How can I verify an applicant's income?

 

Hemlane allows for integration with The Closing Docs to request verification of an applicant's income. Follow the steps below in order to get income verification reports without modifying your current workflow:

 

How to integrate The Closing Docs within your Hemlane account:

Step 1: Create an account for The Closing Docs here: Create Account

Step 2: Download the Chrome extension by clicking the link and then clicking the button “Add to Chrome”: Chrome Extension

Step 3: Once downloaded, you’ll see a little icon of the logo for The Closing Docs at the top right of your browser, as seen below:

Step 4:  Click the icon and you’ll be prompted to login. Enter the email and password used to sign up for The Closing Docs and activate the integration with Hemlane. 

*For security purposes, you will be asked to login every 2 weeks*

Step 5: You are now ready to process automated income verification requests from within Hemlane. In addition to the screening option for a comprehensive background and credit check, you will now see an option within Hemlane to request an "Income Screening". The Income Screening request can be found under the Tenants & Leases tab in both the Overview and the Screening sections of the tenant details.

 

 

 

 

What does the income report look like? 

Here is a link to a sample report.

 

 

How much does it cost and who pays?

The Closing Docs charges $10 per screening. You can choose if you want to pay for the income screening or if you want the prospective tenant to pay. For more information on pricing follow this link to their pricing page.

 

For more information on Hemlane's screening process, follow this link: How does the screening process work and how much does it cost?