Posted on: 02nd May, 2011 08:34 am
I have a tax lien that i have payment arrangement with and I am current on the arrangement i also should be done paying back the debt by the end of the year but i would like to get approved for a mortgage within in the next 30 days is there anything that i can do also my credit score is at about 660
What type of financing are you looking for? FHA as long as you have a payment plan accepted, you should be ok to obtain financing. Good luck!
Hi ifixit!
Welcome to forums!
As you already have a payment arrangement regarding your taxes, it won't be a problem for you to get a mortgage. With a credit score of 660, you will be able to qualify for a FHA loan. You won't be able to get a conventional loan as it requires a credit score of 700-720. You should contact the local FHA lenders in order to get a mortgage.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As you already have a payment arrangement regarding your taxes, it won't be a problem for you to get a mortgage. With a credit score of 660, you will be able to qualify for a FHA loan. You won't be able to get a conventional loan as it requires a credit score of 700-720. You should contact the local FHA lenders in order to get a mortgage.
Feel free to ask if you've further queries.
Sussane
Until the debt is borrowed ultimately. Many people in need, to purchase the mortgage lien finished bottom of their own, the IRS, the IRS does not require, I think This is not true on a mortgage to buy a certificate.
How long have you been in the payment arrangement? If you just set it up; you'll probably have a problem finding financing. If you can prove 12 months of payments, you should be fine.