The Closing Docs is automating income verification for property managers and lenders. Why? Every four seconds, someone looking for rental housing in the U.S. needs their income verified and historic methods do not meet the realities of current industry needs. The old-school process of sharing pay stubs to verify income is slow, ripe for fraud and requires extensive manual processing, for both the applicant and the application processor.
We fix these problems by providing the fastest access to better data. With applicants’ permission, The Closing Docs is aggregating their deposit history in order to deliver the data and insight decision makers need in minutes, not days or weeks. And the process for applicants is easier than ever. In less than 5 minutes, they can share a streamlined, secure report illustrating everything they choose to share about their income.
The market for our services is self-renewing, huge, and expanding, and we are driven daily by our mission to invent technology that makes lives easier and more equitable for both our customers and theirs. The Closing Docs has the most comprehensive solution to automating income verification, the only one that is fast, accurate and easy.