FHLMC AIM Check
Run FHLMC AIM Check without leaving IncomeXpert — no re-keying data, no separate login.
Why FHLMC AIM Check?
Accurate Income
AIM Check accurately verifies income for wage-earning borrowers in accordance with Freddie Mac Selling Guide policy.
Better Underwriting
FHLMC AIM Check uses paystub and W-2 data, giving you a verified income figure instead of one calculated by hand.
FNMA Rep & Warrant Relief
Freddie Mac will offer lenders relief from enforcement of representations and warranties for the accuracy of the income calculation at loan delivery.
Why FHLMC AIM Check and IncomeXpert?
Automated Data Entry
IncomeXpert automatically extracts and enters the paystub and W-2 data FHLMC AIM Check needs — for every wage earner on the loan — eliminating manual keying and the errors that come with it.
Full Loan Analysis
IncomeXpert calculates every wage-earner income source on a loan file at once.
IncomeXpert shows both values for every income calculated — its own and FHLMC’s — so you can select whichever one supports your loan scenario.
Full Rep & Warrant Coverage
IncomeXpert provides reps and warrants on all income types — giving you comprehensive rep and warrant coverage for every income on the loan file, including the ones FHLMC AIM Check doesn’t reach.
How does it work?
1: Upload Paystubs & W-2s
Upload your borrower’s paystubs and W-2s and IncomeXpert will scan and extract the income data. IncomeXpert will automatically create income sources with the data from the supplied documents.
2: Review Loan
Once IncomeXpert has populated the loan data from the supplied paystubs and W-2s, the lender can review the loan file, address attestations, and finalize the submission to FHLMC AIM Check.
3: Submit data to FHLMC
When you are ready, you can submit the income data to FHLMC AIM Check directly from IncomeXpert. Results and advisories will be returned immediately. Lenders can save the findings and reports from IncomeXpert and FHLMC AIM Check in the loan file.
4: Submit income to LPA
Lender submits the qualifying income amount to Loan Product Advisor. If all conditions are met, the loan is eligible for enforcement relief from reps and warrants related to the income calculation.
AIM Check Information
Got Questions?
Book a discovery call with our team or request a demonstration.
Testimonial
I like that it is very user-friendly, especially with the aspect of changing calculation methods accordingly, per loan product type. It is nearly impossible to do an incorrect income calc with this software!
It’s a great product, and provides so much relief in underwriting.
User Friendly, And graphical representation make simple to understand.
I love that it consistently updates to the changes in rules and regulations for representatives. I love that I know that my income calculations will be the same no matter who on our team calculates it. That consistency is vital to fair lending, compliance and overall a strong loan portfolio!
It is very easy to calculate the income on Blueprint and the beautiful thing is you will get a detailed report generated which you and further review.
Everything about the software is awesome! Ever since I became a user back in 2016, my income calculations have gotten better, and my understanding of income has improved. I would recommend this program to any mortgage company, loan officer, or loan processor.
Frequently Asked Questions
FHLMC AIM Check is an income analysis tool created by Freddie Mac. It can be accessed via 3rd party integrators such as Blueprint.
FHLMC AIM Check is available to any lender doing business with Freddie Mac.
Currently AIM Checks supports wage-earner income verified through paystub and W-2 data.