Tax Return Verification
Falsified tax returns account for 40% of all mortgage-application fraud. Kroll Factual Data’s Tax Return Verifications reduce this risk by providing you with an efficient, reliable, national source to verify applicant’s tax returns and income within 48 hours.
Why Our Tax Return Verifications?
- Rapid Results
Results are available to you within two days over Kroll Factual Data’s secure web-based platform, enabling you to screen and close more loans with greater accuracy and less risk.
- Up to 3 Years of Returns
We can verify the accuracy of one, two or three years of tax returns for individuals and businesses.
- A Single Report
You receive from us a single, easy-to-read report that verifies and applicant’s total income, social security number and includes the IRS transcript, with all schedules filed.
- Trusted Results
The accuracy of our data is so reliable that many investors such as Freddie Mac endorse our Tax Return Verification services and in many cases accept our report in place of an applicant’s tax return.
- Improved Profitability
As technology and consumers continue to pressure lenders for shrinking processing times, direct use of the IRS becomes impractical. Tax Return Verification reports are a fast, reliable way of reducing your chances of becoming a victim of tax-return fraud.
