Use of the IRS Form 4506-T

Fannie Mae’s policy regarding use of the IRS Form 4506-T to validate borrower income documentation for underwriting and QC purposes requires the lender to:

  • have each borrower (regardless of income source) complete and sign a separate IRS Form 4506-T for each type of transcript required at or before closing (for example, one IRS Form 4506-T to be completed and signed for personal returns and another for business returns), and
  • add the execution of IRS Form 4506-T with the IRS (directly or through an authorized vendor, like to its written QC plan. Refer to the Selling Guide, Subpart D1, Lender QC Process, for details about lender QC requirements.

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4506-T processing and the Government Shutdown…

As you can imagine, the government shutdown really threw a wrench into the works for 4506-T processing. But the IRS is getting through the backlog. is right on top of the situation and provide timely turnarounds once again for income verification services.

Download your forms and submit with confidence. We remain the fastest, more reasonable income verification service available.