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Updated almost 3 years ago on . Most recent reply

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Tyler Marry
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FHA & IRS Payment Plan Question

Tyler Marry
Posted

I'm In the process of getting an FHA loan. Last year I had to amend my taxes and they've finally been completed this week.

I will have to set up a payment plan for a bit and I’ve been reading that I’ll have to show at least 3 months payment history to get approved.  

Will It be best to wait the 3 months and then go through the loan process or is there usually some leniency In cases where it wouldn’t even be possible to show 3 months history. 

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