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I have not paid my 2008 taxes and I'm wondering if that is going to kill my mortgage. I had my credit pulled as a 685 and was pre-approved. I plan on paying the taxes of $2000 and but wondering if I should wait until I finish up the loan process...or will this kill it? I have no liens on my as of right now.

netherton · Posted: Fri Aug 13, 2010 1:44 pm Post subject:

Yes that will be a problem as most lenders are requiring you to sign a document allowing them to view your tax transcripts. If they see you didn't file that would be an issue.

Posted: Fri Aug 13, 2010 1:51 pm Post subject:

So if I did them with HR Block and they gave me the paperwork to turn in and it didn't go out then that's considered not filing them. What if I send them in now with payment?

netherton · Posted: Fri Aug 13, 2010 2:41 pm Post subject:

Yes if you didn't send the returns into the IRS that is considered not filing.

If you file them right away and pay any funds due the lender will likely have to wait until the IRS shows that they are filed on their website to proceed with refinance. But yes that would work, just will take a little time.

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Unpaid taxes...will it kill my fha loan?