Author Archives: Sandra James

Why do underwriters need tax returns?

If you’re in the process of applying for a mortgage, it’s likely you’ve been providing the underwriter with lots of documents. Mortgage companies typically ask for pay stubs, legal documents, and bank statements to verify your financial well-being. The mortgage … Continue reading

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Can a bank ask for tax returns?

Banks have become more cautious than ever since the mortgage crisis, so they are no longer able to simply ask if a person has the ability to repay a loan. There are many people able to provide enough information without … Continue reading

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Do business loans look at personal credit?

When you’re ready to apply for a business loan, there are many factors you need to be aware of. Applying for a business loan is easy but getting the loan approved can be difficult. While there are plenty of options … Continue reading

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Why do mortgage lenders need tax transcripts?

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?

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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