IncomeXpert For Underwriters
No Guideline Errors
Ever forget a guideline? IncomeXpert doesn’t and we guarantee it. We are up to date on all agency guidelines. When you select the agency for your loan file, IncomeXpert analyzes the income and creates guideline advisories when needed. Advisories flag you where underwriting review is needed or a guideline has been violated.
No Calculation Errors
IncomeXpert stands behind all calculations and analysis. Our software is rigorously tested, and regularly audited to ensure accuracy.
We have sought out SOC 2 Type 2 certification for our Processing Integrity. Approximately less than 10% of all companies seeking a SOC 2 Type 2 go for this additional certification.
All Income Types
IncomeXpert supports all income types from all five major agencies. No more piece meal of tools for calculating income. One stop shopping, one tool, to work and collaborate.
IncomeXpert supports employed, self-employed, real estate, and passive income types with ease.
Get your focus
Underwriters are risk analyzers. IncomeXpert gives the focus back to the underwriter to do risk analysis and leave the donkey work of income calculation and analysis to the software.
IncomeXpert isn’t here to replace an underwriter, we are here to take the mundane and let the underwriter focus on the nuanced and human elements of the job…. risk analysis.
Built for Workflows
Unlike other solutions, IncomeXpert is designed with your workflow in mind. Our software understands the roles of each user and the current stage of the loan lifecycle.
This ensures that sales teams can use IncomeXpert with limited controls to determine a safe income, while underwriters have the flexibility to adjust for higher income when necessary and lock out non-underwriters when needed.
Advisories To Stay Ahead of Guidelines
IncomeXpert includes over 200 income advisories that alert underwriters if additional guidelines apply. With IncomeXpert, you stay compliant with the latest agency guidelines to ensure calculated income is correct.
Advisories To Stay Ahead of Guidelines and Compliance
IncomeXpert includes over 200 income and agency advisories that alert underwriters if additional guidelines apply. With IncomeXpert, underwriters stay up to date with the latest industry guidelines to ensure calculated income is correct and guideline compliant.
Full Reps & Warrants
We stand behind our calculations with Reps and Warrants on the calculations, guideline compliance, and data entry. If our calculations are erroneous or non-compliant, we will make it right.
Clear Reporting
IncomeXpert ensures clear income reporting by breaking income down at three levels. Total borrower income, total income per source, and detail breakdown and trending per income.
No more arguing over HOW the income was determined.
Clear Reporting
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.
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.
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