Tag Archives: 4506t

Why do underwriters need tax returns?

If you’re in the process of applying for a mortgage, it’s likely you’ve been providing the underwriter with lots of documents. Mortgage companies typically ask for pay stubs, legal documents, and bank statements to verify your financial well-being. The mortgage … Continue reading

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Can a bank ask for tax returns?

Banks have become more cautious than ever since the mortgage crisis, so they are no longer able to simply ask if a person has the ability to repay a loan. There are many people able to provide enough information without … Continue reading

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Why do mortgage lenders need tax transcripts?

When you apply for a mortgage, you’ll be asked for information by the lender. The mortgage company is taking a risk every time they loan money for a home purchase, and they need to ensure that they verify all the … Continue reading

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Can banks access tax records?

When you apply for a loan from a bank, you should expect them to ask you for verification of your income. Before the economic crash of 2008, it was easy to get a loan simply by self-certifying your income. Those … Continue reading

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4 Factors banks use to approve your business loan

You run your own business and find yourself in need of money for operating costs, inventory and payroll. A business loan may be the solution to giving your business the best chance to make it. Here are a few things … Continue reading

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