Employment and Income Verifications
Accepted by Fannie Mae Day 1 CertaintyTM Initiative
Credit Plus helps facilitate compliance. We are a certified reseller of The Work Number®, a solution offered through Equifax Workforce Solutions*, and the largest collection of payroll records contributed directly by employers.
Through The Work Number, we enable you to get fast validation of employment information and consumer income, if requested, so you can make informed decisions. The Work Number database houses millions of employment records contributed by employers nationwide, including 75% of the Fortune 500. This information is updated every payroll cycle, so you’ll always receive the most up-to-date information possible.
These employment and income validation reports are accepted by Fannie Mae Day 1 CertaintyTM Initiative.
A direct connection to The Work Number
The Work Number is completely integrated into Credit Plus technology so you get fast answers.
Manual verification for consumers not in the database
If an applicant’s information isn’t in The Work Number database, there’s no need to worry, you'll be given the opportunity to immediately order a manual verification. Credit Plus can manually verify employment and income, and provide you with the validation you need in just 1-3 business days. We follow a uniform, auditable process that ensures you get data you can trust.
Verify self-employed applicants
Do you need to verify information on a self-employed applicant? Our experienced staff can perform a thorough, auditable investigation including verifying the applicant's business and regulatory listings.
We do the work. You get less stress.
- Accepted by Fannie Mae Day 1 CertaintyTM Initiative
- Ensure compliance with Fannie Mae LQI requirements
- Meet Ability-to-Repay and Qualified Mortgage Standards under the Truth in Lending Act (Regulation Z)
- Verify information quickly and easily
- Control variable costs with a fixed cost per loan
- Increase productivity by using an outside source for verifications
It’s easy to re-verify employment just before closing to ensure that your applicant is still employed. All you need to do is access your account and click on the Re-verify Now icon and the status of your applicant’s employment will appear, if the original employment verification was conducted through The Work Number. If the Credit Plus team originally conducted a manual verification of employment, our verification experts will contact the employer again to re-verify.
*Equifax Workforce Solutions is a business unit of Equifax Inc., Atlanta, Georgia. Credit Plus is an authorized reseller of products and services provided through Equifax. The Work Number® is a registered trademark of TALX Corporation, a wholly owned subsidiary of Equifax Inc.
Contact us to request a product demo or pricing information on Employment Verification from your Regional Account Executive.
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