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am obtaining the loan in my name only because by hubbys scores are in the mid to low 500's long story short I recieved the disclosures and noticed that they asked for me and my hubys signatures to obtained tax records from 2012-2015 well he owes what we thought was around 2700 but after going online and making payment arrangements for him (he filed single up until last yr). I noticed on the IRS site its showing he owes over 5500 from 2012 and 2013 in which I filed for him on turbo tax, we cant get in touch with anyone and I know he isnt on the loan and Ive heard with FHA if you have payment arrangement and have made at least 3 payments we should be ok....Could this potentially impact us in a very bad way? We are in to process of looking into why they are showing he didnt file2013 but for 2012 he did not file as we knew that. What else can we do in the process of trying to get this all fixed? It shows now in 2013 that turbo tax rejected the return but we got an email saying it was accepted ugh what can we do?
Any insite is appreciated. If we file for this current yr prior to closing will that keep them from needing to look into 2012's taxes?
Bump