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Will loan underwriter accept a letter?

We have IRS debt, which my accountant was able to get a monthly payment on our behalf. Apparently the IRS can take up to 30 days to send a letter of confirmation. Should the underwriter accept a letter from my accountant? Thank you by lesliepru1801 from Tampa, Florida. Sep 21st 2015 Reply


Barclay Butler (Barclay)
#1 ranked lender in Illinois - 65 contributions

You will need to have a pmt. plan in place and have mad at least 3 pmts. Barclay Butler. 224-420-9990. bbutler@barclaybutlerfinancial.com

Sep 21st 2015
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Joyce Ettingoff (speedlad)
#35 ranked lender in Maryland - 63 contributions

I agree you need a plan and a monthly payment and three payments made and verified. A letter should not take the IRS much longer than a visit to your nearest IRS if you have proper ID and a plan is in place. I have been with clients who have made an agreement and received a letter on the spot. My number is 301 915 5644

Sep 21st 2015
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Derick Condron (rightstartoregon)
#33 ranked lender in Oregon - 597 contributions

You will need to have made 3 payments to the payment plan, prepayment will not be allowed either.

Sep 22nd 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 7,802 contributions

No.. you have to have a payment plan in place, and you need to have made a minimum of 3 payments for the lender to accept you... (you cannot make 3 months advance payments, but 3 payments over 3 months.).. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Sep 22nd 2015
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Mark Hemingway (SFSLend)
#1 ranked lender in Colorado - 536 contributions

You will need to have documentation from the IRS showing the payment plan. Then you typically need to show a history of you making the payments with 3 payments.

Sep 25th 2015
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