A Better Mortgage Experience

Each record available via The Work Number describes an individual’s employment with a specific employer. The Work Number currently provides access to over 110 million active records, and growing. One person may have multiple employment records on the database. For example, if someone has held several jobs, there may be records of employment with multiple employers, including current and previous employers.

Equifax receives new information directly from its employers' payroll systems on a per-pay-period basis — each time an employer runs payroll. Our employers send us information in a secure, specified file format at specified time intervals. That information is instantly loaded into Equifax’s employment and income database, The Work Number. This helps ensure that current information, as provided by employers, is available to businesses that need proof of employment or proof of income for mortgage loans or other types of lending.

The information accessible via The Work Number database is contributed by more than a million small, medium and large U.S. employers across a variety of sectors. These businesses rely on Equifax Verification Services to fulfill income and employment verifications for their employees. When employees apply for credit and other services, their employment and income information often needs to be confirmed, and verifications from The Work Number help provide this confirmation in an instant, streamlined manner. For example, an employer can direct lenders to The WorkNumber for income verification for mortgage loans.

Equifax Verification Services helps organizations verify applicant or borrower employment and income information. Products made possible via The Work Number database include mortgage verification solutions that provide proof of employment for mortgage lenders. The employment and income records on The Work Number database are made available to us by more than 1 million small, medium and large employers nationwide and are updated each payroll cycle. The Work Number database can be accessed by logging into a The Work Number account, via batch file upload or through system-to-system integration.

Mortgage lenders often use The Work Number for mortgage financing verification. Equifax Verification Services offers several mortgage employment verification and income verification for mortgage solutions that are ideal for key milestones throughout the lending process. For example, the Mortgage Ultimate solution includes the initial income verification as well as additional pre-close re-verifications. There are also solutions that are ideal for the account review process that may rely on income and employment verification after closing.