What is Income Verification?
Income verification APIs provide secure, real-time access to employment and income data directly from payroll systems. These tools enable lenders, property managers, and financial institutions to verify an applicant's employment status, salary, and income history without manual document collection or employer phone calls.
Verification Methods
Direct Payroll Connection
Connect directly to payroll systems for real-time, authenticated access to income and employment data.
Bank Transaction Analysis
Analyze deposit patterns and transaction history to infer income when payroll connection isn't available.
Document Verification
OCR and AI-powered analysis of paystubs, W-2s, and tax documents with fraud detection.
Compliance Ready
GSE-authorized reports for mortgage lending, Fannie Mae Day-1 Certainty, and FCRA compliance.
Common Use Cases
- Mortgage lending — Automated VOIE for faster loan processing with GSE-compliant reports
- Consumer lending — Real-time income verification for personal loans and credit decisions
- Tenant screening — Verify applicant income for property management and rentals
- Auto financing — Employment and income verification for vehicle loans
- Background checks — Employment history verification for hiring decisions
- Gig economy — Verify income for 1099 workers, freelancers, and contractors
Key Data Points Available
Income verification APIs typically provide access to:
- Employment status — Current employer, job title, start date, employment type
- Income data — Gross pay, net pay, pay frequency, YTD earnings
- Deductions — Taxes, benefits, retirement contributions
- Pay history — Historical paystubs and payment records
- Tax documents — W-2s, 1099s, and tax transcripts
Choosing a Provider
When selecting an income verification provider, consider:
- Coverage — Number of payroll providers supported (top providers cover 80-90% of US workers)
- Verification methods — Direct payroll, bank analysis, document fallback options
- Compliance — GSE authorization, FCRA compliance, CRA certification
- Data freshness — Real-time vs. batch updates, webhook support
- Gig worker support — Coverage for 1099 workers and non-traditional employment
Need to verify income data?
Explore income verification APIs and connect to payroll data for lending and underwriting.
Income Verification FAQ
VOIE (Verification of Income and Employment) is the process of confirming an individual's employment status and income for lending, rental, or hiring decisions. Modern income verification APIs connect directly to payroll systems to retrieve real-time employment data, income history, and pay stubs without requiring manual document collection.
Payroll connectivity APIs allow users to authenticate with their employer's payroll system (like ADP, Workday, or Gusto) and authorize data sharing. The API then retrieves employment verification data, income history, pay stubs, and tax documents directly from the source, providing lenders with verified, real-time data.
Income verification APIs typically provide: current employer and job title, employment start date and status, gross and net pay amounts, pay frequency, year-to-date earnings, historical pay stubs, deductions (taxes, benefits, 401k), W-2 forms and tax documents, and direct deposit information.
Automated income verification reduces loan processing time from days to minutes, eliminates manual document collection, reduces fraud through verified data sources, improves borrower experience, provides more accurate income assessment, and enables faster lending decisions with real-time data.
Income verification APIs are used across: mortgage lending (GSE-compliant VOIE), consumer lending and BNPL, auto financing, tenant screening and property management, background checks and hiring, government benefits verification, and financial planning services.