Tag Archives: 4506-T form

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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Minimizing Frauds With The Help Of IRS Verifications

The housing market implosion in 2007-2010 was largely due to unsubstantiated income claims on mortgage applications, which resulted in lending money that could not be afforded by people. This is the reason that moneylenders are now using 4506-T forms to … Continue reading

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Significant Rise In Sales Of Single-Family Homes

With reference to the latest reports from HUD and the U.S. Census Bureau, it has been noted that a rise of 2.3% in sales of single-family homes has occurred. The sales numbers are higher than the previous month and show … Continue reading

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Mortgage Rates Soar with latest Unemployment Numbers

The April unemployment numbers released by Department of Labor played a one night magic spell on the mortgage rates. This made the rates skyrocket within two days before the Memorial Day weekend. It may have caused tension for loan borrowers, … Continue reading

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Aim for Successful Mortgage Closure

Every individual dreams of buying a house, but with it comes many responsibilities and hassles. One of the major factors to avoid is delaying the closing of a deal. Most homeowners are unaware that a small mistake on their part … Continue reading

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