[et_pb_section fb_built=”1″ _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”Page Title” _builder_version=”4.9.11″ _module_preset=”default” header_font=”|700|||||||” header_text_color=”#333333″ global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_text admin_label=”What is Veri-Fy\u2122 ?” _builder_version=”4.9.11″ _module_preset=”default” header_3_font=”|700|||||||” header_3_text_color=”#F78E1E” global_colors_info=”{}”]<\/p>\n
Veri-Fy\u2122 is the perfect solution for correspondent lenders eager to re-verify income data fast! In conjunction with the increases in lending compliance rules, Veri-Tax\u2019s Veri-Fy\u2122 is an instant way to prove the submitted tax transcripts by brokers, primary lenders, and other financial entities are direct from the IRS.<\/p>\n
[\/et_pb_text][et_pb_text admin_label=”Veri-Fy\u2122 Product Highlights:” _builder_version=”4.9.11″ _module_preset=”default” header_3_font=”|700|||||||” header_3_text_color=”#F78E1E” global_colors_info=”{}”]<\/p>\n
Veri-Fy\u2122 authenticates that every IRS tax transcript has been delivered directly from the IRS database. Underwriters, lenders, and financial institutions can now perform their own due diligence by instantly re-verifying submitted income data on Veri-Tax\u2019s secure online platform.<\/p>\n
The order number and authentication code placed on the transcript summary page grants access to original borrower income tax transcripts processed by VeriTax, without the time and cost of processing a new 4506-T. Loans can be securely bought and sold with accurate and verified income data, helping prevent fraud and mitigate risk throughout the lending process.<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.9.11″ _module_preset=”default” background_color=”#F78E1E” custom_margin=”20px|auto|20px|auto|true|false” global_module=”238″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”][et_pb_button button_url=”\/request-a-demo” button_text=”Request a Demo” button_alignment=”center” admin_label=”Request a Demo” _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”][et_pb_text admin_label=”How Veri-Fy\u2122 Can Help You” _builder_version=”4.9.11″ _module_preset=”default” header_3_font=”|700|||||||” header_3_text_color=”#F78E1E” global_colors_info=”{}”]<\/p>\n
XYZ Lending Corporation underwrites loans submitted by wholesale lenders, internal loan officers, brokers, and other organizations within the mortgage industry. In order to prevent income fraud by borrowers and mortgage insiders, XYZ processes the 4506-T again, even when tax transcripts are already included in the submitted loan documents. Once the newly requested transcripts are returned, the old and new income data is compared. This takes time, adds additional costs, and can create discrepancies in finalizing loans for purchase.<\/p>\n
[\/et_pb_text][et_pb_image src=”https:\/\/www.veri-tax.com\/wp-content\/uploads\/2021\/08\/Veri-fy1.jpeg” title_text=”Veri-fy1″ align=”center” _builder_version=”4.10.8″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” alt=”How Veri-Fy\u2122 Can Help You Chart” sticky_enabled=”0″][\/et_pb_image][et_pb_text _builder_version=”4.9.11″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
XYZ Lending Corporation now uses Veri-Fy to mitigate risk throughout the underwriting process by re-verifying borrowers\u2019 income date directly from Veri-Tax. Rather than relying on the authenticity of tax transcripts submitted in loan documents by wholesale lenders, internal loan officers, and other mortgage organizations, XYZ Lending Corporation accesses the original IRS tax transcripts by entering the unique authentication code on the transcript into Veri-Tax\u2019s secure online platform. The original transcripts are generated and available for download instantly!<\/p>\n