6 hours ago
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After teaming up in 2022 to bring fully digital verification of income and employment (VOIE), Argyle and nCino announced enhancements to its integration.
The initial digital integration involved reports, pay stubs and W-2s to the more than 370 mortgage companies and 52,000 loan officers that rely on nCino to manage the loan application process.
The latest enhancements to the integration, however, “improve application pull-through and loan quality by allowing lenders to embed VOIE directly into the point-of-sale (POS) workflow within nCino’s Mortgage Suite,” reads a release from the companies.
In addition to retrieving VOIE reports and pay documents from Argyle, nCino also has the capability to capture data elements like GSE Reference IDs and automatically transfer them to the lender’s loan origination system (LOS).
The integration’s enhancements also include friction-free verification, meaning that lenders can simplify borrower interactions and improve application pull-through by presenting Argyle’s VOIE solution as an embedded, in-app experience directly within nCino Mortgage.
Other add-ons to the integration include customized VOIE and payroll workflows, enable faster and more accurate AUA submission, as well as allow Argyle’s raw income data elements to automatically populate in the Uniform Residential Loan Application (URLA) to accelerate GSE rep and warrant (R&W) determination.
In addition, nCino now automatically passes new VOIE data and documents on to the lender’s LOS, “enabling a simplified employment re-verification process during the 10-day pre-closing window and ensuring data accuracy across all systems of record throughout the loan lifecycle,” the release explained.
“Our expanded integration with nCino reflects Argyle’s commitment to meeting lenders and their customers throughout the loan journey. Embedding Argyle’s VOIE at the point of sale gets loans through the loan process faster with accurate, complete data lenders and GSEs can trust,” said Argyle Vice President of Mortgage John Hardesty.
Argyle streamlines loan origination and eliminates manual document collection, resulting in time savings of 5–7 days per loan and cost savings of 60–80% compared to legacy VOIE solutions, the company claims. Hardesty expects the integration updates will drive greater adoption among mutual lender customers.
“Embedding Argyle directly into the nCino Mortgage Suite makes it easier for lenders to process applications efficiently and provide borrowers with a smooth experience. Our collaboration is all about accelerating VOIE and ensuring borrower data flows smoothly from Argyle to nCino, through LOS platforms and into GSE systems with accuracy,” said Casey Williams, general manager of nCino Mortgage.
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