Posted on: 08th Oct, 2013 01:14 am
I need help! Can a lender process my loan if they cannot verify the W2 statement because the IRS is non-responsive? Or is this a legal issue?
IRS is non-responsive due to the Federal Government shut down. As the W2 statements are not available, the lender will take into consideration the other documentations that will be available from your end. Depending upon that he may or may not provide you with the loan.
Hi Belona,
Non-verification of W2 statements can make getting a loan difficult. However, as Niicss has said, if you could provide other documentations, then you might get the loan.
Thanks
Non-verification of W2 statements can make getting a loan difficult. However, as Niicss has said, if you could provide other documentations, then you might get the loan.
Thanks
If your lender cannot verify W2 statement since the IRS seems to be non-responsive, then you might find it troublesome to get the approval for a loan. However, make sure you area ble to provide the other loan documents to your lender. After going through the papers, he may agree to provide you the loan.