Argyle | Doc VOI automated income verification report

BENEFITS

How Doc VOI is transforming verification waterfalls

Save operator time

Shift from manual document reviews to automated income verification, reducing workloads and speeding up processes.

Qualify earlier, get more relief

Confirm AIM-qualifying monthly income before submitting to LPA, and secure R&W relief on more borrowers by using payroll documents.

Lower costs

Reduce verification expenses by as much as 80% by moving from expensive legacy providers to Argyle’s modern solution.

Features

Rep & warrant relief on income calculations using payroll documents

Argyle retrieves docs & URLA information from the Encompass eFolder or uploaded via the Argyle API

how it works

why Argyle

Mortgage

Cindy Keith

Chief Strategy Officer, NFM Lending

INDUSTRY SOLUTIONS

Reduce production costs, increase pipeline capacity, and shorten loan cycles.

Improve data quality to spot application fraud, save time, and increase compliance.

Approve more qualified borrowers, more confidently with a better view of creditworthiness.

Improve data quality to spot application fraud, save time, and increase compliance.

Leverage real-time work activity to enhance products and reduce risk.

How does Doc VOI differ from other verifications provided by Argyle?
Doc VOI is an automated report of uploaded payroll documents leveraging optical character recognition (OCR) technology.
In comparison, Argyle Direct Connect verifications (payroll and banking) leverages direct data connections with consumers’ payroll and bank accounts to retrieve the most accurate and up-to-date consumer payroll and transaction data. With this data, it generates instant, GSE-authorized, direct-source VOIE, VOAI and VOA reports. It’s the lowest friction approach to verification because no party has to track down and upload traditional verification documents.
What do document based verification of income (Doc VOI) reports include?
The report includes qualifying monthly income (base, overtime, bonus, commission, and other), AIM eligibility, and more.
View sample report.
Is Doc VOI GSE-compliant?
Yes, Doc VOI is AIM Check-approved and Fannie Mae is coming soon.