Floify
Securely retrieve employment history and income by allowing borrowers to connect through Argyle.
Overview#
Floify streamlines the mortgage process by providing a centralized platform for loan origination, processing, and underwriting, as well as collaboration, tracking, and real-time information exchange tools for loan originators, processors, underwriters, and borrowers.
Integrating Argyle with Floify creates a seamless and automated workflow:
- Borrowers are able to connect their payroll accounts through Argyle within Floify.
- Argyle delivers paystubs, W2s, and an income & employment verification report PDF to Floify.
- All payroll documents and verification reports are viewable in Floify and [optional] Encompass.
Integration steps#
Please contact your Floify customer success manager to enable the Argyle integration. Additionally, let them know if you require the retrieved payroll documents and verification reports to be accessible within Encompass.
What to expect#
Borrower connection process#
After the Argyle integration is enabled, borrowers will be able to connect their payroll accounts within Floify by selecting their source(s) of income (such as their employer) and providing their payroll system or employer's login credentials. These are the same login credentials they would use to manually retrieve copies of their paystubs and tax documents.
Payroll documents and verification reports delivered to Floify#
After each payroll account is connected, Argyle will deliver the following PDF documents to Floify:
- All paystubs from the past 60 days
- Year-end paystub for each of the last two completed years
- The two most recent Form W-2 tax documents available
- A Verification of Income and Employment (VOIE) report (sample report)
Payroll documents and verification reports available in Encompass#
If you use Floify as your POS alongside Encompass as your LOS, the PDF documents and verification reports will automatically be sent to the relevant eFolder within Encompass.