Pre-approvals backed by verified income
Convert more applicants while underwriting with greater confidence. Modern lenders use verified income at the pre-approval stage to offer loan terms faster and deliver a better user experience.
Verified from the start
If the applicant is part of the Truework Instant network, verified income and employment data is returned.
Offer lower or guaranteed rates earlier in the application
Information can be pre-populated for a better user experience
Benefits
Confident pre-approvals
More accurate underwriting enables more competitive loan terms.
Increased conversions
Win more customers with instant loan terms.
Reduced friction
Auto-populate income and employment details for your applicants.
Better expands partnership with Truework to launch industry-first pre-approval product with Day 1 Certified income data
2x faster processing time for manual verifications
Reduced interval between pre-approval and rate lock
Expected 60% reduction in cost per lock
5% expected increase in conversion
One platform, many methods
Truework combines multiple verifications methods to maximize speed and coverage.
Instant reports, user-permissioned payroll data, and even manual outreach are all available individually or as a waterfall.
Learn more how Truework is used in your industry.
A trusted source
Truework is an authorized report supplier for Fannie Mae’s Desktop Underwriter® (DU®) validation service, a component of Day 1 Certainty®, and operates as a Credit Reporting Agency. We provide verifiers the most accurate information while allowing consumers to easily request changes to their reports if discrepancies are found.
Maximize coverage with a single platform
Truework provides an all-in-one solution to help you automate more verifications.
Credentials
Allow applicants to share payroll data directly in your application.
Documents
Automate income document parsing and fraud review.
Smart Outreach
Save time on manual verifications with automated outreach.
Ready to get started?
Easily integrate verifications into your loan workflow with our implementation guides and documentation, or speak to our team directly.
