Making income analysis easy
Identify, extract, and analyze income for W2 and self-employed borrowers with a click.
Used by the
Leading companies
Quickly determine the creditworthiness of the borrower
Mortgage lenders need to assess the income of W2 & Self Employed borrower to mitigate risks, determine their capability to pay and keep a check on their own ROI.
Vaultedge Income Analyzer (VIA) uses AI to automatically identify and evaluate income from various structured and unstructured data sources with minimal human intervention. VIA is compliant with Fannie Mae Form 1084 and Freddie Mac Form 91.
Saves time
VIA saves on average 2 to 4 hours of underwriter’s time per loan. Users can simply upload income-related documents and get pre-filled income analysis files in VIA. That means underwriters are free from doing laborious manual tasks.
33% Increased pull-through rate
Several customers give access to Vaultedge Income Analyzer to their Loan Officers. This allows Loan Officers to determine right upfront whether a borrower will qualify for a mortgage or not and what the borrower needs to do to qualify. This leads to a much-improved user experience for borrowers and on average a 33% increase in the pull-through rate.
Reduced risks
The risk of calculating incorrect and complicated income data from various sources manually reduces with VIA. The software extracts data from different documents like W2, 1099, paystubs, bank statements, and tax returns (1040, 1040 Sch C, 1065, 1120, the 1120S) automatically.
Benefits of Vaultedge Income Analyzer
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Simplifies complex income analysis
VIA makes it easier to understand document-heavy complex income data for different kinds of borrowers within seconds. Mortgage lenders using VIA don’t need to refuse a business opportunity because the calculations are complicated and time-consuming.
Locates the source of truth
Vaultedge Income Analyzer is compliant with the GSEs. It follows all the required guidelines while assessing an income for W2 or self-employed borrowers. It leaves an audit trail behind, so in case of any discrepancy, the underwriter can easily locate the source of truth and make corrections without wasting time.
Easy integration
Vaultedge Income Analyzer integrates easily with leading LOS solutions like Encompass, BlackKnight, and others. It can also work independently without any integration. Once the document is retrieved from the LOS, VIA then starts analyzing beyond traditional pay slips and sends an alert to the LOS upon completion.
Cost-effective
VIA costs just $10/loan for W2 and $20/loan for self-employed, with no hidden charges. There is no software to install or configure on your side, which means no other cost or effort on your side. You pay just for the number of loans you process, with no long-term lock-in.
Frequently Asked Questions
Vaultedge Income Analyzer (VIA) is an A software that analyzes income for W2 and self-employed borrowers from various sources- pay stubs, bank statements, 1099, W2, and tax returns (1040, 1065, 1120, 1120S).
Yes, VIA can integrate with Encompass, BlackKnight Empower, Calyx, and FICS or even custom LOS through open APIs.
No, users will upload the relevant documents in the VIA and receive a pre-filled income analysis file.
Yes, VIA is compliant with Fannie Mae Form 1084 and Freddie Mac Form 91.
Yes, Vaultedge offers 100% review (human-in-the-loop) of machine-calculated income.
No, VIA is a SaaS product that requires no software installation on the customer end.
Yes, the VIA can identify multiple copies of the same income document. It can also identify the missing documents from a package.
VIA does have a confidence rating feature for ease of exception handling. So, the user is informed about the discrepancy or exception in a particular loan file so he/she can take the necessary action.
It takes two weeks to configure and implement VIA.
Zero. There is no training needed for the user to use VIA. It’s as simple as checking your email.
VIA is a budget-friendly solution. It takes $10/loan for W2 and $20/loan for self-employed. There are no hidden charges.
What clients say about us
Michael Kittyle
CIO, BSI Financial Services
SVP, Record Services
Top Mortgage Servicer
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Connect with one of our solution experts to find out how Valutedge Income Analyzer can help you increase your productivity.
