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Linked Income Feature Overview

The Linked Income feature in IncomeXpert helps you qualify borrowers who have variable income and have changed jobs one or more times over the past two years. This is especially useful when analyzing income consistency across employment transitions. What is Linked Income? Linked Income allows you to combine income from multiple jobs — both current and previous — into a single, averaged income stream. This approach helps underwriters and loan officers establish a stable and

Adjust Selected Income

Overview The Adjust Selected Income feature will allow users with this permission to choose an income that was not recommended by IncomeXpert. The purpose of this feature is for companies to grant permission to certain users to deviate from the recommend values of IncomeXpert. These examples may include declining income that user feels is within acceptable tolerance, incomes that have less than the standard history, or income that may increase in the future, to name

Document Upload Interface

February 1, 2024 Blueprint is updating the user interface and the API for uploading tax and income documents when utilizing IncomeXpert PLUS. If you are not currently using IncomeXpert PLUS, this change notice won’t impact you. If your team does use IncomeXpert PLUS, you will need to disseminate this information to those users and development teams. What is changing? The order screen in IncomeXpert PLUS and the API endpoint for uploading documents is being

IncomeXpert PLUS Terms and Conditions

IncomeXpert PLUS is a income analysis software provided by Blueprint Solutions. Users of the software acknowledge and agree to the following terms and conditions. Orders Users must place orders exclusively through the Blueprint order portal or API. Orders or amendments to existing orders can not be made through email, phone or support request. Once an order is placed it can not be stopped or edited. The user is responsible for ensuring the scope of the

Can you use cash tips as income?

Yes, tip income can be used as part of your qualification, provided that these tips are properly reported. It’s important to note that any income NOT documented by a third party, such as paychecks, Verification of Employment (VOE) forms, or tax returns, cannot be utilized to qualify. For all major agencies and program types, it is mandatory to substantiate tip income directly from the employer by using the borrower’s pay stubs and W-2 forms, VOE

Documenting 3 Years of Pension Continuance | Blueprint

A common issue in mortgage operations teams is a habit I call “Guideline Lumping.” This is when we don’t slow down and read the detailed statements in the guidelines. A fast reading has us applying these rules across the board, when they might not be applicable. Because pensions are listed under guidelines in the “Retirement, Government Annuity, and Pension Income” area of FNMA( B3-3.1-09), the rule about confirming the three years continuance can incorrectly be

Retirement of Pay-as-you-go tier

Notice Date: Oct 9, 2023 We have made the difficult decision to discontinue our Pay-As-You-Go Premium tier, effective December 31, 2023. To continue using IncomeXpert beyond December 31, 2023, we users will need to reach out to customer support to opt into a new tier of service. If no action is taken, your account will be suspended starting January 1, 2024. After 60 days of suspension, the account will be permanently closed. As you are

Retirement of Debt Functionality

Notice Date: Oct 6, 2023 Effective December 1, 2023 IncomeXpert will retire the Debt page. IncomeXpert remains committed to our primary goal of providing the most comprehensive income analysis solution for the mortgage industry. We considered the low utilization of the debt functionality and made the decision to remove the Debt functionality and focus purely on income and income analysis. On December 1, 2023 users will no longer be able to create new debts and

API and user change tracking

When the Blueprint API is used a single API key is used to authenticate the API caller. This approach is convenient for organizations to manage a singular API key, but organizations lose the ability to track which user made a request across the API. Starting with V2 R14 of the API change tracking of critical API endpoints is available. Prior to V2 R14 a default value of “API User” was used to indicate who made

Saving Income

On each income the Save / Calculate button is located inside the Income Analysis section. See image below for one example. When users should click the Save/Calculate Button When finished entering income data and you are ready to analyze income When different income analysis radio button has been selected As a best practice, when navigating away from the current income for any reason Keep in mind IncomXpert WILL NOT save automatically when you leave