Truework, which offers income and employment verification for mortgage lenders, is now integrated with the Exchange network of mortgage-specific service providers available to customers of the Empower loan origination system (LOS) by Dark Matter Technologies.
With this integration, mortgage lenders can access the Truework platform and verify U.S. employees’ income and employment directly within the Empower LOS.
Lenders have been migrating to Truework for its industry leading 75% completion rates and use of multi-method verifications to seamlessly orchestrate income requests for any borrower.
Now, Empower customers can access this advantage directly within their Empower LOS.
Lenders like Ross Mortgage and Lake Michigan Credit Union have already started the enablement process for Truework inside their Dark Matter instance. This new approach lets Empower LOS users take advantage of more efficient underwriting processes, cost savings, and transparency.
Processors can view real-time updates on every verification request directly within the Empower LOS, enabling faster processing times and improving the borrower experience.
“Customers of the Empower LOS can now deliver a better experience for borrowers while taking advantage of maximum time-saving and cost-reduction benefits with Truework’s all-in-one platform,” says Ryan Sandler, CEO and co-founder of Truework, in a release. “This integration gives processors using the Empower LOS access to an automated one-stop-shop for all of their income and employment verification needs, along with full transparency and status updates for each request.”