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to make home loan need to pay tax to goverement.

Posted on: 16th Sep, 2009 07:01 am
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.
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.
Posted on: 16th Sep, 2009 07:22 am
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.
Posted on: 16th Sep, 2009 07:27 am
Lenders would like to see yoru tax filign details to make sure you have corrected incoem as you stated
Posted on: 20th Sep, 2009 06:25 pm
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