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4506-t

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Guest	Posted: Wed Jun 15, 2011 4:36 am    Post subject: 4506-t Like 0 Dislike 0 what is this 4506-t
chrisgummerson Community Expert Joined: 29 Apr 2010 Posts: 704 Location: La Palma, CA 9.98 Dollars($)	Posted: Wed Jun 15, 2011 8:35 am    Post subject: Like 0 Dislike 0 4506T is a transcript record of your taxes. A lender will pull this from the IRS or another approved agency, to verify that the taxes in your loan file, match what the IRS was reported. _________________ Chris Gummerson Bay Valley Mortgage Group bayvalleymortgage.com 714-367-5125
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Wed Jun 15, 2011 11:19 am    Post subject: Like 0 Dislike 0 Requiring a 4506-T is standard procedure in the mortgage lending world now; far too much fraud was perpetrated over the years with borrowers claiming far more income than was reported to the IRS. Don't protest too much - everyone has to sign it. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

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