SimpleNexus

Connect borrowers through Argyle to automatically transfer their payroll data.

Overview#

SimpleNexus streamlines the mortgage process by providing a centralized platform for loan origination, processing, and underwriting, as well as collaboration, tracking, and real-time information exchange tools for loan originators, processors, underwriters, and borrowers.

Integrating Argyle with SimpleNexus combines the power of both platforms:

  1. Borrowers are invited to connect their payroll accounts through Argyle.
  2. Argyle delivers loan verification PDF documents through SimpleNexus.

Integration steps#

To ensure proper setup, reach out to your SimpleNexus customer success manager.

  1. Create a new SimpleNexus API token to be used exclusively with Argyle.

  2. Enable all permission toggles.

  3. Upload the SimpleNexus API token through the Integrations section of Console.

  4. Customize the invitations that connect borrowers to Argyle.

What happens next?#

Automated email to borrower#

When a borrower submits a loan application through SimpleNexus, the borrower and any co-borrowers will receive automated emails to verify their income and employment by connecting their payroll accounts through Argyle.

Documents delivered to LOS#

After the borrower(s) connect their payroll account(s) by providing their login credentials, Argyle will deliver the following PDF documents to SimpleNexus:

  • The two most recent paystubs from each connected payroll account
  • The two most recent Form W-2 tax documents available
  • A Verification of Income and Employment (VOIE) report (sample report)

If SimpleNexus is integrated with your Loan Origination System (LOS), the PDF documents will automatically be sent to the loan folder in your LOS.

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