SimpleNexus
Connect borrowers through Argyle to automatically transfer their payroll data.
Overview#
SimpleNexus streamlines the mortgage process by providing:
- A centralized platform for loan origination, processing, and underwriting
- Collaboration, tracking, and real-time information exchange tools for loan originators, processors, underwriters, and borrowers
Integrating Argyle with SimpleNexus combines the power of both platforms:
- Borrowers are invited to connect their payroll accounts through Argyle
- Argyle delivers loan verification PDF documents through SimpleNexus
Integration steps#
To ensure proper set-up, reach out to your SimpleNexus customer success manager.
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Create a new SimpleNexus API token to be used exclusively with Argyle.
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Enable all permission toggles.
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Upload the SimpleNexus API token through the Integrations section of Argyle Console.
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Customize the invitations that connect borrowers to Argyle.
What happens next?#
Automated email to borrower#
When a borrower submits a loan application through SimpleNexus, the borrower and any co-borrowers will receive automated emails to verify their income and employment by connecting their payroll accounts through Argyle.
Documents delivered to LOS#
After the borrower(s) connect their payroll account(s) by providing their login credentials, Argyle will deliver the following PDF documents to SimpleNexus:
- The two most recent paystubs from each connected payroll account
- The two most recent Form W-2 tax documents available
- A verification of income & employment (VOIE) report (sample report)
If SimpleNexus is integrated with your Loan Origination System (LOS), the PDF documents will automatically be sent to the loan folder in your LOS.