FormFree announced the availability of its AccountChek automated asset verification service within Blue Sage’s cloud-based digital mortgage lending platform, the company announced in a release.

The integration makes it possible for borrowers to verify assets with AccountChek through the Blue Sage Borrower Portal and for loan originators to order reports through the Blue Sage Loan Officer Portal and Retail LOS.

FormFree’s AccountChek verification service makes it easy for consumers to demonstrate their ability to repay mortgage loans by electronically fetching bank statements and other asset documentation. Faster and more secure than exchanging paper documents, AccountChek’s patented technology improves the borrower experience and reduces loan processing and underwriting times for lenders, the company stated.

Blue Sage has made AccountChek available through its Borrower Portal, Loan Officer Portal and Retail LOS to enable automated asset verification at various stages in the lending process. Consumers quickly can verify assets as they apply for a loan using the Blue Sage Borrower Portal. Loan officers can email borrowers a link to verify their assets and submit report orders through the Blue Sage Loan Officer Portal and Retail LOS.

“AccountChek gives borrowers a secure and modern way to submit asset data to mortgage lenders,” FormFree CEO Brent Chandler said in the release. “We are proud to partner with Blue Sage to give the same secure and modern experience to loan officers initiating the asset verification process.”

“Offering automated asset verification to consumers at the point of application expedites approval with little to no intervention from the LO, processor or underwriter,” Blue Sage Chief Operating Officer David Aach said. “Combined with Blue Sage’s bidirectional integrations with Fannie Mae Desktop Underwriter, Freddie Mac Loan Product Advisor and automated underwriting systems (AUS), our platform is able to optimize the financial decisioning process for mortgage lenders.”