IRS and VA Home Loan Mortgage
Just began a tax repayment agreement with the IRS. Will this alone prevent me from obtaining a VA Home Loan? by mackdl from Queens, New York. Jun 4th 2010
Akali Dennie (adennie)
#54 ranked lender in Florida - 196 contributions
Yes you may. Since it's not a lien, all you would have to provide is a copy of the payment agreement & payment history on the tax lien. Usually has to be at least 12 months old but it's not an absolute requirement. We can lend in all 50 states so please email me with more specifics. Hope this helps.
Gregorio Denny (GVDenny)
#257 ranked lender in California - 380 contributions
As long as your credit score still qualifies and your ratios are acceptable, the payment agreement should not be a deal killer. Use the find a lender tab to speak with someone in your state to assist you. Gregorio Denny --WeFixRates.Com --
Michael Seligman (michael@capfundonline.com)
#41 ranked lender in Florida - 11 contributions
Not by itself but the payments will be included in calculating your debt ratio.
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