The desk audit or, “pre-concurrence” service is one of the most popular services we offer. This is a straightforward process during which we review tenant or applicant files that are sent to us via secure upload to our server. We then provide a report to the client outlining any issues noted with the file and recommending corrections. We guarantee consistency in methodology and findings by having the same two people review all files and prepare the final report; those two people are a staff Compliance Consultant, and A. J. Johnson. The staff professional performs the detailed review of the file, noting discrepancies and recommending corrections. The report is then reviewed by Mr. Johnson, at which time final recommendations are made and credit risk is assessed.
This very affordable service provides our clients with a rapid way to meet the IRS requirement of demonstrating due diligence in the tenant approval process.