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July 30, 2012 In Blog, Lender Solutions

Made-in China

We recently came across a piece of news, which said that Chinese banks had been given the permission to buy major stakes with their American counterparts. These deals have been signed between the U.S. and China hoping to strengthen the business relationships between the two

July 23, 2012 In Blog, Lender Solutions

Should Borrowers Sign 4506-T for Refinancing?

The IRS form 4506-T is an important part of the home loan process. Even though you may not notice such a form amidst the numerous papers that you sign, 4506-T is bound to be one of them. In the current housing market, like we have

July 16, 2012 In Blog, Lender Solutions

Student loans require verification process under new rules

Moving away from the business of mortgages, let us look into another area where for 4506-T comes into play. It is the education sector, specifically colleges. The U.S. Department of education selects random students for verification and according to the latest revision; they do not

July 9, 2012 In Blog, Lender Solutions

Will I face an Audit for filing Form 4506-T?

4506-Transcript form is a way for mortgage lenders to get insurance about the information you provide to them in regards to the previous year’s tax returns. Often the concern is, ‘Will filing the form raise any audit from IRS for previous year’s tax returns?’ Normally

July 2, 2012 In Blog, Lender Solutions

Can IRS delay your transcript even with a correctly filled 4506-Transcript form?

According to the current rules, a mortgage lender cannot approve a loan without verifying a customer’s tax information, received after submitting the form 4506-T. Any discrepancies with the filing can cause a delay for the lender and eventually for the borrower, which is not a

Lender Solutions | Blog

Made-in China

Should Borrowers Sign 4506-T for Refinancing?

Student loans require verification process under new rules

Will I face an Audit for filing Form 4506-T?

Can IRS delay your transcript even with a correctly filled 4506-Transcript form?

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