Mortgage Tax | home loans - mortgage refinance second mortage

home loans – mortgage refinance second mortage

December 15, 2009

how does a tax lien effect you getting a mortgage loan?

Filed under: Renting & Real Estate — Tags: Digits, Home Buyer, Irs, Mortgage Loan, Mortgage Tax, Tax Debt, Tax Lien — admin @ 5:10 am

homedepot asked:

i am a first time (or hope to be) home buyer, and i have a tax lien on me, however i am classified ‘currently non collectible’ by the irs. so in short,how does this effect my chance of getting a mortgage loan. also, the tax debt is not even in the 5 digits, it that even matters. thanks!

TRUMAN

Comments (5)

September 3, 2009

Does anyone know if the VA Funding Fee (mortgage insurance) is tax deductible?

Filed under: United States — Tags: Fee Mortgage, Insurance, Mortgage Insurance, Mortgage Tax, Mortgage Va, Va Home Loan, Va Loan, Va Mortgage, Va Tax — admin @ 12:53 pm

HivesDude asked:

The VA Funding Fee is usually combined with the total amount of the VA Home Loan, it is a form of mortgage insurance (not to be confused with property insurnace).

DARNELL

Comments (4)

August 16, 2009

Question about my Interest Only Home Loan and Tax Deductions?

Filed under: United States — Tags: Form 1098, Fraction, Interest Only Home Loan, Interest Only Loans, Interest Only Mortgage, Mortgage Interest, Mortgage Payment, Mortgage Tax, Tax Deductions — admin @ 11:44 am

lindauerndc asked:

I have an Interest Only mortgage and since mortgage interest is tax deductible, doesn’t that imply that my entire mortgage payment is deductible?
The Form 1098 I just received shows the “mortgage interest received” is only a fraction of the interest I paid this year. What percentage of mortgage interest IS deductible on these interest-only loans?
Thanks!

MICHEAL

Comments (3)