LPA will attempt to identify consistent payment amounts from the 12 months of bank statement data on the VOA report obtained by the lender. Rent payments made using Venmo, Zelle, and PayPal will be considered. LPA support will be available July 10, 2022.
- FAQs
- Rent FAQs
What will LPA consider a “rent payment”?
Related FAQs
Why is this revolutionary?
What will DU consider a “rent payment”?
Who has access to this new feature?
Does the FormFree AccountCheck solution support 12-month data history?
How do I request a 12-month report via the AccountChek platform?
How do I take advantage of this enhancement?
What does this mean for FormFree customers?
Why is Freddie Mac’s AIM for income using direct deposit significant?