So, for those who this might apply to… I happily repost it here…
Many people don’t think it’s possible to get a mortgage if you owe the IRS back taxes.
I’m happy to tell you that it is possible, and this is how you do it…
1) If you owe the IRS back taxes you have to take the initiative and make a payment plan with the IRS right away.
Generally, if you make a payment plan right away with them they won’t file a lien against you.
If you wait and do nothing with your balance owed to the IRS – then the IRS will place a tax lien against you and at this point you may not be able to get a mortgage.
2) If you have a history of making payments on your IRS back taxes for 6 months without any late payments then you can get a mortgage with me (assuming you qualify otherwise).
My underwriter will treat this payment as he/she would with any other installment loan.
If you are in this situation – give me a call and I can most likely help you out!
…or, to get a mortgage right now just fill out this simple application.
I hope you have a great day! Thanks for reading!
Brett
USDA is a 100% government insured loan. Low rates, and no down payment. However, there…
The bad news is that according to Redfin, 38% of U.S. renters don’t believe they’ll…
In Texas we have some unusual rules when it comes to getting cash out of…
If you pay your property taxes apart from your mortgage payment, and you didn’t get…
If you purchased a home using your own cash, and now would like to pull…
Did you realize that when buying a house from an immediate family member – the…
