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Why Do Banks Want a Borrower to Sign IRS Form 4506?

Banks borrower form IRS
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Why Do Banks Want a Borrower to Sign IRS Form 4506?

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This is because this is the only way for the bank to really, really be certain that income data in the loan file is true. The IRS faxes tax returns directly to bank to confirm that your W-2’s or taxes are true copies.

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