Indecomm Global Services, Edison, N.J., partnered with ability-to-pay fintech FormFree, Atlanta, to introduce Business Health Check, an automated analysis of self-employed loan applicants’ current business income and expense streams that helps mortgage lenders make better-informed loan qualification and underwriting decisions.
Mortgage lenders gain access to intuitive analytics, trends, inferences and red flags on self-employed borrowers’ income. Calculated using Indecomm’s IncomeGenius and validated against business bank account information via FormFree’s AccountChek, Business Health Check provides mortgage lenders with a uniform, document-free approach that encourages consistency while reducing risk and delivering key insights.
Read the full story in MBA Newslink.
