Category Archives: IRS and Tax Transcripts

Do Mortgage Lenders Look at Tax Returns?

Mortgage lenders are important because they make it possible for Americans to have homes. However, every time they offer a home loan, these lenders take a risk that the borrower may not be able to repay the money. Therefore, they … Continue reading

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What statements are needed for a mortgage?

Applying for a mortgage is a large step towards borrowing money for a new purchase. You should, however, be aware of the paperwork required to receive a mortgage. Today, we will go over a few statements that you’ll need. Let’s … Continue reading

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Why is a 4506-T required?

A form that many people first meet when they’re applying for a loan is a 4506-T. Although this form may seem daunting at first, it’s a relatively simple form that most people can complete quickly. Today, we’re going to look … Continue reading

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Do lenders verify tax returns?

When you are applying for a mortgage, your potential lender wants to make sure you are telling the whole truth about your income and assets before approving your loan. To make sure there is no fraudulent activity, your lender will … Continue reading

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What are the types of business taxes?

The Types of Business Taxes When running a business, it’s best to keep up with your taxes to avoid penalties. Throughout the year, a business can pay the taxes that they owe from their annual income quarterly or yearly. In … Continue reading

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