 Available for property throughout Texas.
The total taxes (taxes, penalties, interest, court costs, etc.) must be at least $1,500*1
The property must be in good or reasonable condition.
Borrower cannot be in backruptcy or have a Federal Tax Lien.
We can lend (subject to particular circumstances) up to:
| % |
Property type |
If Tax Value is |
Times |
Maximum Loan Amt |
| 40% |
on a single family house |
$50,000 |
.4 |
$20,000 |
| 30% |
on a condo/town house |
$35,000 |
.3 |
$10,500 |
| 30% |
on land |
$20,000 |
.3 |
$6,000 |
| * |
on commercial properties |
|
|
|
* Case-By-Case
*1 certain restrictions apply
Tax Rescue's, professional staff has decades of real estate and lending experiencie and are open to all LTV's. If your property does not meet above parameters we will consider your loan. Please contact our sales representative.
Loan Process
We begin process your loan when we receive your completed preliminary inquiry and loan commitment fee ($100 for residential). Most loans can be approved in 6 business days and closed in 10 days.
Tax Rescue, LP is confident that your loan will be approved. If for any reason Tax Rescue, LP can not approve your loan, Tax Rescue, LP will fully refund the $100 commitment fee.*
* on residential homesteads only.
Process 1: Telephone Inquiry
Takes a few minutes on the phone.
Process 2: Return Completed Inquiry
You complete the inquiry and return it to us along with a commitmen fee in a prepaid return envelope via overnight mail.
Process 3: Loan Underwriting
Once we receive your inquiry and commitmen fee, we begin processing your loan. Our loan underwriting includes:
- Inquiry Review
- title check
- property verification
We will notify you promptly if your loan application is not accepted for any reason.
Process 4: Schedule Closing
When your loan is approved, we will notify you and arrange a time that is convienient for your closing.
Process 5: Paid Property Tax Receipt
Soon after closing, you will receive your paid receipt from the taxing authority.
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