Re: VA loan with a Federal Tax lien
01-03-2012 02:08 PM
If your lender pulls another credit report before closing this will definitely be a big issue, especially if you didnt reveal this payment arrangement to them before. Read the attached link from the IRS website. http://www.irs.gov/newsroom/article/0,,id=236540,0
0.html I was able to qualify for this withdrawal, and it sounds like you may qualify as well. It took me about 10 days to get the withdrawal in the mail from the IRS. I then sent it to the credit bureaus to have it removed. I think it took about 3 weeks before all 3 bureaus removed it, but others may be able to give you some better contacts that can have it removed quicker. You should jump on this immediately. I would FedEx the form to them tomorrow (or check to see if they have a fax number). Good luck and act quickly!