Dealing with tax liens can make getting a mortgage feel like an insurmountable challenge. You're not alone in this struggle - many have successfully navigated this complex situation with the right guidance. At National Mortgage Home Loans, we understand the stress and uncertainty you're facing.
”At NMHL, we work with borrowers in exactly this situation every day. We understand the uncertainty, the frustration, and the worry that comes with navigating a mortgage during a significant life event. You are not alone, and your situation does not have to be a barrier to homeownership.
Our licensed loan officers specialize in finding the right path forward for borrowers in complex circumstances. Whether your situation requires specialized documentation, alternative qualification methods, or simply a lender who takes the time to understand your full financial picture, we are here to help you move forward with confidence and clarity.
Your Path Forward
Proven Solutions for Your Situation
NMHL Tax Lien Resolution Program
Our specialized program helps borrowers with tax liens find a mortgage solution. We work with you to understand your specific situation and create a personalized plan.
Non-QM Mortgage Options
For borrowers who don't fit traditional mortgage molds, our Non-QM programs offer alternative qualification methods. We consider factors beyond credit scores to help you qualify.
FHA Loan Opportunities
FHA loans can be a viable option even with tax liens. We help you navigate FHA guidelines and requirements to secure the mortgage you need.
Personalized Guidance for Your Situation
No two mortgage journeys are alike. Our experienced advisors take the time to understand your unique circumstances and find the best path forward.
What Our Clients Say
Real reviews from Google — no cherry-picking
Nationwide Coverage
Find Local Help in Your State
Our Presence
Click on endorsed states to see our direct resources!
Understanding Mortgage with Tax Liens
A tax lien can significantly complicate the mortgage process, but it's not an insurmountable obstacle. At National Mortgage Home Loans, we specialize in helping borrowers navigate these complex situations. Our team understands that a tax lien doesn't define your entire financial picture, and we'll work with you to explore all available options.
When you apply for a mortgage with a tax lien, lenders typically view it as a significant risk factor. However, this doesn't mean you're automatically disqualified from getting a mortgage. We can help you understand how the lien affects your application and identify potential paths forward.
Don't let a tax lien stop you from achieving your homeownership goals. Contact NMHL today to discuss your options.
NMHL's Approach to Tax Lien Mortgages
- Personalized assessment of your financial situation
- Exploration of alternative mortgage programs
- Expert guidance through the application and approval process
Our team at NMHL is dedicated to finding mortgage solutions for borrowers with tax liens. We understand that every situation is unique and requires a tailored approach. By working closely with you, we can identify the most promising mortgage options and develop a strategy to overcome the challenges posed by the tax lien.
Our mortgage experts are here to help you every step of the way.
Mortgage Options for Borrowers with Tax Liens
While having a tax lien can limit your mortgage options, there are still several paths you can explore. At NMHL, we have access to a range of mortgage programs that can accommodate borrowers with tax liens. These include:
- FHA Loans: While they have specific requirements regarding tax liens, they can be a viable option for some borrowers.
- Non-QM Loans: These non-traditional mortgage programs offer more flexibility in terms of credit scoring and income verification.
- Specialized Tax Lien Resolution Programs: We've developed proprietary programs to help borrowers with tax liens secure mortgages.
The right mortgage program can make all the difference. Let us help you find the best option for your situation.
Preparing for Your Mortgage Application
While a tax lien presents challenges, there are steps you can take to strengthen your mortgage application. These include:
- Gathering all relevant financial documents
- Working on improving your credit score
- Reducing your debt-to-income ratio
- Exploring options for resolving the tax lien
Our experienced loan officers can guide you through this process, helping you prepare a strong application that showcases your financial stability beyond the tax lien.
Take the first step towards securing your mortgage by contacting NMHL today.
Frequently Asked Questions
Tax liens can significantly impact your mortgage application, but they're not an automatic disqualification. At NMHL, we've helped numerous borrowers with tax liens secure mortgages by exploring alternative programs and working with lenders who consider more than just credit scores. Our experts will review your specific situation and guide you through the process.
Yes, you can get pre-approved with a tax lien. NMHL offers a pre-approval process that takes into account your overall financial situation, not just the presence of a tax lien. Our pre-approval typically remains valid for 60 days, giving you time to find your home.
Paying off a tax lien can certainly improve your mortgage prospects, but it's not the only factor we consider. Even if you can't pay off the lien immediately, we can explore mortgage options that accommodate your current situation. Our loan officers will help you understand how paying off the lien could benefit your application.
The waiting period after resolving a tax lien varies depending on the mortgage program. For FHA loans, you typically need to wait at least 12 months after the lien is released. For Non-QM programs, the waiting period can be shorter. Our experts will help you determine the best timing for your mortgage application.
Absolutely. An NMHL pre-approval carries significant weight in the real estate market. It demonstrates to sellers that you're a serious buyer with a high likelihood of closing. Our pre-approval letters are recognized by major real estate associations and can give you a competitive edge in negotiations.