Checkr Expands Its Mortgage Services with New Innovations in Verification Technology

In a significant move for the mortgage industry, Checkr, the AI-driven verification platform, has unveiled its newly expanded mortgage offering. This initiative marks a year of continuous investment and development for the company, which has become increasingly influential in high-stakes decision-making environments. The expansion integrates income, employment, and asset verification, providing lenders with cutting-edge capabilities to verify and qualify borrower income effectively.

A Response to Changing Income Dynamics

The necessity for improved income verification processes stems from the evolving nature of borrower income, which has become more complex and irregular. According to research by Truework, a company acquired by Checkr in 2025, the percentage of mortgage applicants experiencing income instability surged from 50% in 2022 to an alarming 62% in 2025, with the severity of income fluctuations increasing nearly threefold over the same period. This shift underscores the importance of innovative solutions in addressing the challenges of modern income verification.

New Features Enhance Offerings

To tackle these complications in income verification, Checkr has rolled out several enhancements:

1. Acquisition of Truv: In August 2026, Checkr acquired Truv, which dramatically expands access to consumer-permissioned payroll and financial data. This acquisition provides lenders multiple new avenues to validate borrower income, employment status, and asset ownership directly, simplifying the verification process.

2. Partnership with Workday: In September 2026, Checkr partnered with Workday, allowing for the availability of verified income and employment data through Checkr for participating employers. This collaboration reduces manual tasks for employers, making it easier for them to provide necessary verification data.

3. Expanded Income Qualification: Recognizing that income sources are no longer uniform, Checkr's mortgage offering now includes the capability to assess a wider range of income types. This includes instances of self-employment, rental income, and other complex financial situations, empowering lenders to gain a comprehensive view of each borrower’s financial profile beyond the traditional employment metrics.

Meeting Lenders' and Borrowers' Needs

With the ability to verify over 97% of U.S. workers and achieving a 75% completion rate, Checkr's mortgage offering effectively consolidates data from payroll, bank, employer, and document sources. This innovative approach reduces manual data handling, enabling lenders to process loans quickly and efficiently. A recent survey by Stifel confirmed that Checkr’s mortgage solution has become a leader in the verification volume among businesses processing over 100,000 mortgages annually, showcasing its growing prominence in the market.

Felicia Lee, Checkr’s head of mortgage solutions, remarked, "Borrowers nowadays rarely present a simple W-2 paycheck; thus, the traditional verification processes often fail to capture the full scope of borrower income. By leveraging advanced data and technology, lenders can better understand diverse income sources and utilize that information confidently."

Brad Lando, Senior Vice President of Strategic Development at Rate, added, "Checkr is helping lenders meet borrowers where they are. The increased availability of data and expedited verification processes not only lower costs for lenders but also enhance the overall loan experience for customers."

Checkr’s Presence at MBA Annual Convention

Checkr recently gained visibility as a Platinum Sponsor at the Mortgage Bankers Association Annual Convention & Expo held at the Hyatt Regency in Chicago. This event provided Checkr with a platform to present its expanded mortgage offering to a broader audience of industry professionals. Individuals interested in learning more about Checkr’s mortgage solutions can visit their official site at mortgage.checkr.com.

About Checkr

Founded as an AI-powered verification platform, Checkr specializes in providing accurate and reliable answers regarding individuals' identities, backgrounds, and qualifications for high-stakes decisions. With a client base exceeding 140,000 across sectors such as employment, government, mortgage, and tenant verifications, Checkr continues to facilitate confident decision-making for both businesses and individuals. The company's operations span locations in San Francisco, CA; Denver, CO; and Santiago, Chile. For further information, visit checkr.com.