Lender requiring us to complete form 4506

[melody301]

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.

 

[seniorjudge]

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.

You have posted SIX other threads on buying a house.

Ask your question in one of those and stop double-posting!

 

[seniorjudge]

Okay, I'll give you the answer.

Click on search.

Click on show posts.

Search "golden rule" exactly like that.

 

[PghREA]

It is a standard part of the closing papers.

 

[seniorjudge]

It is a standard part of the closing papers.

Dang it, you're spoiling my fun!