4506-C Borrower Assisted
Streamlined tax transcript verification within AutomatIQ®
Faster verification, real-time tax transcripts
AutomatIQ Borrower 4506-C Borrower Assisted makes tax transcript verification swift and quick. By tapping into the IRS API, we deliver secure, near real-time income verification. Instead of spending days on the verification process, you'll breeze through in minutes with reduced manual errors and streamlined compliance.
This significant advancement over the conventional 4506-C process eliminates the need for a signed 4506-C form, reducing human errors and delays associated with manual validation. Faster processing times guarantee happier, more satisfied clients for you.
Fast, seamless, secure tax verification
Get near real-time income verification with 4506-C Borrower Assisted. This innovative product helps ensure a seamless verification process, leading to enhanced operational efficiency and cost savings.
More assurance in decision-making
Enjoy a reliable verification process with AutomatIQ Borrower. Working directly with the IRS API we deliver credible, error-free, and up-to-date information so you can make informed financial decisions.
Process larger volumes, faster
Designed to meet the timelines of fast-paced financial and lending industries, 4506-C Borrower Assisted processes and delivers required verifications almost instantaneously.
Fast, seamless, secure tax verification
Get near real-time income verification with 4506-C Borrower Assisted. This innovative product helps ensure a seamless verification process, leading to enhanced operational efficiency and cost savings.
More assurance in decision-making
Enjoy a reliable verification process with AutomatIQ Borrower. Working directly with the IRS API we deliver credible, error-free, and up-to-date information so you can make informed financial decisions.
Process larger volumes, faster
Designed to meet the timelines of fast-paced financial and lending industries, 4506-C Borrower Assisted processes and delivers required verifications almost instantaneously.
Secure data — and your confidence
We prioritize data protection and trust. 4506-C Borrower Assisted processes and systems secure sensitive income information to guarantee confidentiality of data, income and tax information.
Near real-time financial decisions
With prompt feedback and rapid turnaround times, 4506-C Borrower Assisted is a big advancement over the conventional 4506-C process. By integrating with the IRS API, lenders receive tax transcripts in near real-time reducing human errors and delays.
Increased financial efficiency
4506-C Borrower Assisted redefines speed, turning time-sensitive processes into easy achievements. You'll gain a competitive advantage by reducing processing times from days to minutes.
Swifter, smoother verification
Increased speed, heightened accuracy, and deliberate focus on user experience form the bedrock of 4506-C Borrower Assisted, establishing a new benchmark in the industry. This foundation propels institutions toward efficiency and increased reliability.
More accuracy with near real-time data
Access to near real-time, verifiable data provides unparalleled accuracy while decreasing discrepancies.4506-C Borrower Assisted shields applications from manual errors to support accuracy throughout your data ecosystem.
Enhanced customer satisfaction
Innovation is at the heart of our service, which is why 4506-C Borrower Assisted focuses on improving processing times and providing data precision. By focusing on client experience, we help you foster an environment of trust.
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Increased financial efficiency
4506-C Borrower Assisted redefines speed, turning time-sensitive processes into easy achievements. You'll gain a competitive advantage by reducing processing times from days to minutes.
Swifter, smoother verification
Increased speed, heightened accuracy, and deliberate focus on user experience form the bedrock of 4506-C Borrower Assisted, establishing a new benchmark in the industry. This foundation propels institutions toward efficiency and increased reliability.
More accuracy with near real-time data
Access to near real-time, verifiable data provides unparalleled accuracy while decreasing discrepancies.4506-C Borrower Assisted shields applications from manual errors to support accuracy throughout your data ecosystem.
Enhanced customer satisfaction
Innovation is at the heart of our service, which is why 4506-C Borrower Assisted focuses on improving processing times and providing data precision. By focusing on client experience, we help you foster an environment of trust.
FAQ
What happens if the IRS rejects a request with 4506-C Borrower Assisted? Will I be billed for this?
"No, you will not be charged for requests that are rejected by the IRS when using 4506-C Borrower Assisted. This not only allows corrections to be done in near real-time without incurring additional costs, but it also ensures you’re only billed for successful transactions. This is one of the many ways that 4506-C Borrower Assisted is designed to provide efficient and cost-effective income verification services."
Is training required to use 4506-C Borrower Assisted?
4506-C Borrower Assisted is user-friendly so minimal training is required. However, comprehensive support is available to your team so that they can maximize the benefits of this solution.
Will Cotality offer the traditional Form 4506-C solution?
Yes, Cotality will continue to offer and support 4506-C Borrower Assisted and the original Form 4506-C service based on lender needs. We understand the importance of flexibility and choice in our offerings and so we will continue to provide options that align with our clients’ diverse requirements.
Can 4506-C Borrower Assisted retrieve tax transcripts from previous years?
Yes, like the traditional 4506-C form, 4506-C Borrower Assisted can also provide tax transcripts for previous tax years.
Are there any hardware requirements to use 4506-C Borrower Assisted?
No, there are no specific hardware requirements. You can access it via any computer with an internet connection.
Does a borrower need an IRS login to use 4506-C Borrower Assisted services?
Yes. Borrowers who require near-real-time income verification through the IRS Now services will need an IRS login for 4506-C. To access IRS online services, borrowers can now create an ID.me account, which is maintained and secured by a third-party technology provider. This option ensures secure access to IRS services while protecting users' privacy. With an ID.me account, borrowers can also connect with other government partners, offering an efficient and secure way to manage various online interactions with the US government. Borrowers can Log in here for the IRS.
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