Mortgage lenders use IRS transcripts to confirm that the income reported on your loan application matches the income reported to the IRS. This verification is required by many mortgage guidelines and helps prevent errors or fraud.

Having your transcripts ready early can help prevent delays during underwriting.

---

Can getting my transcripts early help my mortgage approval?

Yes. Downloading your IRS tax transcripts before applying for a mortgage can help speed up the approval process. When lenders have access to your transcripts early, they can verify income faster and move your loan through underwriting more smoothly.