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What are the benefits of using this integrated verification process?

There are several key benefits to using this process:

  • Cost Savings: Users can see 60-80% cost savings compared to using traditional verification databases.
  • Faster Processing: Verifications are digital and available as early as point-of-sale, which leads to faster overall loan processing.
  • Efficiency & Accuracy: The automatic sync of verification data from TPO Connect directly into the lender's Encompass LOS minimizes manual data entry, reducing errors and increasing efficiency.