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Lender Solutions | Blog

Read the latest news on lending.

What is a 4506?

Form 4506 is a document sent out by the Internal Revenue Service (IRS) that allows taxpayers to obtain a copy of their past tax returns. Taxpayers can obtain copies of most tax form types like forms 941, 1040 and 1120. Currently, it costs $50 per

What To Do If Your Mortgage Is Denied

Finding a mortgage lender is easy, but walking away with a mortgage can be trickier. In fact, only just over half of applicants are approved. This is especially true in light of tighter credit restrictions following the recent recession. With a logical approach to this

3 Tips For Shopping For A Home Mortgage

Access to financing determines your ability to successfully negotiate a home purchase. In seller’s markets, proof of mortgage pre-approval can help you clinch the deal, so it is important to to shop for a home mortgage before you start scheduling home tours. 1. Get your Financials

Uses for a 4506-T Form

Official tax forms are multipurpose documents. For instance, the IRS 4506-T Form can be used to verify a borrower’s income as well as his or her tax information. Income Verification When lenders borrow through Fannie Mae, the division requires them to complete the IRS 4506-T Form during