to comply with underwriting guidelines: 3 Reasons Why Your Mortgage Lender Might Ask for Your Tax Returns – And Why You Should Provide Them - 03/25/15 11:29 PM
3 Reasons Why Your Mortgage Lender Might Ask for Your Tax Returns – And Why You Should Provide Them
After you have completed the initial loan application and have signed the preliminary loan disclosures, your mortgage loan application will generally receive a preliminary prequalification. This prequalification will be based in large part on your ability to provide documentation to support your statements on your loan application, including your stated income and assets. Typically, a lender will include a request for least the last two to three years of your income tax returns with this documentation. There are several reasons why … (0 comments)