The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jun. 09, 2020
Filed:
May. 17, 2019
Capital One Services, Llc, McLean, VA (US);
Fnu Aruhan, McLean, VA (US);
Jyothsna Bhima, Lewisville, TX (US);
Kushal Pillarisetty, The Colony, TX (US);
Saira Zaman, Frisco, TX (US);
Hilda Huang, Plano, TX (US);
Landon Nehmer, McKinney, TX (US);
Vijay Pasam, McLean, VA (US);
Kartheek Yelamarthi, Plano, TX (US);
Capital One Services, LLC, McLean, VA (US);
Abstract
Disclosed embodiments provide systems, methods, and devices for verifying income of a loan applicant. The embodiments comprise receiving an application for a loan for an applicant. The method further comprises approving the application based on a first income and requesting second income data specifying a second income. The method comprises receiving the second income data, and requesting, third income data specifying a third income. Further, the method comprises receiving the third income data. The method compares the first income to the third income and determines, if the second income is less than a predetermined portion of the third income, whether the approved application should be modified, based on at least the first, second, and third incomes. The method comprises confirming the first income, if the second income is at least equal to the predetermined portion of the third income. The method comprises notifying the applicant of the determination or confirmation.