Documentation Index
Fetch the complete documentation index at: https://docs.pylon.mortgage/llms.txt
Use this file to discover all available pages before exploring further.
Why this document matters
This form, commonly referred to as a VOR (Verification of Rent) or VOM (Verification of Mortgage), is used to verify the rental or mortgage account of a borrower. It provides third-party validation of payment history, account status, and payment amounts from landlords or creditors.
This verification is critical for:
- Payment history verification - Confirms borrower’s payment history with landlords or mortgage creditors
- Housing expense validation - Validates current rent or mortgage payment amounts for PITIA and DTI calculations
- Account status - Confirms whether accounts are current, in arrears, or have late payment history
- Creditworthiness assessment - Provides third-party confirmation of borrower’s payment behavior
Without proper verification:
- Housing expenses may be inaccurate - Unverified rent/mortgage amounts could affect DTI calculations
- Payment history unknown - Missing payment history could impact underwriting decisions
- Account status unclear - Unverified account status may indicate risk
- Underwriting delays - Missing verification can delay loan processing
The form is completed in two parts: Part I by the lender/borrower requesting verification, and Part II by the landlord/creditor providing the verification details.
When this document is requested
This document is requested when:
- Borrower has rental history that needs verification
- Borrower has existing mortgage that needs verification
- Borrower has land contract that needs verification
- Underwriting requires third-party validation of housing expenses
- Payment history verification is needed for creditworthiness assessment
Trigger conditions:
- Borrower reports rental or mortgage payments
- Housing expenses need third-party validation
- Payment history verification required
- Account status needs confirmation from creditor/landlord
Account types
The VOR/VOM form supports three account types, each with its own specific fields and requirements:
Each account type has specific fields and validation rules. See the individual pages for detailed specifications.
Common fields
All VOR/VOM forms share common fields that are completed by the lender/borrower and landlord/creditor:
| Field Name | Type | Required | Data Source | Notes |
|---|
| Landlord/creditor name | String | Yes | User input | Name of landlord or mortgage creditor |
| Landlord/creditor address | String | Yes | User input | Full address of landlord or creditor |
| Field Name | Type | Required | Data Source | Notes |
|---|
| Lender name | String | Yes | User input | Name of lending company |
| Lender address | String | Yes | User input | Full address of lender |
| Lender signature | Signature | Yes | E-signature | Digital signature with timestamp |
| Lender title | String | Yes | User input | Title of person signing |
| Signature date | Date | Yes | E-signature | Auto-populated on signature |
| Lender’s number | String | Conditional | User input | Lender identification number if applicable |
| Field Name | Type | Required | Data Source | Notes |
|---|
| Applicant name | String | Yes | Borrower entity | Full legal name, repeatable for N borrowers |
| Applicant address | String | Yes | Borrower entity | Full address, repeatable for N borrowers |
| Applicant signature | Signature | Yes | E-signature | Digital signature with timestamp, repeatable for N borrowers |
Creditor signature fields
| Field Name | Type | Required | Data Source | Notes |
|---|
| Creditor signature | Signature | Yes | E-signature | Digital signature with timestamp from landlord/creditor |
| Creditor title | String | Yes | Third-party input | Title of person signing |
| Creditor phone | String | Yes | Third-party input | Phone number of creditor |
| Signature date | Date | Yes | E-signature | Auto-populated on signature |
Template
Pre-made templates for this document will be provided separately. When a task is created requesting this document, you can provide the form to borrowers/lenders to complete Part I, then distribute to landlords/creditors for Part II completion.
