|
Other Mortgage Tax Lien Help |
Can I Get A Mortgage with an Outstanding Tax Lien?
Yes, if you meet certain conditions;
The IRS does not take superiority over a purchase money mortgage as most people believe. There are certain loan programs that will allow a mortgage to be completed with an outstanding tax lien. The decision to lend is ultimately up to the lender. Many people think that the IRS needs to subordinate thier lien for a purchase mortgage to be completed, this is not true as the IRS does not require a subordination on purchase mortgages. There are thousands of people renting because of the mortgage and tax lien dilemma, but today these types of loans are usually done on a case by case basis. Call your local lender an see if under any FHA program's that they have, will they lend with an IRS tax Lien. Jim Colton
Google Map
|
|
