2013 Tax Returns and Tax Transcripts

HomeBridge is updating its tax return and tax transcript requirements as the 2013 tax filing deadline approaches. This policy applies to both conventional and government transactions, including manually underwritten loans and to loans currently in the pipeline.

Loans funding on or after April 16, 2014 will require the following:

• Evidence the borrower filed their 2013 tax return, or
• Evidence that an extension has been filed. A copy of the extension is required. Self-employed borrowers will require proof that any taxes due were paid.

As a reminder brokers are responsible for ordering tax transcripts from RealEC® by using the Express 4506 link on the HomeBridge website.

NOTE: The 2013 transcript must be ordered and the transcript result showing “No Record Found