What is the name of your state? MD
To my understanding an IRS form 4506 is for a lender to pull taxes filed by the borrower to verify the stated income on an application is correct.
The problem I have is I'm afraid my loan may not go through because the amount of money my husband currently makes is significantly higher than what he made last year. If they base his income from what he filed with the IRS last year they may not close our loan (settlement is tomorrow). Is anyone familiar with this process.
To my understanding an IRS form 4506 is for a lender to pull taxes filed by the borrower to verify the stated income on an application is correct.
The problem I have is I'm afraid my loan may not go through because the amount of money my husband currently makes is significantly higher than what he made last year. If they base his income from what he filed with the IRS last year they may not close our loan (settlement is tomorrow). Is anyone familiar with this process.