Overview

Integrate Truv’s Verification of Income and Employment (VOI/E) solution with nCino's point-of-sale system to streamline and secure the process of accessing borrowers' income and employment data.

Key Benefits

• Seamless Verification: Effortlessly confirm employment and income details.
• Accurate Data: Retrieve precise information from verified sources.
• Faster Decisions: Accelerate the verification process for quicker decision-making.
• Comprehensive Access: Ensure a smooth experience with complete access to essential borrower data.

How it works

There are 2 ways to use Truv within the nCino Mortgage Suite Platform

• Truv Embedded Workflow: Enable Truv within the loan pre-application workflow. Borrower/co-borrowers are able to complete Income, Employment, Assets verification as they complete their application.
• Truv Notifications Workflow: In this integration, borrowers/co-borrowers are notified(via email & SMS) immediately as they complete their pre-application. Once Income, Employment, Assets verification are completed reports, files and documents are returned to both POS & LOS automatically.

Truv Embedded Workflow

1. Pre-Application Stage: Borrowers and co-borrowers are prompted to connect their payroll accounts in the Verify Income and/or Verify Assets section of their loan application using Truv.
2. Account Connection: Once accounts are linked, Truv provides reports within your chosen Loan Origination System (LOS).
3. Ongoing Monitoring: Linked accounts are continuously monitored for new payroll documents, generating updated verification reports throughout the mortgage loan origination process.

Truv Notifications Workflow

1. Pre-Application Stage: Borrowers and co-borrowers complete their pre-application.
2. Notifications Step: Upon application submission, borrowers and co-borrowers are notified via email and text notifications to complete their Income, Employment and Asset verification.
   • Products are configured in Templates in Truv Dashboard.
   • Based on the Templates used, borrowers are prompted to verify income or employment or assets or both.
3. Account Connection: Once accounts are linked, Truv provides reports within your chosen Loan Origination System (LOS).

Refer to the detailed step-by-step guide to configure Truv Notifications Workflow.

See Truv in Action in nCino (fka SimpleNexus)

Truv Embedded Workflow

For a brief overview of the Truv Embedded workflow within nCino, watch the video below:

Truv Notifications Workflow

For a brief overview of the Truv Notifications workflow within nCino, watch the video below:

Launch with Truv in nCino (fka SimpleNexus)

1. Admin Setup: Contact your nCino customer success team to complete the one-time Admin setup.
2. Enable Truv: Activate Truv within the nCino system.
3. Customize Templates: Adjust templates in the Truv Dashboard to fit your needs.
4. Sandbox Testing: Test the integration in Sandbox mode to become familiar with Truv.
5. Production Access: Obtain production access for full integration with Truv, nCino, and submission to DU and LPA systems.
6. Go Live: Launch Truv within nCino.

Refer to the detailed step-by-step guide to launch Truv within nCino.