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Real Estate / Single-Family RentalSourced

Case Study: Invitation Homes cuts income verification time 60% with Plaid

Invitation Homes Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
Invitation Homes
Industry
Real Estate / Single-Family Rental
Challenge
Slow manual income verification
Headline result
60% faster income verification

Key results

60%
Faster income verification
4 days to under 2
18%
Fewer application cancellations
insufficient documentation
110,000
Houses under management

The challenge

Invitation Homes, managing 110,000 rental houses, relied on manual document-based income verification that slowed applications and carried document-fraud risk.

The solution

Invitation Homes adopted Plaid for digital income verification, coupled with Plaid IDV, to replace manual document collection.

The results, in context

Plaid reduced the time between application and completion of income verification by 60%, from 4 days to under 2, and reduced application cancellations due to insufficient documentation by 18%.

Products used

Plaid IncomePlaid Identity Verification (IDV)