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KHufford
10407 Posts |
 Posted - 11/05/2009 : 1:01:34 PM
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Will any lender do this? Transcripts from 2008 are fine, 2007 were amended and don't match and they won't ever show up matching either. I do have 'account transcripts' from the IRS that match but when you pull a normal 4056 it wont.
Any ideas or is it dead, most lenders I have asked say no go.
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SLICKRICK1701
32 Posts |
Posted - 11/05/2009 : 1:46:34 PM
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| NO ONE WILL DO THAT YOUR DEAL IS DEAD |
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kky930
1 Posts |
Posted - 11/05/2009 : 3:31:26 PM
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| try Freedom Mortgage. I do not believe they pull a 4506T. |
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KHufford
10407 Posts |
Posted - 11/05/2009 : 3:32:25 PM
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quote:
Originally posted by kky930
try Freedom Mortgage. I do not believe they pull a 4506T.
Thats what I heard also, but AE says no go...
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celloshred
2864 Posts |
Posted - 11/05/2009 : 4:09:11 PM
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did you order the record of account (6c) on the 4506-T?
that should do it, i had one once where the guy amended his taxes JUST TO QUALIFY FOR A LOAN! I couldnt believe it when I saw it, i saw the 1040X and he want from 7500 AGI to $408k AGI. He ended up owing an extra $149k. wait, theres more. he amended his 2006 returns to go from a -$136 AGI to $404k AGI. yes, it was negative. He owed another $148k.
He did one in june and the other in sept of 2008 and I pulled the 4506 in March of 2009. it showed the amended figures as wwell as the dates they were amended.
Needless to say, we never submitted the deal. |
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the_mortgage_guy
2628 Posts |
Posted - 11/05/2009 : 5:10:31 PM
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| Kyle, Just MOrtgage does no 4506 T. |
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KHufford
10407 Posts |
Posted - 11/05/2009 : 5:32:25 PM
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quote:
Originally posted by celloshred
did you order the record of account (6c) on the 4506-T?
Yeah we just did and it still shows the originals, even though the client got the record of account from the IRS....but out risk policy states we must pull our own transcripts.
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KHufford
10407 Posts |
Posted - 11/05/2009 : 5:33:24 PM
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quote:
Originally posted by the_mortgage_guy
Kyle, Just MOrtgage does no 4506 T.
On FHA? Never used them...
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the_mortgage_guy
2628 Posts |
Posted - 11/06/2009 : 05:48:58 AM
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quote:
Originally posted by KHufford
quote:
Originally posted by the_mortgage_guy
Kyle, Just MOrtgage does no 4506 T.
On FHA? Never used them...
They are out of CA...their states is kind of limited... Joon Park is my rep. can you send e your email and ic an forwar dinfo to you. Very good prcing on FHA for wholesale. |
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LO1003
447 Posts |
Posted - 11/06/2009 : 06:30:40 AM
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quote:
Originally posted by celloshred
did you order the record of account (6c) on the 4506-T?
He did one in june and the other in sept of 2008 and I pulled the 4506 in March of 2009. it showed the amended figures as wwell as the dates they were amended.
Needless to say, we never submitted the deal.
I would say the deal is dead then if 4506T shows that previous years were amended. If not and you get it approved, please let us know which lender allows the borrowers to cheat on their tax returns. |
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