mortgage
Faster closings, more certainty
Instantly verify an applicant’s assets, income, and employment—with data straight from the bank.
Verification for modern mortgage workflows
Simplify the borrower journey
Get more borrowers across the finish line with a faster application experience that reduces drop-off and boosts completion.
Streamline internal workflows
Give loan officers and underwriters instant data access, so they can spend less time juggling documents and more time closing.
Cut processing time and costs
Use GSE-approved reports to verify applicant assets in seconds, without paper statements and manual reviews.
Up to 80%
conversion
throughout the lending flow
72M+ asset
verifications
powered by Plaid
1 in 2
U.S. adults
with a bank account have used Plaid to connect to an app or service
Easy for applicants and your team
Give applicants a quicker way to share their financial data, and your teams a simpler way to act on it.
Start verification with just a phone number
Applicants can share asset data from their linked financial accounts using only their phone number.
Help applicants connect from anywhere
Send a secure link by text or email so applicants can connect their financial accounts from any device.
Integrate with leading LOS and POS platforms
Plaid fits directly into the existing mortgage systems lenders already rely on.
Easy for applicants and your team
Give applicants a quicker way to share their financial data, and your teams a simpler way to act on it.
Start verification with just a phone number
Applicants can share asset data from their linked financial accounts using only their phone number.
Help applicants connect from anywhere
Send a secure link by text or email so applicants can connect their financial accounts from any device.
Integrate with leading LOS and POS platforms
Plaid fits directly into the existing mortgage systems lenders already rely on.
Fast approvals with real-time data
Speed up approvals with up-to-date data that makes it easy to verify assets and assess income stability—all from an applicant’s connected financial accounts.
Verify assets in seconds, not days
Access up to 24 months of transaction history and account balances in a single, comprehensive report delivered right to your dashboard.
Gauge applicant financial health early
Feed your underwriting models with categorized income streams, historical earnings, and employment data to better assess an applicant’s ability to pay.
Lower risk with GSE-approved asset data
Plaid is a certified data provider for Day 1 Certainty™ from Fannie Mae’s Desktop Underwriter® and Freddie Mac’s Loan Product Advisor® AIM.
For every stage of the mortgage lifecycle
Strengthen pre-approvals
Give applicants a simple way to verify identity and link accounts. With early insights into income and cash flow, lenders can build stronger files for smarter lending decisions.
Speed up verification & underwriting
Lenders get a comprehensive Home Lending Report, fully compliant with GSE-asset verification requirements, giving them the clarity they need to move files with confidence.
Support disbursement & servicing
Instantly verify bank accounts to enable ACH transfer, check real-time balances, and get proactive cash flow alerts that keep repayment on track.
Mari Masolini
Director of Product Management29% faster
in loan pre-approvals with Plaid-verified assets than those without
CUSTOMER RESOURCES
See why leading mortgage lenders choose Plaid
Your questions, answered
Reach out if we didn’t answer yours.
What is Verification of Assets (VoA) and how does digital asset verification work?
Verification of Assets (VOA) is how lenders confirm an applicant’s available funds, including balances, income deposits, and cashflow. Digital asset verification helps this process happen instantly and securely, with applicants connecting their accounts and sharing bank data—no paper statements needed.
How do mortgage lenders verify assets digitally?
Mortgage lenders verify assets digitally by asking applicants to connect their bank accounts through Plaid’s secure flow. Plaid then provides a Home Lending Report with up to 24 months of balances and transactions.
What types of assets can be verified using bank account data?
Bank account data can verify balances, income deposits, cash flow, recurring payments, and available funds for down payments or reserves.
How can automated asset verification reduce loan processing time and costs?
Automated asset verification reduces time and costs by replacing manual documents with direct data pulls. It shortens underwriting cycles, cuts back-and-forth, and reduces labor for lenders.
Can digital asset verification help reduce fraud?
Digital asset verification helps reduce fraud by pulling data directly from financial institutions, not documents that can be altered. It also flags inconsistencies across application data.
What asset verification standards do the GSEs require for reps and warranties relief?
The GSEs require digital verification that pulls data directly from financial institutions and includes the bank name, all qualifying accounts, and the required lookback period. Plaid’s Home Lending Report satisfies these GSE requirements, enabling lenders to pursue reps and warrants relief.
How does Plaid’s digital asset verification solution enhance the applicant experience?
Plaid’s digital asset verification improves the experience by replacing manual uploads with fast, secure access to bank data. Lenders can send a mobile-friendly link, making verification quick and paperless.
