Home arrow Mortgage Forums arrow Budgeting and Personal Finance arrow

to make home loan need to pay tax to goverement.

Author Message
Icon Mini Profile sonicool83





Joined: 16 Sep 2009

Posts: 11

3.66 Dollars($)
Post Posted: Wed Sep 16, 2009 7:01 am    Post subject: to make home loan need to pay tax to goverement.
Like 0
Dislike 0

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.
Icon Mini Profile gunzijjistaff
gunz.ijjistaff




Joined: 07 Apr 2009

Posts: 712

4.51 Dollars($)
Post Posted: Wed Sep 16, 2009 7:22 am    Post subject:
Like 0
Dislike 0

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.
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12346
Location: bloomfield, ct
53.01 Dollars($)
Post Posted: Wed Sep 16, 2009 7:27 am    Post subject:
Like 0
Dislike 0

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.
_________________
George M. Akerley
Independent Contractor - Mortgage Consultant
Word of Excellence Editing/Writing/Proofreading
860-221-5044
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Sun Sep 20, 2009 6:25 pm    Post subject:
Like 0
Dislike 0

Lenders would like to see yoru tax filign details to make sure you have corrected incoem as you stated
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
Speak to a lender now.
We will match calls to our toll free number with our network of lenders.
Highlights
Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Helpful References
34 Tax tips boost your savings
12 financial ways for Seniors
Budgeting Lesson 1
401k/403b Retirement Loan


Calculators     [View all]
Calculate Debt-Income Ratio
Calculate Retirement savings
Convert IRA to Roth IRA
Tax savings in 1031 Exchange


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.






Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.067 seconds.