises (GSE) guidelines.

Provides available income and/or employment records dating back 36-months from the request (active and inactive records).

Best For: Helping verifiers with loan decisioning, underwriting and/or risk decisions related to a more complicated consumer income profile.

Provides a 60-month view of a borrower’s income and/or employment history (active and inactive records).

Best For: Supporting verifiers with loan decisioning, underwriting and risk decisions for highly complex consumer income and/or employment profiles.

Provides available active employment records dating back 60-days from the request.

Best For: Verifiers needing employment verification specifically for loan closing.

Provides available current and prior employment records dating back 35-days from the request.

Best For: Providing a tailored view of employment data that aligns with loan closing requirements.

Closing

Gain peace of mind to help ensure an applicant is still employed and nothing has changed since application and underwriting.

See how our solutions help at the closing stage

A Quicker Path to Closing

See how using The Work Number for  verification of mortgage information can help improve the customer experience and speed time to close at different points throughout the origination process.
TURN TO EQUIFAX FOR YOUR MORTGAGE VERIFICATION NEEDS

Cost and Time Savings

Save costs at every step, including processing and underwriting. You may be able to save time with solutions approved for GSE validation programs.

Improved Borrower Experience

Instant verification of employment and income creates an efficient, borrower-friendly process that’s fast, private, and easy.

Process Efficiencies

Mortgage employment verification and income verification from The Work Number helps eliminate manual work and reduce the risk for human error.

Streamline the Proof of Income for Mortgage Experience

Reduce the need to collect pay stubs and other pay-related documentation when verifying income and employment for mortgages.

CONNECTIONS AND EASY-TO-USE INTEGRATIONS

We build relationships with mortgage technology providers that help allow for a seamless user experience for Income and Employment Verification. Learn more about working with us or see if we already integrate with your platform.
SUCCESS STORY
The Equifax team was very proactive and innovative in defining a solution for our manual VOE needs. They took the time to understand our needs and then they launched a well designed and executed plan with no surprises. The Equifax team did exactly what they said  they would, delivering a quality and cost-effective solution.
Top 5 Mortgage Lender, Ops Director

Convergence: The Value of Employment and Income Information in Today’s Dynamic Lending Landscape

Learn how lenders can use data to build business with better visibility, and easier processes
The Work Number - Convergence: The Value of Employment and Income Information in Today's Lending Landscape Video Resource - Video Player - In the background, there are various shapes and data graphs scattered around the image.
Blog

Explore Verification Blogs

Visit the Verification Views™ blog to learn more about how we can help give you a more informed view of individuals with timely, informative articles.

Not Sure What You Need?

Contact us to learn about the best mortgage solutions tailored to your mortgage process. 
Looking to download or manage your individual Employment Data Report? Visit Employees.TheWorkNumber.com