Mortgage application and overdue federal tax

[Anonymous]

Question?? We are paying our overdue federal taxes via installment agreement. Never missed a payment and tax obligations.. nowhere on our credit reports.and no liens. Mortgage scores around 675, 4%utilization on CC. Excellent payment history. 2 unpaid medical collections in 2015 and 2017. annual income 100k..solid work histories.. 4+years .looking for input or advice on how this tax obligation will affect our chances for a mortgage.

[NC_Mtg_Loaner]

The payment amount will be included into your DTI and you'll likely need to show proof of regular payment history.  (3 or 4 payements depending upon which loan product/program for which you are applying)

[homeloanexpert]

Based on your scenario, you are a good candidate for either an FHA or VA loan and possibly a USDA loan depending on your household size. We disregard all medical bills now so no need to worry about those.