I owe a small amount of state taxes which is on a payment plan. There is no lien or judgement. I can pay the balance off but would rather keep the money in my account until after closing. Does underwriting look at state taxes? I've only submitted forms for federal taxes.
The payment will be calculated into your DTI ratios.
@Anonymous wrote:I owe a small amount of state taxes which is on a payment plan. There is no lien or judgement. I can pay the balance off but would rather keep the money in my account until after closing. Does underwriting look at state taxes? I've only submitted forms for federal taxes.
All and any payment plans will be incorporated in your DTI.