Caliber Wholesale is switching from IRS Form 4506-T to Form 4506-C.
Caliber Home Loans, Inc. has begun making the transition to IRS form 4506-C. Here’s more information on what you can expect over the next weeks.
The IRS has introduced a new form for requesting tax transcripts: IRS Form 4506-C. Lenders will begin using this form beginning Monday, March 1, 2021. At Caliber, we will begin requiring it to be used beginning Friday, February 12, 2021.
IRS Form 4506-C will replace IRS Form 4506-T in the following closing packages:
|Closing Disclosure Package||If the loan is express-closing eligible, Form 4506-C will be printed in the initial Closing Disclosure Package.|
|Closing Documents Package||If the loan is not express-closing eligible, Form 4506-C will be printed in the Closing Documents Package.|
Questions about how this form change will affect you? Contact us today.