Tenant Income Certification: How to Verify Tenant Income

Income Insights empowers you to decide which applicants need additional income verification and which to skip.

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Online tenant screening for property owners

What’s in the Income Insights Report?

SmartMove® estimates total job and non-job related sources of income.

  • Is the income close to or higher than what the tenant reported during the screening process
  • Rent to income ratio

Straightforward Pricing

Choose who pays pays (where applicable) and no hidden fees.

SmartCheck Plus

When you want a little more information on your potential tenant.

 

${SmartCheck Plus:40}

SmartCheck Basic

Our basic screening includes our proprietary score and criminal background check.  

${SmartCheck Basic:25}

Background Check Basic

Our basic screening includes our proprietary score and criminal background check.  

${SmartCheck:25}

**The Criminal Report and Eviction Related Proceedings Report are subject to federal, state, and local laws that may limit or restrict SmartMove's ability to return some records. Certain jurisdictions may limit what records are eligible for return, click here for more information.

✝ Based on a 2016 TransUnion Survey:

Person holding up 370MM records

Save time and effort.

You’ll be able to decide for yourself which applicants require additional income verification and which ones you can skip.

Lower your risk.

Get insights on anyone with a credit report with at least one tradeline to help lower your risk of tenant payment problems.

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Results from a trusted source.

Based on TransUnion’s® proprietary model that was verified against a variety of historical income data collected by independent third parties.

Be more confident that your prospective tenant makes what they say they make.

Frequently Asked Questions:

You know income is an important part of your rental criteria. Now SmartMove offers an easy way to help you be more confident in your applicant’s self-reported income.

Income Insights helps you determine within minutes whether additional proof of income should be collected on an applicant so you can decide for yourself which applicants to verify and which to skip.

Because when the Income Insights estimate aligns with your applicant’s self-reported income, you can feel more confident in deciding to skip additional income verification.

Verifying a prospective tenant’s income is part of the process of doing landlord tenant credit checks, but it can be time-consuming. Often it requires a call to the applicant’s employer and additional paperwork.

As a busy property owner, you need an easy way to evaluate renter salary and decide whether or not additional income verification is necessary.

Income Insights is based on TransUnion’s proprietary model that was verified against a variety of historical income data collected by independent third parties.

 

The model analyzes the applicant’s self-reported income by using data from the credit report, including an analysis of how much they pay toward balances, the amount of money they spend, and the types of balances they carry among other factors.

Income Insights compares this credit behavior to the applicant’s self-reported income to determine whether additional income verification is recommended.

Income Insights can be used to analyze the income of anyone with a credit report, and also takes into account non-work related sources of income such as child support and alimony.

Income Insights allows you to analyze tenant income within minutes. You’ll be able to decide for yourself which applicants require additional income verification and which ones you can skip.

When Income Insights estimates your applicant’s income may be lower than what they reported, you can decide whether you need to do additional income verification.