Title Image

Minimizing Frauds With The Help Of IRS Verifications

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 taxpayer is required to sign this 4506-T form, which authorizes IRS to release transcripts for verifying previous tax returns. According to Government guidelines, Federally guaranteed mortgages require 4506-T forms to be filed at two different points in the application process.

The 4506-T form is available without any fee but filing it individually can take you huge amount of time and cost extra money. The requests can take up to 60 days in order to get a reply from the IRS. However, there are some companies, which provide this service for a nominal cost and fast track the process. These companies can fulfill the request within 24-48 hours.

The companies appoint professional agents who will make sure that all the paperwork is ready along with a correctly filled 4506-T form. These companies work as authorized bulk vendors and process millions of applications in a year. This makes the task easier and faster for individuals, companies and even the IRS.

In order to avoid any type of fraud, IRS matches all the information carefully and then releases the transcripts. The filling of 4506-T form incorrectly is also one of the reasons that so many forms are rejected every year. Therefore, it is very important to start right and complete the form with correct information. You can also complete the whole process online with the help of E-signatures on IRS form 4506-T.

Coming Soon!

The New Private Eyes Platform.

Background Checks | LegacyLender Solutions | Login

For any questions contact us at (925) 927-3333.

Site Security Notification

 

Use the buttons below to continue your login.

For SITE SECURITY purposes and to ensure that this service remains available to all users, this computer system employs software programs to monitor network traffic to identify unauthorized attempts to upload or change information, or otherwise cause damage. Unauthorized attempts to upload information or change information on this service are strictly prohibited and may be punishable under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act.

NOTICE: We will not obtain personally-identifying information about you when you visit our site unless you choose to provide such information to us.

Point of Contact for Security and Monitoring: Frank Santa Elena email: security@pebackgroundchecks.com Information Systems Security Officer (ISSO) for www.privateeyesbackgroundchecks.com phone (925) 927-3333.

For any questions contact us at (925) 927-3333.

Find the Right Lender Solution

Fill out the information below and we will contact you or call us at 925-927-3333



First Name*
Last Name*
Email*
Phone*
Company*
Street
City
State
Zip Code
Number of Employees
Where did you hear about Private Eyes?

Find the Right Background Screening Solution

Fill out the information below and we will contact you or call us at 925-927-3333.



First Name*
Last Name*
Email*
Phone*
Company*
Street
City
State
Zip Code
Number of Employees
Where did you hear about Private Eyes?

Candidate Assistance

If Private Eyes is running your background check, please contact our Customer Service department. A person on our team will be more than happy to assist you

Email: CSS@pebackgroundchecks.com
Call: (925) 927-3333

Private Eyes Customer Assistance

If you are a current customer, please contact our Customer Service department. A person on our team will be more than happy to assist you.

Email: CSS@pebackgroundchecks.com
Call: (925) 927-3333