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Categories
Monthly Archives: June 2012
What Borrowers Should Know about Form 4506-T
The form 4506-T is an important part of the mortgage world. This form helps keep any type of mortgage fraud in check, which in turn helps balance the economy. The 4506-T enables lenders to request the IRS for a borrower’s … Continue reading
Lender’s Guide to Form 4506-T
The 4506-T is a request for tax return transcripts from the IRS. After the housing market crashed, Fannie Mae has made it mandatory for lenders to verify a borrower’s claim to income. Lender could have the applicant sign form 4506-T … Continue reading
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How Form 4506-T Keeps Fraud in Check
Lending and borrowing are the two sides of a seesaw that keeps the delicate balance in an economy. Any process that might impair this balance should be dealt with utmost care. People need to be patient and understand that certain … Continue reading
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How to Avoid Rejections on a 4506-Transcripts Form
Just like any other sector, time is important in the mortgage world too. It is as important for clients as it is for the people waiting to buy a house. Our processing time is much quicker than approaching the IRS … Continue reading
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