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A Curious User
7 months ago
I was told that I had to show that I have made 3 consecutive monthly payments before the loan would get approved. My husband and I filed as married but separate to obtain a tax break because we have no eligible tax deductions. I started working a part time job to help our son get through college for 2 years.
 
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Joe Wallace
7 months ago
FHA loan rules in HUD 4000.1, page 136, say the following:

"Tax liens may remain unpaid if the Borrower has entered into a valid repayment agreement with the federal agency owed to make regular payments on the debt and the Borrower has made timely payments for at least three months of scheduled payments. The Borrower cannot prepay scheduled payments in order to meet the required minimum of three months of payments."
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