Who Qualifies for a Property Tax Loan?

Tax issues happen to the best of us. We may fall behind on property taxes because a family member lost their job or an important hospital bill had to be paid. It is very important that a situation like this is taken care of immediately.

The best way to resolve property tax delinquency issues is to apply for a Texas property tax loan. Property tax loans are for individuals who owe past due property taxes to the government that amount to greater than $3,500. In most cases, you will qualify for this type of loan.

Total Taxes and Fees Must Exceed $3,500

As stated before, in order to qualify for a property tax loan, the borrower must owe at least $3,500 in taxes, fees and any related court costs. If you are unsure about whether or not you qualify, contact a friendly property tax loan specialist to help you calculate your past due taxes.

The Property Must Be Located in Texas

The only properties that qualify for a property tax loan are those located within Texas. If you live outside of Texas but your property is located within Texas, you may still be able to qualify for a loan.

The Property must be in Decent Condition

To qualify for a property tax loan, the property must be in decent condition. For loan purposes, determining quality condition is difficult, so it’s best that you contact a loan specialist to assist you with this part of the qualification process.

Bankruptcies Are Not Allowed

Unfortunately, if you are currently in bankruptcy or have any outstanding federal liens against your property, you cannot take out a property tax loan.

If you have recently emerged from bankruptcy, contact a specialist to see if you qualify for a property tax loan.

Residential Properties, Commercial Properties and Apartments

Generally, all types of properties are eligible for a property tax loan.

While other conventional loans require borrowers to have a decent credit history to obtain financing, property tax loans do not require a credit check. Because we realize how important it is to pay off delinquents property taxes, we make the application process easy, efficient and hassle-free. Applicants just need to make sure they don’t have any bankruptcies pending in the court system.

Many applicants are worried about how long it will take to close the loan and pay the delinquent property tax. We will be able to close on your loan within two days time. Once your loan has been approved, we will pay your Texas property taxes after three days have past. Compared to other types of loans, our process is simple and requires only a minimal amount of paperwork to complete.