How does the verification process work in the loan workflow?
- When a borrower reaches the income verification stage, they use Truv's secure interface to connect their payroll accounts.
- Once connected, the loan origination system automatically receives comprehensive Truv verification reports.
- If the borrower skips this step, a task or To-do can be created to prompt them to complete it later.
- The system continuously monitors connected accounts for new payroll information, keeping data current throughout the loan process.