Sentences with phrase «borrowers file an extension»
We recommend that borrowers file an extension when possible if they are making offers during tax season.
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However, if the borrower needs more time to repay the loan then they must log into the lenders website and answer a few questions and file an extension request.
The borrower may not have all financial information on all his real properties and businesses up to date or complete; he may have filed for an extension on his latest tax return; his accountant may be behind in preparing his financial statements.