The week before a loan closing date can be a frenetic effort to gather all the pertinent information required to complete the closing. Loan origination software and several accordion folders may help, but there is always the chance that important final steps might be put on the backburner just a bit too long.

Verification of Employment is a crucial step to the loan origination process. The loan process can take several months and it is important to check that the borrower’s employment information is that which they represented on their application. Fraud is all too common in the mortgage industry, and the best defense is taking preventative measures.

When clients sign up with Advanced Data’s Verification of Employment services, they ensure that borrower employment will be verified before closing. A request can be submitted the first day the borrower comes in and will often be completed the very same day! Make sure to contact Advanced Data to learn more about our exclusive re-verification process.

Let Advanced Data keep track of this aspect of the loan origination process. By completing a few simple fields in the state of the art web application, a request will be submitted, and that’s it! Between the functionality of the software and the dedicated staff, Verification of Employment will never compromise closing.

Clients will receive a report before closing that will indicate whether the borrower has the same employment record as indicated on the loan application.

Once a request is submitted with Advanced Data, the verification experts will contact employers, even those difficult to reach.

Submitting Form 1005 and filling out a few fields in Advanced Data's secure software is now all clients need to do to receive a Verification of Employment.

Advanced Data offers a consistently high level of customer service. Superior service is given to all clients and tailored solutions are provided to suit specific needs.

Advanced Data offers an exclusive re-verification process which means the most accurate information can be included in a borrower’s file.

Records are delivered through a secure web connection ensuring data is protected. This also provides a green, paperless advantage.