IRS Tax Verification Report                          TRV Sample

We can provide you with data obtained directly from the tax return records retained in the files of the United States Internal Revenue Service! This data can be obtained on any individual who has authorized the release of the information in connection with an application for credit or a similar consideration. TRV compares the income related lines of the tax-return that are provided by the borrower with the same lines on file at the IRS and highlights any variations in an easy to read report.

For those self-employed, claming commissions in excess of 20 % of their total income and those who are employed by a family owned business, are usually asked to provide tax-returns as proof of income. Over the years, this has been considered to be the most reliable to verify the income of these individuals. However, QC (Quality Control) has discovered an increasing number of ALTERED tax-returns.

Instead of waiting for QC to "sample" test this type of lending weeks or even months after the loan closing, let us provide you with the information prior to closing.

• SAVINGS FROM REDUCED FRAUD
• SAVING FROM REDUCED QUALITY CONTROL COSTS
• REDUCED RISK OF REPURCHASE DEMANDS
• IMPROVED CORRESPONDENT/LENDER RELATIONS