TurboPass Banking reports
Verification of Income Direct from the Consumers Banking Institution
Easy to read Proof of Income from banks, credit unions, and non-traditional financial institutions…
How does this product work?
Features
- Income automatically categorized into payroll, government benefits, and other deposits, with P2P credits, transfers, and loan advances split out separately
- See banking history trends over a total of 90 or 120 days
- Risk signals up front: days negative, overdraft and NSF fee counts, and average balance calculations
- One standardized layout across all banks, credit unions, and financial institutions
Benefits
- See live balances across all linked accounts to structure better deals
- Cut days off funding with verification straight from the financial institution
- Spot padded deposits instantly, since transfers and advances are not categorized as income
- Underwrite true ability to pay, not a one-day snapshot balance
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