Posted on: 19th May, 2010 01:22 pm
I have a federal tax lein against me. I owed 16K and have paid back 6K. Can I get a VA loan with this tax lein? It will take another 2-3 years to pay off the balance. It is a catch 22 situation. Every year I owe approx 3K because I no longer own a home...!!!
Welcome redninja,
As there is a tax lien mentioned against your name, the lenders will not be ready to give you a mortgage. As far as I can understand, you'll have to pay off the tax lien first and then look out for loans.
As there is a tax lien mentioned against your name, the lenders will not be ready to give you a mortgage. As far as I can understand, you'll have to pay off the tax lien first and then look out for loans.