Truv is now natively integrated into Pylon, bringing borrower-connected income and employment verification to the new rails for autonomous mortgages.
We're excited to announce that Truv's verification of income and employment (VOIE) is integrated directly into Pylon, the first autonomous mortgage infrastructure platform. Originators on Pylon's mortgage rails can now verify a borrower's income and employment with data directly from the source in seconds, expediting instant credit decisions.
What autonomous mortgages mean for originators
An autonomous mortgage experience is one where the borrower can apply, lock, be underwritten, and close through software-driven infrastructure, rather than waiting on back-office teams to manufacture the loan by hand. Pylon has built the rails that make this possible. With Truv wired in, the automated mortgage process runs faster and smoother end to end.
For years, income and employment verification has been one of the biggest barriers to fully automated mortgage origination. The traditional path asks a borrower to track down W2s and paystubs, upload them, and wait on a manual review, where every discrepancy kicks off another round of conditions. That single step has historically held back the loan moving towards closing with speed.
How Truv streamlines loan approvals
Truv changes the borrower experience at that step entirely. With Truv, the borrower logs into their payroll provider or employer in less than 60 seconds on average, and their income and employment verification is completed, eliminating the paper chase, tedious document upload steps, and long wait times while under manual review. With coverage of 96% of the US workforce, and connectivity to 2.3M+ employers and 90+ payroll providers, the source-verified data flows straight into Pylon's automated underwriting and is structured into GSE-eligible reports for originators.
Verifying income and employment with Truv means fewer conditions, cleaner data, and a faster path to closing for loans originated through Pylon.
Two ways to go live with Truv on Pylon
Because Truv is a native part of Pylon's mortgage rails, originators on Pylon gain access to Truv's borrower-connected verifications by default, with the flexibility to deliver it however fits their experience:
- White-labeled, out of the box: Use Truv's verification flow in a fully branded, ready-to-go experience inside Pylon, with no custom build required.
- Custom-built via API: Embed Truv's verification experience through Pylon's APIs, with full control over the flow and UI.
What Pylon is saying
"The alternative to Truv is manual document upload. Borrowers frequently don't upload the right things, and one document triggers the need for another. Truv cuts that loop entirely. Ultimately, borrowers need to provide that information for a credit decision either way, but with Truv flowing directly into Pylon's automated underwriting, that instant credit decision comes with a significantly more streamlined experience." – Evan Roman, VP of Product, Pylon
What Truv is saying
"Automation only works if the underlying data is clean enough to act on without a human second-guessing it. That's what Truv brings to Pylon: source-verified, borrower-permissioned income and employment verification reports, in addition to original paystubs and W2s, that flow straight into underwriting without time-consuming manual steps in between." — Kirill Klokov, CEO & Co-Founder, Truv
About Pylon
Pylon is the autonomous mortgage infrastructure platform powering the next generation of mortgage origination. Through vertical integration and end-to-end automation, Pylon's mortgage rails give originators access to rates that are 75 to 200bps better and a cost to originate that is 74% lower than the industry average. Pylon serves a growing number of large private and publicly traded mortgage originators, and is backed by top investors including Peter Thiel, Conversion Capital, QED, Citi, and Fifth Wall. Learn more at pylonlending.com.
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.
