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August 12, 2019 In Lender Solutions, 4506-T Tax Transcripts, Blog, Financial, IRS and Tax Transcripts, Small Business Loans

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 at a few questions surrounding

August 5, 2013 In Lender Solutions, Blog, IRS and Tax Transcripts

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 verify income before lending. The

June 24, 2013 In Lender Solutions, Background Checks, Trends

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 a significant progress. The sales prices

January 14, 2013 In Lender Solutions, Blog, Home Mortgage, IRS and Tax Transcripts

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 can cause a lot of

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