Easy and Fast Order Processing With 4506!

Whenever you need help processing those pesky IRS forms that hinder your growth as a business, look for easy and fast order processing with 4506!

What is 4506-Transcripts.com?
Expert leaders in the tax verification field, 4506-Transcripts.com has helped numerous clients process their 4506-T forms. Thier service has worked with banks, mortgage bankers, and legal firms process these time-consuming requests and ensure that no form is sent in wrong.

Located in Walnut Creek, California, the company was founded in 2010 by Sandra James, who is also the President and Founder of Private Eyes, Inc. (PEI), a pre-employment screening company launched in 1999.

While her company offered their own 4506 transcript service, she recognized the need for a primary service dedicated to solely helping clients file these forms while responding to federally mandated requirements.

What They Offer
An authorized bulk vendor of the IRS, 4506-Transcripts.com order and process thousands of clients’ IRS documents a month. With their industry-leading system, they help file W-2’s, 1099’s, and other IRS forms within a matter of days.

4506-T IRS TRANSCRIPTS
4506-Transcripts.com provides banks, lenders, brokers, and law firms quick access to their client’s information. When requesting a 4506-T from the IRS, it can take anywhere from 30-60 days to have the document processed.

With their service, they can provide fast and accurate transcripts without having to spend time dealing with red tape.

SSA-89 FORM
4506-Transcripts.com also offers integrated processing for Social Security Administration SSA-89 form.

How You Can Get Started With 4506 Today!
The process is simple and fast. Upload your 4506-T to their website, and let experts review the document for compliance and accuracy before sending it off to the IRS. That’s it!

To get going with your pesky 4506-T forms, feel free to call 4506-Transcripts.com’s number at 1-925-927-3333 or email to schedule a free consultation.

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How Can Mortgage Lenders, Banks, and Credit Unions Benefit From 4506-Transcripts?

Before you lend money, it is important to establish the financial worthiness of your client. Traditionally, that was done by checking the client’s credit rating and asking for a copy of his tax return, but that only tells you part of the story.

Tax Returns

While it is great to ask for tax returns, you may be missing out on important information such as:

  • Whether the return was ever accepted by the IRS
  • Whether changes were later made to the return
  • Did the client pay the tax liability in full

4506-T Request for Transcript

An IRS transcript is better proof of income than the return. It is third-party confirmation of the amounts reported on the return, and it gives you a truer picture of the client’s true ability to pay back a loan. It is also a requirement for many types of loans.

Speedy Reply

Requesting a transcript by mail can take 10 days or more, and that is if it is filled out correctly and does not get rejected by the IRS. Many potential clients do not want to wait 10 minutes to know if they qualify for a loan, forget 10 days. With 4506-Transcripts on your side, the transcript request is double-checked for errors before it ever leaves the office. You can get a quick response that allows you to close the deal sooner and with the confidence of knowing you have properly vetted to prospect.

Other Services

Beyond transcript requests, 4506-Transcript is prepared to help you with the following services:

  • SSA-89
  • Verification of assets
  • Employment verification

If you work for a mortgage lender, bank, or credit union, benefit from the rapid, accurate services provided by 4506-Transcript and turn prospective clients into happy customers.

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Getting a Home Mortgage With Your 4506-T

After the housing market crash of 2008, lenders have increased the amount of verification needed to qualify for a mortgage loan. One of the current requirements is form 4506-T, which is an IRS form that requests a tax transcript. This form has been in use for years, but usually only for borrowers with unordinary income and only at closing. Now, however, lenders are asking for the 4506-T from everyone up-front and at closing.

The reason for this increased income verification is that a lot of loans prior to 2009 had exaggerated income statements that led lenders to approve mortgages based on higher incomes. This occasioned many foreclosures for people who could not make the mortgage payments.

Fannie Mae (FNMA) and Freddie Mac (FHLMC) are government-sponsored enterprises created by Congress. They do not originate loans but instead purchase secondary mortgages. These two major enterprises have required lenders to obtain the 4506-T both at the application and at closing for all loan applications since September 1, 2009.

Form 4506-T ensures that the income information provided on the mortgage application matches the actual tax returns filed by the borrower. If the income amounts do not line up with the tax return amounts, then the lender can either modify the original application to align with the tax return or deny the loan request.

The borrower specifies the year(s) of tax returns transcripts needed. A maximum of four years is available for request, but borrowers can request a fewer number of years. This is important because borrowers should only have the relevant tax year information given to the lender.

Having just the necessary information sent to the lending institution curtails the amount of personal information that can be viewed by numerous and unknown people at the lending institutions. With the increasing amount of personal information fraud, borrowers should always protect their personal information as much as possible.

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Time is Money—In Today’s High-Speed World, It’s Truer Than Ever

Americans who spend 2,500 hours per year engaging in work and all its related demands (commuting, studying, etc.) can determine the value of their time by assessing their yearly total income. Those who net roughly $12,000 can value an hour of their time at a hair under 5$, while those who net $100,000 can bump that number to $40 an hour. Included in this calculation is the time spent investing in the skills that help generate this income, which leaves many thinking their time is worth less than they thought. This brings us to the conclusion that it takes a lot of time to make money.

In a competitive modern job market, then, every hour spent in a non-productive fashion lowers that hourly bar. When our earning potentials are linked to the time we put in to studying and building up our skills, every hour lost is money lost. Time really is money when you can put a value on an hour.

According to a national census, a third of Americans now hold college degrees, which is the highest number ever recorded. It takes many weekly hours over the course of 4 years to get a degree, but the time often pays off with college graduates earning an average 56 percent more annual income than non-graduates. The numbers here go to show that an investment of your available hours into pursuits related to income, namely work-related business and education, up the value of subsequent hours.

Globalization is shrinking the size of our world while ballooning the size of its economy and job market. With this in mind, effective people will understand the value of treating their time as a vehicle that generates income. Just like a wise investment of capital, a wise investment of time-saving businesses, such as 45o6-transcript.com, consistently increasing returns, as the data here have shown.

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All The Paperwork You Need To Apply For A Mortgage

The process of getting a mortgage starting from the process of applying for a loan until you close on your property is a long and winding road. The first step is to gather information about the process and apply for a loan through a bank or broker. The application process requires several documents that you should prepare before applying for the loan to make the process go as quickly as possible.

Tax Forms or Profit and Loss Statements
Lenders want to have proof of income for the past two years in the form of your last two years of tax returns. Have these ready or you might not be able to secure the loan. If you’re self-employed, keep copies of your profit and loss statements as proof of your income.

Assets
Proof of your assets is also required. The documents you’ll want to have ready are the past two months of bank statements for both savings and checking accounts. Include proof of other assets such as stocks, bonds, IRAs or CDs. If you own other property, include the address and payment details of that loan.

Residential Proof
Provide proof of your residential address for the past two years. The bank will also want to know the name and address of your landlord if they want to contact them for information on your payment history.

Debts
Your other debts play a large part into being approved for a loan. Have your information, especially if the information isn’t listed on your credit report, about the creditors, minimum monthly payments and current balance on the account.

Prepare yourself appropriately when deciding to purchase a home. You’ll be more prepared for the process if you go into the bank knowing the documentation that they’ll expect, giving you more time to properly prepare and make copies of.

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