Loan Origination Systems
Automate your verification of income and employment processes with Argyle.
Integrating Argyle into your Loan Origination System (LOS) can transform your verification of income and employment process into a one-click workflow for your loan processors:
- Message is sent to the borrower inviting them to connect their payroll providers.
- Income and employment data and documents are retrieved by Argyle.
- Borrower information is transferred to and can be accessed through your LOS.
This guide walks you through the implementation:
Invite template setup#
You can brand and individually personalize the template message, landing page, and payroll connection experience for borrowers using either:
- The Argyle API
code - Argyle Console
no-code
Use Flows in Argyle Console to adjust the payroll connection experience and choose whether to allow alternative income and employment verification options if the applicant cannot locate or connect their payroll accounts, such as allowing for document uploading.
Invite messages can be sent with either method as an email, SMS, or both. The invite messages will contain the link borrowers can click to begin connecting their payroll accounts.
Stay notified#
Once an applicant has successfully connected to their payroll accounts, Argyle will begin retrieving their income and employment data and documents.
You can choose to receive notifications to keep track of where applicants are in their account connection process and the status of data delivery.
Argyle uses webhooks to deliver these notifications, which can be subscribed to and received through either:
- The Argyle API
code - Argyle Console
no-code
We recommend subscribing to the users.fully_synced webhook to be notified when an applicant has successfully connected their payroll accounts and their data is fully available.
If you allowed document uploading during the connection process, subscribing to the forms.submitted webhook will inform you when the applicant uploads employment documents.
Retrieve the data#
Once an applicant's data has been retrieved, it can be accessed entirely through either:
- The Argyle API
code - Argyle Console
no-code
You can fully automate transferring the applicant's information to your LOS by waiting for the users.fully_synced webhook to be delivered and then fetching and passing the data from the Argyle API.
Relevant data fields#
| Data Fields | Type | Console Location | API Location |
|---|---|---|---|
| (PDF) Income & Employment Verification Report | summary information | Reports | Reports |
| (PDF) Employment Verification Report | summary information | Reports | Reports |
| time account was last updated | account information | Header | Accounts |
| first name, last name, SSN, birth date, address, martial status | profile information | Profiles | Profiles |
| employer, employment status, job title, hire date, termination date | employment information | Employments | Employments |
| employer address | employment information | Payouts | Payouts |
| last payout date (for their most recent paystub) | income information | Payouts | Payouts |
| total yearly income including total gross pay, base pay, overtime pay, commission pay, bonus pay, net pay, and taxes | income information | Income Totals | Income totals |
| (File and data) W-2, 1099, and paystub documents from payroll accounts | document information | Payouts (paystubs) Documents (W-2 and 1099) | Payouts (paystubs) Documents (W-2 and 1099) |
| (File and third party OCR data) W-2, 1099, and paystub documents uploaded by the applicant | document information | Uploaded documents | Forms |
Reconnections#
There may be situations where a borrower needs to return to Argyle in order to:
- Re-verify disconnected accounts
Re-verification is a one-click process for the borrower. They will not need to provide their login credentials again if the account was successfully connected previously.
- Connect additional accounts
- Revoke access to previously connected accounts
Independent of whether you originally sent an invite to a new borrower through Console or via the API, you can reconnect invited borrowers via:
- The Argyle API
code - Argyle Console
no-code