Income Verification
Lenders must verify applicants’ income to ensure they have the financial capacity to meet their loan obligations.
Cost-Effective
We offer the best value for money on the market. Our cost per outcome is generally the most competitive.
Agile
We move fast and have the ability to ramp up complex engagements with urgency and speed.
Quality & Accuracy
We pride ourselves on maintaining 99.95% accuracy levels as well as 100% uptime for our clients’ most mission critical processes.
Secure
We value and respect our clients’ data and intellectual property, and our operations are secure and monitored.
Lenders must verify applicants’ income to ensure they have the financial capacity to meet their loan obligations. However, income verification can be tedious and time-consuming, and it often makes more sense to outsource this process to an expert provider like Assivo.
We gather all necessary income documentation from applicants, including pay stubs, tax returns, bank statements, and employment verification letters. Our team thoroughly reviews each document to ensure authenticity and accuracy, cross-referencing information where necessary to detect any inconsistencies or discrepancies.
We are familiar with the nuances of various income sources, such as salary, self-employment income, rental income, and investment returns, allowing us to accurately assess and verify the full scope of an applicant’s earnings. The Assivo team ensures that all information is obtained in compliance with industry regulations and privacy standards, safeguarding both the lender and the applicant throughout the process.
Finally, we compile a comprehensive income verification report, summarizing our findings and providing a clear picture of the applicant's financial stability. This report is designed to integrate seamlessly into your underwriting process, facilitating quicker and more informed decisions.
90%+ Client Retention Rate
We have a 3-year client retention rate of over 90%. Additionally, over 87% of our clients expand their relationship with Assivo into multiple functional areas after successfully outsourcing their first process to us.
40–60% Average Operating Cost Savings
Our client companies achieve an average cost savings of 40–60% as compared to their in-house operating costs. We convert our clients’ fixed costs into variable costs. We also reduce their recruiting, training, and retention issues.
99.95% Accuracy & High Reliability
Our team has delivered 99.95% accuracy to our clients and continues to do so on an ongoing basis. Our operations are built to maximize accuracy, while maintaining industry-leading uptime. Our clients rely on Assivo to work on their most mission-critical processes.
Trusted by Leading Organizations for Our Reliability, Experience & Expertise
Define
Share your unique challenges and work requirements, and we’ll create a custom proposal just for you.
Test
Start with a pilot program to see your workflow in action, and we’ll discuss your feedback along the way.
Launch
Go live with a fully trained team of outstanding Assivo staff. Your dedicated team will be overseen by a capable project manager to ensure your needs are met.
Manage & Scale
Provide feedback & growth metrics, and we’ll manage your team’s productivity, work output quality, and size.