4506-C ProcessingIncome Verify
The easiest and safest way to verify your borrower’s stated income is to compare to actual transcripts from IRS files. Utilizing the Partners Credit & Verification Solutions direct link with the IRS, you will electronically receive all requested years and transcript types quickly and efficiently. Simply upload your borrower’s signed 4506-C form and Partners will return up to 4 years of income. Partners IncomeVerify products are part of Fannie Mae’s Day-1 Certainty initiative.
Our expert staff will help reduce undesirable and time consuming rejects from the IRS with thorough review of forms prior to delivery to the IRS. Transcripts are returned immediately upon receipt from the IRS
Prevent mortgage fraud
Find discrepancies income before funding
Help borrowers obtain lost income documentation
Comply with new lender and CFPB guidelines
Flexible ordering through your LOS, Partners website or Report Actions section of your borrower credit report.
Faster turnaround from your borrower and the IRS
Emails request to sign directly to your borrower
No need to fax, scan or email
Regularly reminds borrower to complete the signing process
Sends signed form immediately back to you, Partners and the IRS upon signing
Prevents fraud by authenticating your borrower and creating a tamperproof form
