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Lender accept stamped amended tax return before closing?

Profile picture for user2917387
looking for lenders who can close with IRS stamped 2010 tax return filed and stamped 2011 amended tax return filing at IRS office. Our tax accountant messed up our tax return and we have to amend 2011. 800 credit score, salaried employee for over 4 years, 20% down. looking for conventional loan.
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June 16 2012 - US
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Answers (3)

Profile picture for user2917387
We just found out that our tax accountant claimed unreimbursed business expense for my husband. It was wrong. He gets paid by hour. There is no business expense. It is for me. We live in California. My husband had his job for over 4 years and never claimed unreimbursed business expense. I can't believe our tax accountant messed it up!
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June 16 2012
Most lenders will only accept tax returns that can be verified through ordering IRS tanscripts.   Was all this done recently? If so, you may have to wait a while until the IRS updates their records.

Or you may have to deal with a portfolio lender who doesn't have to worry about selling the loan to Fannie Mae or Freddie Mac.   You might want to try US Bank or ING.
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June 16 2012
Profile picture for shapiroamg
When was the amendment filed? What state are you in?
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June 16 2012
 

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