FormFree has partnered with ICE Mortgage Technology to make its AccountChek 3n1 asset, income and employment verification service available in Encompass.
The new API integration allows lenders to order, manage and review verification of asset (VOA) and verification of income/employment (VOIE) reports with a single provider selection in Encompass.
FormFree says its AccountChek 3n1 securely delivers direct-source VOA and VOI/E data in less than a minute, significantly shortening loan application timelines and collecting critical underwriting documents earlier in the application process.
“Now mortgage lenders can get all three core verifications — assets, income and employment — from one trusted partner within the familiar Encompass environment,” said FormFree CEO Brent Chandler. “By combining VOA and VOIE, FormFree’s AccountChek 3n1 eliminates the cost and headache of managing multiple vendors, helps loan teams work more efficiently and delivers a world-class borrower experience that expedites pre-approvals and increases loan pull-through.”
For over 10 years, FormFree VOA has helped borrowers skip the paper chase when qualifying for a loan. Borrowers send their direct-source financial data straight to lenders in an underwriting-friendly format that reduces delays, manual errors and fraud risk. Real-time insight into borrowers’ assets, income and employment enables better credit decisioning.