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My wife and I have already been per approved for a mortgage and we are going to build a home. We are going to owe the IRS a large amount of money this year due to my wife's business, we are hoping to have those paid off before closing. My question is that if the taxes aren't completely paid by closing would the lender see that and not approve the loan? There are options for payment plans but we are not sure how that would affect our loan?
Thanks in advance and this board has been very helpful already!!