to make home loan need to pay tax to goverement.

sonicool83 · Joined: 16 Sep 2009 Posts: 11 3.66 Dollars($)

This Year , I have not paid tax to goverement .One of my friend told me, this is require to
approve the home loan.
Is that true to make home loan need to pay tax to goverement.

gunzijjistaff · Joined: 07 Apr 2009 Posts: 459 7.03 Dollars($)

Hi sonicool,

Welcome to our forum.

You have to pay property taxes to government if your loan approved.
If you are first time home buyer you can get First Time Home Buyer Tax Credit benifits.

Thanks & Regards.
gunz.ijjistaff.

gmakerley · Posted: Wed Sep 16, 2009 7:27 am Post subject:

i have a feeling the question is concerning income tax that needs to be paid to the irs. that, of course, assumes that sonicool is located in the united states. if so, then the answer is yes, you must file income tax returns in the united states. not having done so will probably prevent you from obtaining a mortgage.

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1737 36.13 Dollars($)

Lenders would like to see yoru tax filign details to make sure you have corrected incoem as you stated

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