True And Candor Unveil Income Verification Tool, Instant Income Clarity

AI mortgage automation firms TRUE and Candor Technology have partnered up to launch Instant Income Clarity, a new tool that verifies borrower income in minutes and makes the data accessible to loan officers and branch teams, not just underwriters.

The companies said the jointly developed platform “combines TRUE’s Background AI workers with Candor’s proven decisioning engine,” which both companies say has supported more than 600,000 underwritten loans with zero repurchases.

Candor and TRUE claim the tool is the first to deliver GSE-aligned, verified income analysis instantly, a process that typically takes hours or days using traditional systems that rely on manual review or offshore outsourcing.

“This is the kind of breakthrough our industry has been waiting for,” said Steve Butler, CEO of TRUE. “By combining Candor’s proven underwriting automation with our autonomous data processing, we’re delivering speed, accuracy, and scale that simply haven’t been possible before. Instant Income Clarity is the first result of our partnership, and it’s only the beginning.”

“TRUE and Candor share a vision for a fully autonomous and transparent loan manufacturing process,” added Ryan Edmonds, CEO of Candor. “By uniting clean, trusted data with warranted, trusted decisions and calculations, we are collapsing timelines, reducing risk, and eliminating waste in ways that fundamentally transform how lenders operate. This unified decisioning and intelligence platform powers next-gen automation from borrower document intake through post-close QC.”

The system automatically updates as new borrower documents are added, and supports multiple income types, including W-2, self-employed, commission, rental and retirement. Underwriters retain oversight, but routine income analysis is handled automatically.

TRUE and Candor said the tool can shorten loan cycle times, lower costs and reduce repurchase risk.

The companies says they plan to showcase Instant Income Clarity at the Mortgage Bankers Association’s Annual Conference in Las Vegas at the end of the month.