Contributor
Posts: 77
Registered: ‎01-10-2012
IRS Transcripts

Hi, does anyone know if mortgage companies are requesting return transcripts or if they are requesting account transcripts?  Thanks in advance for your help.

FICOs EQ: 702 Experian: 715 TU: 765
NFCU Cash Rewards $35k | NFCU Flagship $5k | NFCU Nav $15k | Cap1 Venture $18k | Cap1 QS $5.4k | Fidelity AmEx $25k | DCU Plat $10k | AMEX Delta Gold $5k | AMEX SPG $1k | AMEX Personal NPSL | Marriott Chase Visa $5k | Barclay Arrival M/C $5k | Barclay Sallie Mae M/C $3k | Barclay Rewards $2k | Nordstrom $4.5k | Cap 1 Plat $2k | BBVA NBA $10k | Serta $8k | Lowes $17k | Macy's $2k | Macy's Furniture $5k | Walmart $5k | Discover IT $1k| Vystar $10k
Regular Contributor
Posts: 201
Registered: ‎03-02-2012
Re: IRS Transcripts

I believe return transcripts. My file is in underwriting and they requested our tax return transcripts. Will you be applying soon? 

Jan 2012 TU 517 EX(fako) 524 EQ 470
Current score LENDER PULL TU 652 EX 641 EQ 617
Yayy we made it!!!
Contributor
Posts: 77
Registered: ‎01-10-2012
Re: IRS Transcripts

Yes, I will be applying soon.  Our contract was accepted by the sellers, but we're waiting on short sale approval from the bank.  My return was amended which will appear on an IRS account transcript but I believe the IRS return transcript does not show any amendment or activity following the initial return.  Either scenario is fine as the amendment did not adjust income, only moving expenses, but I want to pro-actively make them aware of it if they won't see it on the return transcript.  Thanks for your help!

FICOs EQ: 702 Experian: 715 TU: 765
NFCU Cash Rewards $35k | NFCU Flagship $5k | NFCU Nav $15k | Cap1 Venture $18k | Cap1 QS $5.4k | Fidelity AmEx $25k | DCU Plat $10k | AMEX Delta Gold $5k | AMEX SPG $1k | AMEX Personal NPSL | Marriott Chase Visa $5k | Barclay Arrival M/C $5k | Barclay Sallie Mae M/C $3k | Barclay Rewards $2k | Nordstrom $4.5k | Cap 1 Plat $2k | BBVA NBA $10k | Serta $8k | Lowes $17k | Macy's $2k | Macy's Furniture $5k | Walmart $5k | Discover IT $1k| Vystar $10k