4506-T Tax Transcripts now integrated
into Fannie Mae’s Day 1 Certainty™
Veri-Tax is pleased to announce that we are an authorized report supplier – providing Asset Verifications and 4506-T Tax Transcripts for Fannie Mae’s Day 1 Certainty™. Verification of Income / Employment currently in pilot with Fannie Mae.
As an authorized report supplier, Veri-Tax can provide income and asset verifications through the Fannie Mae Desktop Underwriter® (DU®) validation service.
With access to Veri-Tax’s 4506-T income verification and asset verification services, lenders enrolled in the DU validation service are able to receive Day 1 Certainty – the freedom from representations and warranties for validated loan components.
With Veri-Tax, you get:
4506-T Tax Transcripts now integrated into Fannie Mae’s Day 1 Certainty! We are an Authorized Report Supplier for Fannie Mae Day 1 Certainty, providing Income and Asset Verifications through the Fannie Mae Desktop Underwriter® (DU®) Validation Service.
- A Faster and More Efficient Verification Process
- An Improved Experience for Your Borrowers
- A Fast, Secure and Reliable Digital Tax Transcript Directly from the IRS
- Flexible and Robust Integration Options to Fit into Your Workflow
- A Guarantee of “Customer Happiness” Across all of Your Interactions
- Quick and Easy Setup Process
Fannie Mae Day 1 Certainty FAQ’s
Q: How do I get set up with Fannie May Day 1 Certainty?
A: Please complete the Fannie Mae online DU Validation Service Setup Form. Also, be sure to provide Veri-Tax with your Fannie Mae Seller Servicer Number and/or Subscriber ID to get set up at www.fanniemae.com/duvalidationservice.
Q: What is the Fannie Mae Seller Servicer Number or Subscriber ID?
A: The Seller Servicer Number (SSN) is a 5-digit or 9-digit number specific to lenders who work with Fannie Mae. The Subscriber ID is a 6-digit alphanumeric ID given to brokers who have business with Fannie Mae. These 2 pieces help distinguish a Fannie Mae customer to be a lender or broker. If you are unsure, please contact 1-800-2FANNIE for assistance.
Q: Will there be an extra Automation Fee or Reissue Fee to get set up?
A: If you chose to opt into Fannie Mae’s Day 1 Certainty for 4506-T Tax Transcripts, Veri-Tax will not charge an extra Automation Fee or Reissue Fee!
Q: How do I select Veri-Tax as a Fannie Mae DU validation service Report Supplier?
A: Lenders who do not have direct system integration can manually enter the Veri-Tax Order ID in the DO or DU user interface.
The DO and DU user interface includes an “Income & Asset Validation” section on the “Additional Data” screen.
In the Income & Asset Validation section, choose Veri-Tax from a drop down menu, and enter the corresponding Borrower SSN with the associated Veri-Tax Order ID.
Users can enter up to four Fannie Mae reference numbers to accommodate multiple borrowers on the loan application. Please enter the Fannie Mae reference number as SSN:OrderID
What Our Clients Say
“I truly enjoy working with Veri-Tax. They provide excellent customer service and are a reliable partner. My Account Manager is very hands on and the Customer Happiness Team definitely lives up to their name! Their system is also very easy to use and the account set up was simple and quick.”
“Veri-Tax has an outstanding customer service department! Very quick to respond & very helpful! I am also responsible for setting up new users and the process is quick and simple.”
“The Customer Happiness team is always super helpful, friendly and quick to respond. If I could hug them I would. The ordering platform for Veri-Tax is very user-friendly and only takes a couple seconds to make an order. I wish all my vendors were as easy as them!
Setting up our account with Veri-Tax was super quick and easy. They always had someone available to answer any questions along the way. Yay Veri-Tax!”