Gain Increased Confidence on Self-Employed and Rental Income Calculations
Halcyon, a financial services innovation company specializing in advanced income verification and calculation technology, today announced a new integration between its TrueCalc™ solution and Fannie Mae’s Income Calculator. TrueCalc™ automates income calculations from borrower-provided tax returns and submits the resulting data directly into Fannie Mae’s Income Calculator. Self-employment and rental income calculations produced by Income Calculator are eligible for representation and warranty relief, giving lenders an underwriting-ready income amount.
“Self-employed borrowers have always been the most complex segment. This integration gives lenders upfront income confidence through an automated connection to Fannie Mae’s Income Calculator.”
— Kirk Donaldson, CEO, Halcyon
The integration covers self-employed and rental income calculations from borrower-provided tax returns. For existing TrueCalc users, no workflow changes are required.
“Self-employed borrowers have always been the most complex segment to serve efficiently. This integration gives lenders upfront income confidence through an automated connection to Fannie Mae’s Income Calculator, delivering speed, accuracy, and reduced risk in a single workflow,” said Kirk Donaldson, CEO of Halcyon.
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Key Benefits for Lenders
Confidence in Every Income Calculation — Lenders can quickly assess complex income situations with clear, accurate calculations they can rely on, covering self-employed and rental income from borrower-provided tax returns.
Fannie Mae-Calculated, Workflow Ready — Lenders receive Fannie Mae-calculated income that supports confident underwriting decisions, all within Halcyon’s existing platform. No additional implementation is required for current users.
Auditable, Investor-Ready Documentation — Every calculation produces a standardized audit trail suitable for investor and compliance review.
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