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Borrower Verification Services
Covius’ Verification services – Taxdoor®, VODAchek™ and Verification Services (including VOE, VOI and VOA) – provide reliable, accelerated verification reporting and offer Day 1 Certainty® protection for Fannie Mae loans.
Taxdoor is a fully automated, mobile-enabled transcript verification service designed to reduce common errors that can cause delays and high IRS rejection rates, such as incomplete or incorrect 4506-C forms. Compared with manual ordering, Taxdoor’s one-click ordering from any mobile device can reduce turn times by more than 48 hours.
VODAchek provides lenders instant, automated electronic bank statements with up to three months of borrower transaction details. Connected to 15,000 financial institutions through a secure, web-based platform with flexible reporting tools, VODAchek satisfies FannieMae’s VOD requirements for Day 1 Certainty.
Taxdoor and VODAchek can be ordered – individually or bundled – through UPFDirect, FundingSuite®, Ellie Mae® Encompass® or Calyx Point®.