We have a quick and simple process for making a Residential Property Tax Loan with the following benefits:
- Minimal out-of-pocket expense
- Limited documentation
- Social security number
- Driver's license number
- Mortgage company information
- Insurance company information
- Bank information
Loan are available for most residential property located anywhere in Texas. Residential property tax loan requirements:
- Total amount owed to taxing authorities including taxes, penalties, interest, court costs, and other fees exceed $1,500 (there may be some restrictions)
- The property is in good or reasonable condition
- The borrower is not in bankruptcy or have a federal tax lien
Maximum Residential Property Tax Loan Amounts:
| Type of Property |
Tax Appraisal Value |
| Single Family Home |
30% of the appraised value |
| Condominium |
30% of the appraised value |
| Townhome |
30% of the appraised value |
| Vacant residential lot |
20% of the appraised value |
Example: A home with an $80,000 tax appraisal value qualifies for a loan of $24,000. ($80,000 X 30% = $24,000)