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Use caseUC0032

Check a mortgage borrower's pay stub for qualifying income

Every loan file carries pay stubs, and each one means reading year-to-date pay and deciding whether a bonus really repeats. This app reads each stub, proposes a qualifying monthly income and sends an excluded bonus to an underwriter.

For loan underwritersCross-domain · Banking

Why it matters

Today's manual process, and the same job with the app

Mortgage and consumer-lending underwriters and processors, checking pay stubs before income goes into a loan file.

✕Today's manual process

1Open each pay stub in the loan file and find the year-to-date earnings.
2Read the bonus note and decide by eye whether the bonus has a real payment history.
3Check the overtime to see how many pay periods it was actually paid in.
4One wrong call puts a bonus that will not continue into qualifying income.
Every stub read and judged manually

✓With the app

1Each stub is read, with ten details filled in and the stub line each came from.
2The bonus note is judged: a repeating bonus or a one-time payment, from the stub's own words.
3Overtime is read with the number of pay periods it was paid in.
4A monthly income is proposed, and an excluded bonus goes to an underwriter to decide.
Underwriters decide only the flagged bonuses

See it work

One real case, read by the app, step by step

Casey D. Rossi at Blue Harbor Logistics has a $3,433.34 bonus described as a one-time spot bonus.

Check a mortgage borrower's pay stub for qualifying incomeReference appBuilt to be shaped to your process
  1. 1What the stub says name, employer, pay frequency and period end, each with its source line.
  2. 2No overtime here the stub shows none, so none is counted toward income.
  3. 3The bonus, judged described as a one-time spot bonus, so it does not repeat.
  4. 4Sent to an underwriter a proposed $4,819.75 a month, with the bonus left out.

For engineers

How it is built, and how we measured it

All fourteen steps of the build are written up, from the business case to running it in your own environment.

Kit overview →
9 of 9bonuses needing review were flaggedmeasured in 06 Evals →
0 of 46stubs flagged without need
448 of 448pay stub details read exactly rightmeasured in 06 Evals →
8¢to read all 55 pay stubsmeasured in 07 Unit cost →

The build, step by step

14 steps

Make it yours

What you see is a reference app. We shape it to how you work.

Every part of it is built to change, and none of it means starting over.

Your rulesYour income policy: what counts, how much bonus history you need, when to review.
Your recordsThe pay stubs already in your loan files, in the layouts your borrowers send.
Your systemsProposed income and review flags go into your loan origination system.
Your screensThe fields, wording and layout your underwriters already use.

Want this for your team?

Talk to us

We can run this on your own pay stubs, with your own income rules, inside your environment.

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