Finance
A Virginia borrower applying for a mortgage must authorize the lender to verify their employment and income. This is called a:
ATitle search
BVerification of Employment (VOE) or income verification as part of the underwriting process✓ Correct
CCredit check
DAppraisal order
Explanation
Lenders verify employment and income through VOE forms, pay stubs, W-2s, and tax returns as part of the underwriting process. This satisfies the Ability to Repay (ATR) documentation requirement.
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