Income and document verification for referred loan and card files — every pay stub tied to its deposit
Applications verified in minutes, each figure tied to its document.
See one case, screen by screen ↓Software that proves the income, employment and identity an applicant stated, from the documents they sent. Income and Document Verification reads every pay stub, W-2, 1099, bank statement, licence and payroll response in a referred file, ties each stated figure to the documents behind it, and puts a verified income, a DTI and a short list of what does not add up in front of the underwriter.
How to choose AI solutions for lending →
Updated
When the decision engine refers a personal loan or card application, someone has to prove the income and the identity the applicant stated. That means opening a dozen PDFs — two pay stubs, a W-2, sometimes a 1099, three months of bank statements, a driver’s licence, the payroll verification response, the credit report — and comparing them by eye, line by line, while the applicant waits and may take a faster offer elsewhere.
Altered stubs and edited statements made with free online tools look right to the eye. The tell is in the arithmetic and the money: gross to net, the 6.2% and 1.45% of social security and Medicare, year-to-date totals that do not fit the pay calendar, balances that do not carry from page to page, and pay on a stub that never reached the bank. A new auto loan that is not on the credit report yet shows up only as a recurring debit in 90 days of statements. When nobody reads all of it, the loss shows up months later as an early payment default.
Estimated elapsed days from a complete referred file to a decision, by hand and with the solution. The by-hand total matches the 2.6-day median in the working solution’s results; with the agents the median there is 14 minutes.
Six agents line up every pay stub, deposit, tax form and ID side by side and tie each pay stub to its deposit; the underwriter decides and signs.
Marcus Ellery applied online on Friday for a $24,500 debt-consolidation loan over 60 months. He was referred because his stated income includes side income. Here is Monday morning, screen by screen, in the working solution.
Renée opens the file and it is already lined up: the application, pay stubs, bank statements, payroll response, W-2 and 1099, and licence and selfie, each in its own column, with name, address, employer, salary and every pay date as rows across them. Where they agree, they are joined in green: $4,000.00 × 24 semi-monthly on the stubs, $2,607.18 net on every pay date in the bank, a base of $96,000 on the payroll response. 6 of 6 pay stubs found in the bank; 10 of 13 facts agree; 3 gaps.
“Every stub landed in the bank on its pay date, to the cent.”
Where they do not, the gap is numbered in red — three of them. Side income: stated $22,000, but the 2025 1099-NEC from RouteBee shows $8,640.00 and RouteBee paid him $2,214.00 from July to September — the policy counts the lower. A car loan the application does not show: $486.00 to Northpoint Auto Finance on 25 Aug and 25 Sep. And page 2 of 4 of the August statement is missing. The old Columbus address on the licence and the 2025 W-2 is amber, explained: he moved in June.
Run log: finished in 1 min 12 s · 6 agents · 12 documents.
The verification workspace puts the numbers that decide on one row: stated income $118,000, verified income $104,640 — $13,360 or 11.3% below stated — debt to income 35.2% at verified income with the auto loan, against a limit of 40%. 14 of 14 figures are tied to a document, and each gap carries links to the pages behind it.
Renée opens the 30 Sep stub. The figures it proves are highlighted on the page — salary $96,000 a year, net pay $2,607.18, YTD gross $72,000.00 — and the integrity checks sit beside it: one font family, no re-saves, gross to net $4,000.00 − $1,392.82 = $2,607.18, social security $248.00 = 6.2%, Medicare $58.00 = 1.45%, year to date 18 pay dates × $4,000.00.
The tamper checker never calls a file fraud — it raises the signal and shows its working.
180 transactions across 11 of 12 statement pages, classified: Kessler Logistics payroll matches the stubs, RouteBee is side income, transfers are not income. Rent, the student loan and three cards are as stated. Northpoint Auto Finance at $486 a month since 25 Aug is not on the application or the credit report, so it goes into the debts. August page 2 is flagged missing, 16–22 Aug.
Kayla Brandt’s file, PL-26-48190, lines up differently. Her biweekly net of $2,410.00 lands in Fernhill Savings on five of seven pay dates — but the 14 and 28 Aug stubs have no deposit behind them. Month by month, August shows $4,820.00 on the stubs and $0.00 in the bank.
A forged stub can get every tax line right. It cannot make money appear in a bank account.
The signal shows exactly why: no deposit in August; the 28 Aug stub shows YTD $58,500.00, the same as the 25 Sep stub; the payroll response says unpaid leave 3–28 Aug; advice numbers repeat from July and September; both August stubs were re-saved by an online PDF editor on 6 Oct at 22:51. Renée refers the file to Sam Delgado. The file is held; no notice goes to the applicant until fraud decides.
“A signal never declines a file on its own. Refer it to fraud, or clear it with a reason a second person can read.”
Back on Marcus’s file, the decision screen walks from stated to verified income and through his monthly debts — $3,067.62 on $8,720 a month, DTI 35.2%. Approving at stated income is not allowed: verified is 11.3% below stated, above the 10% tolerance. The request for the missing page is drafted in plain words, and it only goes out when Renée sends it.
“Please upload all four pages of your August statement from Crestway Community Bank. We have pages 1, 3 and 4; page 2, which covers 16 to 22 August, is missing.”
Renée signs: approve at verified income $104,640, with 1 condition before funding. The meaning is recorded with her name — “I reviewed the verified figures and decide this application”. No second signature is needed within $35,000, and the request to Marcus goes out with the approval; the loan funds when page 2 arrives.
Since verification moved to the agents on 6 July: 1,148 files verified, a median 14 minutes from a complete file to a decision against 2.6 days by hand, 214 files decided at verified income, and 23 altered documents confirmed. The findings are counted by type — side or bonus income overstated, debt not on the application, a missing page or stub.
The same files, seen by the five people who carry them — what their day looked like, and what it looks like now.
Six agents line up every pay stub, deposit, tax form and ID side by side and tie each pay stub to its deposit; the underwriter decides and signs.
Sorts the file and reads every page of the pay stubs, W-2s, 1099s, bank statements, licence and payroll response, extracting each figure with its page and position.
Runs seven checks on every page: fonts and layout, file history, gross to net, tax rates, year to date, balances carried and known templates.
Works out verified income by the credit policy, figure by figure: salary from the stubs, confirmed by the payroll response, the W-2 and the deposits; side and gig income at the lower of last year’s 1099 and current deposits annualised.
Classifies every deposit and payment, ties each pay stub to its deposit, finds recurring debts the application did not show, and checks every statement page is there.
Matches name, date of birth, SSN, address and employer across the licence, selfie check, bank statements, payroll response and credit report.
Drafts the request to the applicant in plain words — the document, the dates, why, how to send it and by when — and the verification summary with every figure and its source.
Decides and signs; team lead co-signs above the limit. The agents propose; a named person decides.
Ask about any figure, document or debt in a file — or say what to request. Every answer points to the page it rests on.
Why is Marcus’s side income cut to $8,640?
He stated $22,000 from freelance delivery. His 2025 1099-NEC from RouteBee Delivery shows $8,640.00, and RouteBee payouts from July to September come to $2,214.00 — about $8,856 a year. The policy counts the lower of the two, so verified income is $104,640, $13,360 below stated.
Does Marcus have debts the application doesn’t show?
One. He pays $486.00 a month to Northpoint Auto Finance — on 25 Aug and 25 Sep — after a $3,000 payment to Fairway Motors on 28 Jul and an auto inquiry on 24 Jul. The loan is too new for the credit report. With it, DTI at verified income is 35.2% — still inside the 40% maximum.
Is any document in Marcus’s file altered?
No. All 12 documents, 31 pages pass the seven checks: one font family per document, no re-saves after creation, gross to net adds up ($4,000.00 − $1,392.82 = $2,607.18), social security and Medicare are 6.2% and 1.45%, year to date fits 18 pay dates, and the statement balances carry — except that August page 2 is missing.
Ask Marcus for page 2 of his August statement
Sent. Marcus gets this in the app and by email, in plain words: “Please upload all four pages of your August statement from Crestway Community Bank. We have pages 1, 3 and 4; page 2, which covers 16 to 22 August, is missing.” It is due Thursday 22 October; when it arrives the agents check that its balances carry and clear the condition.
13 screens from the working solution, on its sample data. Pick one to see it large.
Every file is verified against the policy your credit team writes. Changes are versioned and on the audit trail.
| Setting | Default | Choose from |
|---|---|---|
| Side and gig income | Lower of 1099 and deposits | Lower of 1099 and deposits · 1099 only, two years · Not counted |
| Overtime and bonus | Two-year history | Two-year history · One-year history · Not counted |
| Stated vs verified tolerance | 10% | 5–25%, in steps of 1% |
| Debt to income maximum | 40% · 43% with compensating factors | 40% · 43% with compensating factors · 36% · 45% |
| Pay stubs | Two stubs covering 30 days | Two stubs covering 30 days · One stub within 30 days · Two stubs and a W-2 |
| Bank statements | Most recent 2 months | Most recent 2 months · Most recent 3 months · Bank data link, 90 days |
| Analyst approval limit | $35,000 alone · second signature to $75,000 | $25,000 · $35,000 · $50,000; second signer Ana Lindqvist or Michael Tran |
| Time to answer a request | 10 days | 7 · 10 · 14 days, then an incomplete-application notice |
Every figure is labelled: a target the solution is built to, an estimate, a typical published result, or a proven one.
“demo” = seen in the working solution, on its sample referred files · “target” = the design goal, measured in the live solution · “estimated” = our estimate · “typical” = published figures (Inscribe 2026 Document Fraud Report — 1 in 16 documents in financial-services workflows show signs of manipulation, vendor research; CoreLogic via Ocrolus — income fraud up 27.3% from 2021 to 2022). Reg B 12 CFR 1002.9 is named as context. People, banks, employers and applicants named on this page are fictional — characters and sample data in the working solution.
Software that proves the income, employment and identity an applicant stated, from the documents they sent. Income and Document Verification reads every pay stub, W-2, 1099, bank statement, licence and payroll response in a referred file, ties each stated figure to the documents behind it, and puts a verified income, a DTI and a short list of what does not add up in front of the underwriter.
The tamper checker runs seven checks on every page: fonts and layout, file history, gross to net, tax rates, year to date, balances carried and known templates. The bank activity analyst also ties every pay stub to the deposit it should have made — a stub can get every tax line right, but the pay still has to reach the bank.
No. Any tamper signal holds the file and sends it to the fraud analyst with the evidence; nothing is declined automatically. The verification analyst approves, declines or refers and signs, and above $35,000 or on a decline for altered documents the underwriting team lead co-signs.
Yes. The bank activity analyst classifies every deposit and payment and flags recurring payments that are on neither the application nor the credit report. In the working solution it found a new $486 a month auto loan, too new for the credit report, and added it to the DTI.
The statement pages are checked one by one, and a missing page becomes a stip drafted in plain words — the document, the dates, why, how to send it and by when. It goes out only when the analyst sends it; when the page arrives, its balances are checked and the condition clears. After 10 days without an answer, an incomplete-application notice goes out.
Yes. How side and gig income count, the history needed for overtime and bonus, the stated-vs-verified tolerance, the DTI maximum, the pay stub and bank statement rules, the approval limits and the time to answer a request are all settings your credit policy manager owns.
Pay stubs, W-2s, 1099s and tax returns, bank statements or a bank-data feed, the driver’s licence and selfie check result, the payroll verification response and the credit report — as PDFs, photos or scans.
The Agentic Solution Engine builds and deploys it from your requirements — your credit policy, document rules and a sample of referred files — and it goes live once every quality gate has passed. We will walk you through it on your own files first.
Rings caught at application, not at charge-off, each hold explained.
1-min demoAdverse Action Notice AutomationEvery notice out inside 30 days, each reason traced to the decision.
1-min demoCard Dispute ManagementNo missed Reg E or Reg Z deadline; claims investigated in minutes.
1-min demoWe’ll run Income and Document Verification on a sample of your own referred loan and card files.