MORTGAGE & REAL ESTATE
4506-T Processing (TRV® Services)
Tax Return Verification, or TRV® Services obtains tax transcript data from the IRS using the IRS Form 4506-T. Results are typically returned by the IRS in 48-72 hours.
TRV® Services features:
Taxpayer IRS Tax Transcript data is a required income verification element in most mortgage underwriting scenarios. The FBI, Fannie Mae and multiple industry studies point to fraudulent income as the second highest source of fraud behind a borrower’s misrepresentation of liabilities.
We support landlords, property management companies and rental agencies with fast, effective service.
TRV® Services & Fannie Mae’s D1C program, “Coming Soon”. NCS is currently forecasting to begin piloting with Fannie Mae in July 2017.
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