With a direct connection to the Social Security Administration, Advanced Data is not only able to provide clients with the most trusted results, but also the speediest. By simply completing a few fields in Advanced Data’s state of the art web application, clients are able to check the accurate association between the borrower name and social security number provided. Advanced Data provides reliable data you need when you need it, and social security number verification is available in an instant.
Advanced Data provides a direct connection to the SSA to authenticate the borrower’s Social Security Number. This SSN Verification confirms the information provided by the borrower on loan documents, protecting lending institutions from misrepresentation and helping you comply with the Red Flag Rules. This verification will validate that the social security number provided is associated with the borrower name. The results will be reported as “Valid” or “Active”.
Other companies providing SSN Verification can only verify that the social security number is active, not the name associated with the number. Because of Advanced Data’s direct link to the Social Security Administration, our SSN Verification services can determine that a name and social security number are validly linked. This information connection provides a true verification.
