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Income
Perform income verification for consumers with diverse employment profiles
Calculate and verify income for a variety of use cases, including both traditionally and non-traditionally employed borrowers with income verification software.
Lenders need to estimate and verify applicant income in order to manage risk, determine exposure limits, and assess their ability to pay.
Verify borrower income in minutes
Ocrolus automated income verification goes beyond digitizing data, generating pre-defined analytics to help lenders determine a borrower’s creditworthiness.
Our income verification software supports multiple income calculations for traditionally-employed and self-employed borrowers using documents such as pay stubs, W-2s and other tax forms, pension award letters, and Social Security award letters.
Develop robust, data-driven income verification
Ocrolus bank statement, paystub, and tax form powered income analytics provide lenders insight into the nature of income, from salaried vs. hourly, to single vs. multiple jobs, to traditional vs. gig employment.
Increase loan originations with an expedited underwriting process
Sophisticated and automated income verification helps lenders speed up the entire underwriting process for a better, faster borrower experience.
Ready to go?
Find out how we can help you automate income verification and calculations to accelerate underwriting.
We're enhancing the Blend platform with Ocrolus' automated, accurate document classification and data extraction capabilities. Our partnership with Ocrolus enables us to swiftly deliver time-saving innovations to our customers.”