Income Verification
SAVE TIME, CONFIRM EARNINGS, PREVENT FRAUD
Get the information you need quickly and
efficiently with our Income Verification service.
This service provides electronic IRS transcripts
allowing you to validate a borrower's earnings
and make more sound lending decisions. It can
also be useful when a borrower cannot provide
hardcopy proof of income needed for
underwriting.
NEED PROOF OF INCOME?
Whether it's a simple case of misplaced tax
returns, confirming the income of a self-employed
borrower, or detailing significant
commission income, our Income Verification
service helps you get the data quickly directly
from the IRS. Requesting such information from
the IRS would take anywhere between 16 to 60
days to receive the same data. DataClick™ will
deliver the transcripts electronically in just 1 to 2
business days!
PREVENT FRAUD BEFORE IT HAPPENS
In any given year, more than half of all
fraudulent loans contain falsified tax return and
income data.. With the increase in technology,
statistics show that fraud is escalating at an
alarming rate. Guard against these losses by
using DataClick's Income Verification services.
DataClick™ has now made Fraud Prevention a
Pre-Funding possibility!
REDUCE LENDING RISK AND EXPOSURE
As borrowers become more adept at altering
tax returns and income documentation to obtain
a loan, Lender's exposure to income fraud is
increasing. The only reliable way to verify tax
and income information is to compare the
material provided by the borrower with what
was actually filed with the IRS.
FEATURES
• 24-48 Hour Turnaround
• Transcripts Delivered Electronically
• Single, Joint, or Business Filings
• Up to 4 Years of Tax Returns
• Option of Tax Filing Verification Only -
Useful when only proof of filing is needed
• W2 Transcripts at No Additional Charge
Download Info Sheet
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