Collecting, transmitting and processing physical income, asset and employment verification paperwork is immensely stressful for borrowers, in addition to being an extremely resource intensive and time consuming exercise for lenders. Faster than gathering paper documents and easy to use on any device, FormFree technologies significantly streamline the mortgage underwriting process for both borrowers and lenders, resulting in quicker decisions, higher borrower satisfaction and a more fraud-resistant loan process.
- More than 100 vendor integrations, thousands of lenders use AccountChek to verify borrower assets, employment and income
- Helped lenders reduce average time-to-close by up to 10 days or more, as corroborated by both Fannie Mae and marquee lenders like Guaranteed Rate
- Signed more than 700 lender clients, including 50% of the nation’s top 80 mortgage originators
- AccountChek is available for more than 90% of mortgage transactions nationwide
