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Are Property Tax loans available for all types of property?
Answer |
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I have several properties. Can you make me one loan for all the Property taxes I owe? Answer |
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May I get a loan for current and delinquent taxes from past years? Answer |
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Must I have delinquent taxes to apply for a loan from Texas Property Tax Loans? Answer |
| 5. |
What does my Property Tax Loan payment include? Answer |
| 6. |
If I have an existing loan with a property tax lender, may I be approved for another loan for this year's taxes? Answer |
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Are loans available for other taxes (like federal income taxes), or other purposes? Answer |
| 8. |
May I be approved for a loan even though I've had credit problems? What about bankruptcy? Answer |
| 9. |
What do you mean "Quick Easy Approval, Fast Funding"? Answer |
| 10. |
What materials are required for the application? Answer |
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Q
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Are Property Tax loans available for all types of property?
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A
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Texas Property Tax Loans are available for any type of real estate for which property taxes are levied. This includes residential, commercial, investment properties, and land, developed or undeveloped. The property must be reasonably well maintained.
Texas Property Tax Loans can not make loans for personal property like cars, funiture, TVs etc. |
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Q
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I have several properties. Can you make me one loan for all the Property taxes I owe? |
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We are happy to lend you the funds needed to pay all of your property taxes. However, we will make a separate loan for each parcel. For your convenience, we can close all the loans simultaneously. |
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May I get a loan for current and delinquent taxes from past years? |
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Yes! A loan from Texas Property Tax Loans will pay off both current and delinquent taxes, penalty, interest charges, and any fees charged by a tax authority in connection with a lawsuit filed to collect past due taxes. |
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Must I have delinquent taxes to apply for a loan from Texas Property Tax Loans? |
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No! You may apply for a loan to pay your current property taxes due on January 31. |
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Q
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What does my Property Tax Loan payment include? |
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The monthly Property Tax Loan payments include two separate parts:
Principal: Repayment on the amount borrowed
Interest: Payment to the lender for the amount borrowed
You may prepay your Texas Property Tax Loan at any time without any pre payment penalty.
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Q
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If I have an existing loan with a property tax lender, may I be approved for another loan for this year's taxes? |
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Yes! We are happy to pay off the other property tax lender and the property taxes you now owe and consoladate them in to one convienient loan. |
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Are loans available for other taxes (like federal income taxes), or other purposes? |
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Texas Property Tax Loans does not offer loans for the payment of other taxes (federal income taxes) or for other purposes. Texas Property Tax Loans is only licensed to make loans to pay real property taxes in Texas. |
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May I be approved for a loan even though I've had credit problems? What about bankruptcy? |
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Texas Property Tax Loans are approved for applicants with a broad range of credit histories.
While prior bankruptcies are not a problem, a pending bankruptcy may prevent approval. |
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What do you mean "Quick Easy Approval, Fast Funding"? |
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If you are the property owner, can show sufficient income to repay the loan, Texas Property Tax Loans can complete and fund your loan within three business days? (by Texas Statue, the Borrower has a three day right of recision after signing a property tax loan agreement) |
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What materials are required for the application? |
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When applying for a loan on your home, please have your social security and driver's license numbers available, as well as mortgage, insurance company and bank information. We will confirm title prior to approving your loan.
Commercial applicants should have the above information available, and may be asked to provide Articles of Incorporation, Partnership Agreements, as requested. An environmental report may also be required. |
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