Truv, an all-in-one provider of real-time, direct-to-source verifications for income, employment, and assets, partners with Tidalwave, an agentic AI mortgage point-of-sale (POS) platform to streamline the application process. The integration embeds Truv’s comprehensive verification suite directly into Tidalwave’s borrower application workflow, enabling lenders to instantly verify borrowers’ payroll and financial data directly from the source.

“Tidalwave and Truv share a vision for modernizing mortgage lending,” said Kirill Klokov, CEO of Truv. “Together, we’re delivering a solution that benefits everyone in the loan process – lenders gain decisioning speed and confidence, borrowers enjoy a frictionless experience, and the industry moves closer to the digital-first future.”

The integration eliminates manual documentation requests and fragmented verification workflows, delivering loan officers real-time visibility into verification status across all data sources, with the ability to request verifications at any stage of the loan lifecycle across platforms.

Integration Benefits

  • Seamless Borrower Experience: Borrowers connect to payroll, employer, and financial accounts in <30 seconds on average during the application process, streamlining the verification process and significantly improving application completion rates.
  • Automated Data Flow from POS to LOS: Income, employment and asset data automatically imports from the POS to the LOS, ensuring borrower information flows seamlessly throughout the loan process and populates directly into the URLA (Uniform Residential Loan Application).
  • All-In-One Vendor: Lenders gain access to Truv’s income, employment and asset verifications through a single-source platform, eliminating the need for multiple vendor relationships.

Truv Verification of Assets Benefits

  • Industry-Leading Coverage: Secure, consumer-permissioned access to 14,000+ financial institutions, delivering the broadest connectivity in the market.
  • Instant Verification: Real-time access to account balances and asset information eliminates waiting periods and manual document review.
  • Multiple Account Types: Comprehensive support for checking, savings, investment, and retirement accounts in a single verification workflow.
  • Detailed Reporting: Customizable asset reports include balance history, account summaries, and transaction data for informed underwriting decisions.
  • Bank-Grade Security:  75%+ OAuth connections and enterprise-level security protocols protect sensitive borrower financial data.
  • GSE-Eligible Reports: Truv’s asset and deposit-based verification of employment reports provide lenders with more opportunity for representation and warranty relief and buyback protection.

Diane Yu, CEO of Tidalwave, commented, “At Tidalwave, we believe in ‘shifting left’, getting to a clean, high‑confidence application the moment we connect with a borrower, on their terms and timetable. Truv has been a fantastic partner in that mission, giving us reliable, real‑time income, employment and asset data that lets our AI assistant go to work earlier and with greater certainty, so every interaction starts from a place of clarity and trust.” 

Getting Started

Truv’s verification solutions are available immediately through the integration, empowering mortgage lenders to improve the verification workflow directly at the point of sale in Tidalwave. 

About Truv

Truv provides real-time income, employment, and asset verification solutions that help lenders make more informed decisions while reducing friction in the loan application process. Through secure, consumer-permissioned access to payroll data, Truv offers comprehensive coverage across 96% of the US workforce and 2.3M+ employers nationwide. With real-time, consumer-permissioned access to financial accounts, Truv leads the market in coverage with connectivity to 14,000+ financial institutions.

About Tidalwave

Tidalwave is an agentic AI startup streamlining the mortgage process for both lenders and borrowers. Tidalwave is integrated with both Fannie Mae and Freddie Mac, solving critical inefficiencies in the mortgage process for both borrowers and lenders by leveraging AI to reduce costs, improve accessibility, and accelerate approvals. Tidalwave addresses the outdated, manual-heavy mortgage process by making it faster, more affordable, and accessible for all parties involved.