Category Archives: Home Mortgage

Using IRS Form 4506-T in Mortgage Loan Processing, Quality Control, & Auditing

Following the financial crisis in the mortgage markets in 2008, lenders have increased the standards of document review and verification that are part of the loan process. Lenders are required as part of the Dodd-Frank Act to perform a thorough … 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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Papers You Need To Gather For A Mortgage

In order to obtain a mortgage loan, you need documentation to prove your assets, debt, and income. Some of the documents may be able to be obtained for you by the lender, and some you will need to bring. You … Continue reading

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What Paperwork Do I Need To Get A Mortgage?

When you are applying for a mortgage, there will be a significant amount of paperwork that must be provided and prepared for your lender. While each lender may have specific documents they require for their company, every lender will require … Continue reading

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Why Home Buyers Should Pay Attention To The IRS Form 4506-T

When applying for a loan, especially a mortgage loan, most people presume the process is secure. After all, you’re sitting in a nice office. The bank officer got you coffee. What could go wrong? The reality is loan applications have … Continue reading

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