Verify borrower’s assets in seconds.

Asset verification for lenders is the process of confirming a borrower’s financial assets during loan approval to assess their financial stability and repayment ability. It involves verifying bank accounts, investment portfolios, retirement accounts, and other liquid assets to ensure the borrower has sufficient funds.

Truv provides instant asset verification with direct bank-validated insights, offering comprehensive asset information in seconds with robust security and OAuth credentials protection.

The platform provides a complete asset summary, including current balance, available balance, 30-day and 60-day average balances, and transaction flagging for direct deposits, rent/mortgage payments, recurring payments, and large transactions.

Users can customize reports with configurable options like days of history, extended history lengths up to 2 years, and custom thresholds for large deposits and withdrawals.

Truv Asset Verification enables borrowers to connect their financial institutions in under a minute on average. Truv Reports are returned instantaneously.

Truv Asset Verification helps streamline underwriting, reduce time to close, minimize manual reviews, and increase the number of borrowers connecting to financial accounts for a faster, easier verification process.

With a seamless UI and extensive coverage, Truv has optimized the borrower experience, making the connection to financial institutions fast — under 1 minute — and easy — just a few clicks.