Author Archives: Nenita Reyes

Frequently Asked Questions About Tax Records

Sometimes in life, it’s necessary for you to share your tax records with a third party. For example, if you want to apply for financial aid, the lender might want to see your tax returns to determine your eligibility for … Continue reading

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Tips to Prevent Mortgage Fraud

People may not think they have control over issues related to mortgage fraud. However, when shopping for a home mortgage loan, potential borrowers may take some steps so they do not inadvertently engage in unethical activities. Previously, lenders lessened requirements, … Continue reading

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Form 4506 Definition

Buying a home involves a lot of paperwork, and the most important pieces of paperwork are tax returns. Mortgage companies use to allow home buyers to state their income without any documentation, which led to the housing market crash in … Continue reading

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FAQ: 4506-T

Sometimes you or a third party individual or company might need to retrieve past tax return transcripts from the Internal Revenue Service, including W-2 Wage and Tax Statement, 1099 Miscellaneous Income, 1040 U.S. Individual Income Tax Return, 1120 U.S. Corporation … Continue reading

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Why Homeowners Should Take Notice Of Their 4506-T

When people borrow money from lenders like banks and credit unions to buy a new home or they refinance an existing mortgage, they are asked to submit IRS Form 4506-T Request for Transcript of Tax Return to confirm past and … Continue reading

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