Partnership delivers instant income, employment and asset verifications at the initial point of mortgage application, accelerating pre-approvals and enhancing borrower experience
NEW YORK, July 2, 2025 /PRNewswire/ — Truv, the market’s leading provider of direct-to-source income, employment, and asset verifications, announced a strategic integration with Tidalwave, an innovative mortgage point-of-sale platform. The partnership embeds Truv’s advanced verification capabilities directly into Tidalwave’s mortgage application flow, creating a seamless verification process that significantly reduces pre-approval times and improves conversion rates for mortgage lenders.
“Our integration with Tidalwave represents a significant advancement in mortgage application technology,” said Kirill Klokov, CEO of Truv. “By providing instant access to real-time income, employment, and asset data at the initial point of application, we’re helping lenders make faster, more confident pre-approval decisions while dramatically improving the borrower experience.”
The integration delivers substantial benefits to mortgage lenders and borrowers alike:
- Increase Automation: Embed Truv VOIE & VOA directly in the loan application to improve conversion and alleviate manual burden
- Accelerated Pre-Approval Process: Direct-to-source verification data at the point of application accelerates lending decisions
- Enhanced Borrower Experience: Minimize document collection and paperwork friction during the initial application
- Reduced Application Abandonment: Streamlining the verification process significantly improves application completion rates
- Significant Cost Savings: Lenders using Truv save 60-80% on verification costs compared to traditional solutions
Diane Yu, CEO of Tidalwave, commented, “This partnership with Truv aligns perfectly with our mission to modernize the mortgage application process through technology. The integration provides our lender clients with instant access to critical verification data at the earliest point of borrower engagement, eliminating friction while ensuring compliance and accuracy.”
Truv’s verification solution is available immediately through the integration, empowering mortgage lenders to improve the verification workflow directly at the point of sale in Tidalwave.
About Truv
Truv provides real-time income, employment, and asset verification solutions that help lenders make more informed decisions while reducing friction in the loan application process. Through secure, consumer-permissioned access to payroll data, Truv offers comprehensive coverage across 96% of the US workforce and 2.3M+ employers nationwide and 2.3M+ employers nationwide. With real-time, consumer-permissioned access to financial accounts, Truv leads the market in coverage with connectivity to 13,000+ financial institutions.
About Tidalwave
Tidalwave is an agentic AI startup streamlining the mortgage process for both lenders and borrowers. Tidalwave is integrated with both Fannie Mae and Freddie Mac, solving critical inefficiencies in the mortgage process for both borrowers and lenders by leveraging AI to reduce costs, improve accessibility, and accelerate approvals. Tidalwave addresses the outdated, manual-heavy mortgage process by making it faster, more affordable, and accessible for all parties involved.
Media Contacts:
Truv
Email: kaytren.bruner@truv.com
Tidalwave:
Email: tgillogley@tidalwave.com
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SOURCE TRUV
