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Company Loan Type APR Est. Pmt.

Tax Lien Preventing a Loan Mod.

Posted on: 14th Mar, 2011 12:33 pm
I am currently trying to get a Loan Mod with IndyMac (OneWest), I have been told I qualify however, I have a tax lien on my property of about 20K. After going back and forth for months the bank has finally told me I dont qualify for any mods they offer due to the tax lien. I have heard that the IRS will if requested become a 2nd on the title or will temporarily suspend the lien in order to accomidate homeowners trying to restructure. My question is does anyone know if this is true about the IRS and if so how do you go about filing for them to be a 2nd and or suspend the lien?
Hi banksonphoto!

Welcome to forums!

You should contact the IRS and they will be able to guide you better in this manner. They will let you know the process which will help you in suspending the lien for the time being.

Feel free to ask if you've further queries.

Sussane
Posted on: 14th Mar, 2011 08:15 pm
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