Fannie Mae will allow a federal tax lien, provided the borrower has an approved installment agreement and has made at least one payment prior to closing.
Fannie Mae & Freddie Mac-IRS Installment Agreement: What are the Fannie Mae & Freddie Mac guidelines for a borrower with an installment agreement with the IRS? Answer: Good news if you can meet the following guidelines. Fannie Mae just rolled out with a new option for qualifying a borrower with a Federal Tax Obligation. Freddie […]
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