Fast, compliant, fully-documented income analysis for the mortgage industry
IncomeXpert is a turnkey income analysis solution for loan underwriters at brokerages, credit unions, community banks, and in mortgage lending departments.
Our software automatically and simply walks underwriters through the steps required to determine a prospective borrower's income.
With IncomeXpert, underwriters are armed with calculators for every income type supported by agencies and a rules engine to ensure compliance with necessary regulations. The end result is that they can confidently provide the best recommended income to borrowers.
IncomeXpert PLUS unlocks additional convenience and cost reduction by using artificial intelligence for automated income analysis to do the tedious and manual income analysis for underwriting teams.
This solutions allows underwriters to upload tax returns, paystubs, and VOEs.
It scans the uploaded documents and determines the recommended income automatically. This allows underwriting teams to offload complicated loans for processing, reducing turn times and costs.
IncomeXpert calculates over 20 income trending factors for employed income and four trending factors for self-employed income. This allows underwriters to instantly spot declining, variable, and missing income. This ensures agency compliance.
We stand behind our calculations with Reps and Warrants on the calculated income. If our calculations are erroneous and lead to a loan buy back, we will cover the cost of the error. BluePrint has terms and conditions that apply and are available upon request.
IncomeXpert ensures clear reporting by removing underwriting teams’ use of manual spreadsheets and forms. IncomeXpert provides underwriters with multiple levels of reporting details, including trending analysis, income advisories, and summary totals.