Which of the following is NOT a type of verification used in underwriting?

• A. WVOE: Written Verification of Employment
• B. VVOE: Verbal Verification of Employment
• C. VOD: Verification of Deposit
• D. VOA: Verification of Assets

Answer: (D)

In underwriting, the focus is on confirming income, employment, and available funds. Written and verbal verifications of employment are used to verify current job status and salary, helping assess ongoing income stability. Verification of Deposit checks the actual funds in the borrower’s bank accounts to cover down payment and reserves. However, there isn’t a standard, widely used form called Verification of Assets in the underwriting process. Asset information is typically verified through bank statements and other asset documentation rather than a separate, formal VOA verification. That’s why Verification of Assets is not a standard underwriting verification type.