Argyle, which offers income and employment verifications for mortgage lenders, has launched a fully embedded VOIE solution through an enhanced integration with nCino, a provider of intelligent, best-in-class banking solutions.
The enhanced integration boosts loan pull-through and quality with direct data flow from the point of sale to the loan origination system, Argyle says in a release.
Argyle and nCino first teamed up in 2022 to bring fully digital verification of income and employment (VOIE)—including reports, pay stubs and W-2s—to the more than 370 mortgage companies and 52,000 loan officers that rely on nCino to manage the loan application process.
The latest enhancements to the integration, now available to all nCino customers, improve application pull-through and loan quality by allowing lenders to embed VOIE directly into the point-of-sale (POS) workflow within nCino’s Mortgage Suite.
In addition to retrieving VOIE reports and pay documents from Argyle, nCino now captures data elements like GSE Reference IDs and automatically transfers them to the lender’s loan origination system (LOS).
The new enhancements include the following:
- Friction-Free Verification: Instead of inviting their customers to verify income and employment with an email or SMS, lenders can now simplify borrower interactions and improve application pull-through by presenting Argyle’s VOIE solution as an embedded, in-app experience directly in the Form 1003 application flow within nCino Mortgage.
- Customizable Workflows: With Argyle and nCino Mortgage, lenders can tailor VOIE workflows and customize payroll connection lists for each of their business units or operating groups, creating personalized experiences that enhance borrower satisfaction.
- Faster, More Accurate AUS Submission: In addition to W-2s, pay stubs and VOIE reports, Argyle’s raw income data elements automatically populate in the Uniform Residential Loan Application (URLA) to accelerate GSE rep and warrant (R&W) determination. Argyle’s extensive payroll coverage and focus on data completeness can improve the frequency with which lenders secure R&W relief.
- LOS Interoperability & Continuous Synchronization: nCino automatically passes new VOIE data and documents on to the lender’s LOS, enabling a simplified employment re-verification process during the 10-day pre-closing window and ensuring data accuracy across all systems of record throughout the loan lifecycle.
Argyle streamlines loan origination and delights borrowers by eliminating manual document collection, resulting in time savings of 5–7 days per loan and cost savings of 60% to 80% compared to legacy VOIE solutions.
“Our expanded integration with nCino reflects Argyle’s commitment to meeting lenders and their customers throughout the loan journey,” says John Hardesty, vice president of mortgage for Argyle, in the release. “Embedding Argyle’s VOIE at the point of sale gets loans through the loan process faster with accurate, complete data lenders and GSEs can trust.”
“Embedding Argyle directly into the nCino Mortgage Suite makes it easier for lenders to process applications efficiently and provide borrowers with a smooth experience,” adds Casey Williams, general manager of nCino Mortgage. “Our collaboration is all about accelerating VOIE and ensuring borrower data flows smoothly from Argyle to nCino, through LOS platforms and into GSE systems with accuracy.”