Reverify Employment
A reverification is a verification request that will reverify the status of employment on a previously completed income or employment report. At this time, reverifications will only focus on status of employment (we will not guarantee the reverification of income, job title, or other employment information).
Once a verification is completed, you can reverify within 90 days
If a verification request has been submitted through Truework within the last 90 days, you are now able to reverify the employee's employment information directly through your dashboard. See even more detailed steps how to submit reverifications here!
Reverifications are key in helping lenders remain in compliance with underwriting requirements, and are imperative for government sponsored entities—otherwise known as GSEs—to combat fraud and uncertainty within the mortgage industry.
In today’s climate, reverifying employment has increasingly become a must-complete step before funding. Due to COVID-19, lenders have been facing stricter requirements than ever; with most needing to re-verify employment between 3 to 10 days before the loan closes.
Please note that we do not reuse verification information for reverifications, we always pull information again to ensure accuracy.