When you complete your mortgage paperwork, you likely feel like you give the lender everything you have. Just when you think you are done, though, they will likely ask for IRS Form 4506-T. This form gives the lender access to your tax transcripts. If you already provided your income information, though, why does the lender need your transcripts? We explore the reasons below. Compare Offers from Several Mortgage Lenders. Verifying Your Income The main reason lenders require the IRS Form … [Read more...]