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WHITEPAPER

4 considerations for calculating non-traditional income

Explore how, with the automation of income verification and calculation, lenders can verify applicant income to manage risk and assess their ability to repay – in less time and with greater confidence.

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Across all types of lending, calculating and verifying income can be a daunting, manual and time-consuming task, especially with the increase in borrowers with non-traditional income.

When done manually, this complex workflow requires a large team performing repetitive, tedious tasks that bottleneck the origination process. To maintain efficiency, accuracy and confidence in their decisions, lenders need a solution that standardizes, streamlines and automates income calculations.

Learn how by automating income verification and calculation, lenders can verify applicant income to manage risk and assess their ability to repay – in less time and with greater confidence.

Takeaways

001

The need for standardized calculations for accuracy and efficiency

002

Benefits of automated income verification

003

4 considerations for calculating
non-traditional income

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