You can get started with the tax returns and continue move forward while you are gathering your paper work.
Marybeth - The lenders do not obtain copies of the tax returns from the IRS. We obtain what is called a tax transcript. This is a one page document that shows the income the borrower earned for the years in question. One purpose is to help prevent against fraud by matching the income on the documents the borrower submitted with what is on the trsanscripts
Regards MaryBeth Muldowney, President and Founder, TradeWinds Realty Group LLC