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Tzgammoh

5 Posts

Posted - 06/17/2008 :  3:20:46 PM
Lenders with no 4506-t


Current borrower has not filed taxes for the past 2 yrs. He is a current wage earner. Yes i know he has no common sense, any lenders that will not execute or request one with a full doc package?
judgement

26 Posts

Posted - 06/18/2008 :  06:39:41 AM
You need to get away from that one, quickly.
mkorzy

24 Posts

Posted - 06/18/2008 :  11:47:18 PM
We do not execute 4506, pending other factors it sounds like we can do this one.

Regards,
JONGEO

251 Posts

Posted - 06/19/2008 :  05:55:47 AM
quote:
Originally posted by Tzgammoh

Lenders with no 4506-t


Current borrower has not filed taxes for the past 2 yrs. He is a current wage earner. Yes i know he has no common sense, any lenders that will not execute or request one with a full doc package?



DANGER, DANGER Will Robinson
careful this is a major red flag
no taxes file ...come on
judgement

26 Posts

Posted - 06/19/2008 :  10:44:49 AM
quote:
Originally posted by mkorzy

We do not execute 4506, pending other factors it sounds like we can do this one.

Regards,



What other factors, like, the fact that the borrowers don't pay taxes?
WhitmanMet

6 Posts

Posted - 06/19/2008 :  6:17:09 PM
If this is wage earner and they can get voe and it is decent fico/ltv why don't you run DU and see if you get an income waiver?
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