Verifications

Verification of Assets

Find exactly the information you need to verify your borrower's assets and move ahead with the rest of your loan-originated process.

VOA EXAMPLE REPORT

Verification of Deposit

Traditional Verifications of Deposit (VODs) can take too much time. Advanced Data makes it easy for you to collect automated verification of deposits, liabilities, and assets collected from financial institutions like Bank of America, Chase, SunTrust, Capital One, and more.

Verification of Employment / Verification of Income

Our Verficiation of Employment (VOE) and Verifcation of Income (VOI) specialists have maintained an industry-leading success record of 99.999% for well over a decade. Our extensive experience and vast knowledge-base are backed by proprietary technology that optimizes employment and income verification processes.

VOE EXAMPLE REPORT

VOI EXAMPLE REPORT

Verification of Mortgage

A Verifcation of Mortgage (VOM) confirms a borrower's mortgage payment history, current balance, monthly payments, and any late payments. What sets Advanced Data's VOM solution apart? Our low-cost, efficient, and user-friendly VOM service streamlines the origination process for mortgage lenders.

VOM EXAMPLE REPORT

Verification of Rent

Our Verification of Rent (VOR) service makes checking a borrower's rental agreement conditions quick, easy, and affordable! With a team of experienced customer support professionals and our platform's unmatched capabilitiesm, we complete most VORs within just a few days.

VOR EXAMPLE REPORT

Social Security Number Verification

With our Social Security Number Verification services, lenders can...

Choose a more extensive check of a borrower’s Social Security Number.
Take advantage of our configurable, proprietary technology that makes customization an efficient, straightforward process.
Opt to check a Social Security Number against the individual’s address, phone number, driver’s license, and even against the Office of Foreign Assets Control (OFAC) list.

Advanced Data not only verifies Social Security Numbers, but we also cross-reference them with the borrower's date of birth and name to ensure there are absolutely no surprises. This three-tiered check gives mortgage lenders extra protection against fraud – a level of service few competitors match.

SSNV EXAMPLE REPORT

ITV Income Tax Verification

Need to know a borrower's true income fast? Advanced Data offers one of the quickest Income Tax Verifications (ITV) turnaround rates in the mortgage industry – generally completing ITV reports withing 48 to 72 hours.

ITV EXAMPLE REPORT