Monthly Archives: January 2020

Why do mortgage lenders need tax transcripts?

Posted on January 31, 2020 by Sandra James

When you apply for a mortgage, you’ll be asked for information by the lender. The mortgage company is taking a risk every time they loan money for a home purchase, and they need to ensure that they verify all the … Continue reading →

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Can banks access tax records?

Posted on January 27, 2020 by Sandra James

When you apply for a loan from a bank, you should expect them to ask you for verification of your income. Before the economic crash of 2008, it was easy to get a loan simply by self-certifying your income. Those … Continue reading →

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4 Factors banks use to approve your business loan

Posted on January 18, 2020 by Sandra James

You run your own business and find yourself in need of money for operating costs, inventory and payroll. A business loan may be the solution to giving your business the best chance to make it. Here are a few things … Continue reading →

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How is business income taxed?

Posted on January 11, 2020 by Sandra James

When you own a business, there are many important details that you must attend to. Taxes are one of the items that should top your list when it comes to following the rules. Filing business taxes incorrectly could create long-term … Continue reading →

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What can be used as proof of income?

Posted on January 4, 2020 by Sandra James

Several places require proof of income for many different reasons. Income is important for determining your ability to pay back a loan, or in determining access to various health care insurance plans. Your income can impact your life in many … Continue reading →

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