Posted on: 02nd Aug, 2010 02:27 pm
i have just been pre appoved for a loan to buy house. Mortgage Co told me i need last 2yrs of tax returns which i didnt file and will today if i owe will that stop my loan process?
As long as you pay everything you owe no it will not stop the process. Will likely slow it down quite a bit because the lender will have to wait for the IRS to show the taxes were filed and paid on their site and sometimes that takes a few weeks.
i usually get money back and i dont owe. hopefully that is the case