FHA loan in underwritting. Missing tax transcript W2 app

Hey All,

We are in the underwritting process of our mortgage loan. My wife who is the one on the loan is a straight W2 worker. And we signed the 4506 c paperwork. After that I went in and researched our tax transcripts to make sure everything is in line. Only to see our 2020 transcript is not there. I am freaking out and don’t know how big this is. As I said all of the employment stuff is already been verified. According to our loan officer “we only run the tax files to make sure you didn’t file under a different name, etc”

How much trouble do you think we are in? The seller has asked for a rush closing on the 8th of August. We’ve done everything asked of us immediately.

So far no one has said anything to us about the taxes. Is this going to be an issue? Should we tell our loan officer we noticed the missing transcript?

submitted by /u/AromaticAd8498
[link] [comments]

Hey All, We are in the underwritting process of our mortgage loan. My wife who is the one on the loan is a straight W2 worker. And we signed the 4506 c paperwork. After that I went in and researched our tax transcripts to make sure everything is in line. Only to see our 2020 transcript is not there. I am freaking out and don’t know how big this is. As I said all of the employment stuff is already been verified. According to our loan officer “we only run the tax files to make sure you didn’t file under a different name, etc” How much trouble do you think we are in? The seller has asked for a rush closing on the 8th of August. We’ve done everything asked of us immediately. So far no one has said anything to us about the taxes. Is this going to be an issue? Should we tell our loan officer we noticed the missing transcript? submitted by /u/AromaticAd8498 [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!

Generated by Feedzy