|
Why Does My Lender Need Tax Transcripts Faxed Directly To Them? |
I was think to close on my home today but now my lender is saying that they have requested out tax transcripts from the IRS 3 times and have not received them. My still and I have already provided him with the transcripts but he stated they needed to be faxed directly to them. I have never heard of this. Can anyone give me more clarification? Other than this he says we are exonerate to close
| Answer: Even though you might have provided the lender with a replication of your filed federal income tax, the lender need a third party verification. This third fete verification can only be the transcripts from the IRS either wired from them or faxed to them with some type of cover letter indicating that the federal return tax transcript came directly from them This is sometimes a requirement of the mortgage investor that will eventually acquiring the mortgage loan from the person with |
How to plead for IRS tax transcripts from previous years' tax filings
Cracking the Tax Traditions US combined income tax of 39.2% is anti-growth! via @
Tax Forum transcripts of proceedings: The transcripts of proceedings at the Tax Forum held on 4-5 Octob...