IncomeGenius™ is Indecomm’s technology solution for income documentation and calculation. Implementation of IncomeGenius™ early into the loan application process can reduce cycle times and improve loan quality while mitigating against Fair Lending and Ability to Repay concerns. IncomeGenius™ offers consistency and accuracy while improving productivity for Underwriting.
- Automatically sorts documents using advanced OCR Technology
- Completes the Cash Flow Analysis including the Fannie Mae 1084, Freddie Mac 91, Proprietary SAM and Customized Forms
- Reduces errors by calculating income based on agency standards
- Creates consistency with alert messages for declining income, missing documents and dozens of underwriting requirements