Tips to Prevent Mortgage Fraud

People may not think they have control over issues related to mortgage fraud. However, when shopping for a home mortgage loan, potential borrowers may take some steps so they do not inadvertently engage in unethical activities. Previously, lenders lessened requirements, only requiring applicants to provide the

Form 4506 Definition

Buying a home involves a lot of paperwork, and the most important pieces of paperwork are tax returns. Mortgage companies use to allow home buyers to state their income without any documentation, which led to the housing market crash in 2008. Now, whenever someone is

Small Business Loans For Women

Ready to Start your Small Business? If you’re a woman looking to open her own business, it’s never been easier to become a successful entrepreneur. But to run a successful business, you’ll need more than a great idea and a vacant building–you’ll need enough funding to

How 4506-Transcripts Can Help You

If you’re an attorney or financial institution, such as a bank, credit union, or mortgage lender, you may benefit from a recap of how 4506-Transcripts can help you. IRS provides wage-income transcripts, including W-2 earnings over the past 10 years, mortgage-bank interest paid-received, retirement income

Your Top 10 4506-T Answers

Taxpayers often ask these questions about IRS Form 4506-T:1. Why would a person use it? A. This form enables citizens to request copies of previous returns, 1099 documents and W-2 forms from the Internal Revenue Service. 2. Does the government let people ask for any document

4506 Transcripts: How We Work

From financing a dream home to paying for college costs, most lenders require a 4056 Transcript from the IRS. Since an IRS 4506 Transcript contains income and tax information for up to four tax years, clients can also consider it a kind of fiscal report

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