VERIFICATION SERVICES

Equifax and EFX are registered trademarks of Equifax Inc. Inform>Enrich>Empower is a trademark of Equifax Inc. The Work Number is a registered trademark of TALX Corporation, a wholly owned subsidiary of Equifax Inc. Copyright © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Choose Equifax Verification Services for ALL of your third-party employment and income verifications (instant and manual), and let your processors focus on the other tasks at hand. Leveraging Equifax not only ensures a consistent verification process for every loan, but there is also potential for significant savings.

Employment/Income Verification Cost ComparisonBased on assumed 30k annual loans.

Contact an Equifax representative today to receive your customized ROI calculation.

insight.equifax.com/mortgage-infographic

pROFITABLE MORTGAGE LENdING 1. AppLICATION MISREpRESENTATION

Buried with multiple concurrent tasks, critical employment and income defects may be missed, which could be putting you at risk – and negatively affecting your bottom line.

Communicate with applicant

Appraisalreview

Fraud and unethical practices prevention

Comply with regulations

Review loan application

Task schedulingFinal analysis

2. LOAN pROCESSORS

Instead of going through the home mortgage process again, people would prefer:

23%Gain 10 lbs

12%24hrs with the person

you most dislike

7%Root canal

7%Night in prison

* Survey of 1,000 adults, conducted by Guaranteed Rate Mortgage

3. CuSTOMER EXpERIENCE

TuRN TO ThE EXpERTS

contact us today

No employment record

Death Self-employed

RetiredIncome Income is the 2nd largest type of applicant misrepresentation reported by Fannie Mae.

Types of reported misrepresentation found on loan applications:

$100k

$200k

$300k

$400k

$500k

$600k

Internal Staff 3rd Party Equifax

$570k save$210k

save$400k

(Administrative savings) (Administrative savings plus Risk Mitigation)

toP 3 cHaLLEnGEs to