Document-based review
Review income information from supported documents such as pay stubs, W-2s, and 1099s. Confirm your document mix during discovery.
Penny · Income verification
From income documents
to a review your team can use.
Penny helps your lending team review income documents and calculate income against your underwriting guidelines. Your underwriters validate the findings and retain the decision.
A high-level product overview and fit check. No obligation.
Built around your team’s work
Spend less effort assembling the income picture.
Income review should not start with a blank worksheet each time. Penny supports document-based review and calculations while keeping your underwriting policy at the center.
Your underwriting guidelines
Configure the calculation approach around the income policies and requirements agreed with your underwriting team.
Human validation
Give underwriters calculation findings and document context to validate before making a lending decision.
Confirm fit before committing
A practical starting point.
Not a one-size-fits-all rollout.
- Workflow and policyAgree document types, income rules, edge cases, and the underwriting owner.
- Systems and accessConfirm the supported LOS, required access, security review, and the information that moves between systems.
- Configuration and readinessDefine testing, training, dependencies, and a realistic implementation plan with product and delivery.
- Value and commercial scopeUse your volumes, review time, and rework to assess the opportunity. Review pricing once the scope is clear.
Questions worth answering
Clear scope.
Clear responsibilities.
We will use the introduction to establish fit and identify any questions that require a deeper product or delivery discussion.
Which income documents can we discuss?
Start with pay stubs, W-2s, and 1099s. We will validate supported document formats, income types, and exceptions against your actual requirements. Do not assume every document type or scenario is supported.
Does Penny replace the underwriter?
No. Penny supports income review and calculation. Your staff validate the findings and retain responsibility for underwriting judgment and lending decisions.
Can Penny use our income policy?
The review is scoped around your underwriting guidelines. Product and delivery will confirm the rules that can be configured, testing requirements, and any exceptions requiring human handling.
What are the cost and implementation timeline?
They depend on the confirmed workflow, systems, access, configuration, testing, and training. We will review scope and approved pricing with you rather than promise a fixed timeline or guaranteed return.
Meet Penny
Where does income review slow your team down?
Let’s spend 30 minutes on your current process, a high-level product overview, and whether a deeper demonstration makes sense.
Schedule your 30-minute introduction
Bring your workflow questions. We will identify the right next step together.