---
title: "Income Verification Software | Truv"
category: Products
url: "https://truv.com/products/income-verification"
description: Verify income and employment instantly with consumer-permissioned data. Reduce manual reviews and improve conversion with income verification software for lenders.
---

# Income Verification

Real-time income and employment verification powered by direct, consumer-permissioned connections to payroll providers, employers, and financial institutions. Truv replaces legacy database lookups and manual document collection with a 30-second digital experience that returns gold-standard data straight from the source.

- **URL:** https://truv.com/products/income-verification
- **Contact:** https://truv.com/contact-sales

## What Truv Provides

### Payroll-Connected Income Data

Direct connections to payroll providers and employers cover approximately 96% of the U.S. workforce. Verifications complete in 30 seconds on average, with compliance-ready reports authorized by Fannie Mae's Day 1 Certainty (DU®) and Freddie Mac's Loan Product Advisor® (AIM®).

### Bank Income (Fallback / Standalone)

When a payroll connection isn't available, Truv extracts verified income directly from bank transaction data across 14,000+ financial institutions, classifying 11+ income types (payroll, gig, benefits, rental, retirement, and more).

### Document Upload (Fallback)

AI-driven OCR and fraud detection on borrower-uploaded paystubs, W-2s, 1099s, and 1040s. Income calculation is approved under Freddie Mac's AIM Check API.

### Waterfall

Configurable routing across payroll, bank, and document methods to maximize coverage and conversion in a single integration.

## Key Differentiators

- **Coverage:** Gold-standard data, direct from the source — not outdated database records.
- **Cost Savings:** Mortgage lenders save 60–80% on average versus instant databases. Reduce legacy verification costs and simplify multi-vendor contracts.
- **Conversion:** Borrower-optimized flow purpose-built for speed and completion.
- **Customization:** White-label the user experience and tailor the data your team receives.
- **Security & Compliance:** SOC 2 Type II compliant; FCRA-compliant consumer-permissioned data.

## Industries Served

Mortgage lending, home equity lending, consumer lending, auto lending, tenant screening, and background screening.

## Benefits Reported by Customers

- Higher conversion and pull-through rates
- Faster closing times
- Reduced fraud risk and lower repurchase exposure
- Improved operational efficiency

## Related Pages

- [Bank Income Verification](https://truv.com/products/bank-income-verification)
- [Document Fraud Detection](https://truv.com/products/document-fraud-detection)
- [Paycheck Pay](https://truv.com/products/paycheck-pay)
- [Scoring Attributes](https://truv.com/products/scoring-attributes)
- [Payroll Coverage](https://truv.com/coverage/payroll)
- [Financial Accounts Coverage](https://truv.com/coverage/financial-accounts)
- [Truv Bridge](https://truv.com/platform/truv-bridge)
- [Waterfall](https://truv.com/platform/waterfall)
- [Mortgage Lending](https://truv.com/mortgage-lending)
- [Contact Sales](https://truv.com/contact-sales)