Home Lending Implementation Guide

Truv provides comprehensive income and employment verification solutions specifically designed for mortgage lenders and Home Equity Line of Credit (HELOC) providers. This guide covers implementing Truv's verification platform to meet the stringent requirements of home lending, including the ability to connect multiple employments for complete 24-month verification history.

Overview

Home lending requires thorough income and employment verification to assess borrower creditworthiness for mortgages and HELOCs. Truv's platform enables lenders to:

• Verify comprehensive employment history covering the required 24-month period
• Connect multiple employment sources through embedded orders for complete income picture
• Obtain GSE-approved reports for Fannie Mae and Freddie Mac compliance
• Streamline mortgage workflows with automated document collection
• Support HELOC applications with real-time verification capabilities

Why Use Embedded Orders for Home Lending

For mortgage and HELOC applications, borrowers often have multiple employment sources within the required 24-month verification period. Embedded orders allow you to:

Multiple Employment Connections

• Connect current and previous employers in a single workflow
• Capture income from multiple sources (full-time, part-time, contract work)
• Ensure complete 24-month employment history coverage
• Handle employment transitions seamlessly

Comprehensive Verification

• Obtain consolidated reports across all employment sources
• Generate user-level reports approved by GSEs
• Access detailed pay statements, W-2s, and employment records
• Support complex income scenarios common in mortgage lending

Mortgage-Specific Benefits

• GSE Compliance: Reports include specific identifiers accepted by Fannie Mae and Freddie Mac
• 24-Month Coverage: Ensure complete employment history for underwriting requirements
• Automated Documentation: Reduce manual document collection and verification time
• Risk Mitigation: Comprehensive verification reduces loan default risk

Implementation Paths

Choose the implementation path that best fits your existing home lending infrastructure:

1. Pre-Built Point-of-Sale Integration

Perfect for lenders using established POS systems:

• Quick Implementation: Go live in days with minimal setup
• No Custom Development: Leverage existing integrations
• White Label Options: Customize workflow with your branding
• Proven Solutions: Battle-tested with major mortgage POS platforms

Learn about pre-built POS systems →

2. Pre-Built Loan Origination System Integration

Ideal for lenders with integrated LOS workflows:

• Seamless LOS Integration: Direct integration with your loan origination system
• Automated Document Routing: Reports and documents automatically populate loan files
• Underwriting Automation: Trigger verifications based on loan conditions
• Multi-Channel Support: Retail, wholesale, and correspondent lending support

Explore LOS integrations →

3. Custom Implementation with Embedded Orders

For lenders requiring tailored solutions:

• Maximum Flexibility: Complete control over user experience and workflow
• API-First Approach: Integrate directly with your existing systems
• Custom Business Logic: Implement specific underwriting rules and conditions
• Scalable Architecture: Support high-volume mortgage operations

Get started with embedded orders →

Key Features for Home Lending

Multi-Employment Support

Embedded orders excel at connecting borrowers with multiple employment sources:

• Current full-time employment
• Previous employers within 24 months
• Part-time or seasonal work
• Freelance and contract income
• Self-employment documentation

Mortgage-Compliant Reporting

All reports include mortgage industry requirements:

• GSE-approved report identifiers
• AIM (Asset and Income Modeler) compatible data
• Comprehensive income calculations
• Supporting documentation (pay stubs, W-2s, 1099s)

HELOC-Specific Capabilities

Optimized features for Home Equity Line of Credit applications:

• Current income verification for qualification
• Employment stability assessment
• Real-time verification for faster approvals

Getting Started

Step 1: Choose Your Integration Path

Evaluate your current technology stack and business requirements:

• Using a supported POS? → Pre-built POS Integration
• Have an integrated LOS? → Pre-built LOS Integration
• Need custom solution? → Embedded Orders Implementation

Step 2: Configure for Home Lending

Regardless of your chosen path, configure your Truv implementation for mortgage and HELOC requirements:

• Enable multi-employment connections
• Configure 24-month verification periods
• Set up GSE-compliant reporting
• Establish document routing workflows

Step 3: Test and Launch

Validate your implementation with mortgage-specific test scenarios:

• Multiple employment connections
• Various income types and frequencies
• GSE report generation
• Document accuracy and completeness