Case Study: AmeriSave Mortgage Corporation cuts VOIE costs and boosts conversion with Argyle

AmeriSave Mortgage cuts VOIE costs 80% with Argyle

AmeriSave Mortgage Corporation, a top direct mortgage lender, faced sharply increasing costs for its income and employment verification process, which threatened its ability to offer competitive pricing. To address this challenge without sacrificing loan quality or the borrower experience, AmeriSave sought a new solution and partnered with Argyle for its consumer-permissioned VOIE reporting service.

By implementing Argyle's solution, AmeriSave achieved an 80% reduction in verification costs and saw conversion rates of more than 50%. Furthermore, Argyle's data completeness enabled the lender to receive GSE representation and warranty relief on one in five loans, providing superior buyback protection. The custom integration was completed in just three weeks, and the significant cost savings allowed AmeriSave to pass some of those savings on to its borrowers.

AmeriSave Mortgage Corporation