What is the 4506 Form in Mortgage Loans?

The 4506 form is an IRS-designated form used to obtain transcripts of consumer tax returns.

Mortgage lenders will sometimes require applicants to sign a 4506 form, which will allow the lender to obtain a transcript directly from the IRS of the borrower’s most recent tax returns.

Mortgage lenders will use the 4506 to verify that the tax returns submitted by the borrower are accurate and valid. Other lenders will use the 4506 form, in lieu of asking for borrower tax returns.

For more information, please see also the following entries:

• :Internal Revenue Service:
• :Mortgage Loan:
• :Qualifying Income:
• :Tax Returns: