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jls
298 Posts |
 Posted - 07/03/2009 : 11:19:06 AM
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| can somone tell me where on the hud website where it states that deliquent taxes can be included on a rate and term refi. |
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just in kase
1512 Posts |
Posted - 07/03/2009 : 11:43:05 AM
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in the fhasecure you could.
however, i have alway been under the impression if the back property taxes were for prior years it was cashout and if for current year they were R/T.
how say you?
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jls
298 Posts |
Posted - 07/03/2009 : 2:50:36 PM
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| i have heard different answers |
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Kenneth Fedak
506 Posts |
Posted - 07/03/2009 : 2:55:02 PM
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| I have also always understood that past taxes/liens were considered cash out refinances. |
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jls
298 Posts |
Posted - 07/03/2009 : 6:17:47 PM
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| i closed a deal last month with the same lender where the borrower had a 5k sewer lien on title. rate and term. the lien has to be on title for more than a year. |
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