Depending on where you live, you might be paying higher property taxes than you can afford. States like Texas have some of the highest tax rates in the country. If you’re struggling to pay off property taxes on time and trying to avoid fines, a tax lien loan can help.
What is a Tax Lien Loan?
A tax lien loan pays taxes immediately and allows you to pay off the balance over time rather than all at once. It may be difficult to decide if you should proceed with this type of loan; however, there are many situations in which a tax lien loan can benefit you.
Common Tax Lien Benefits
First, it’s important to mention how easy a tax lien loan is to acquire. Tax lien loans from Gravity Lending won’t require a credit check, income verification, or collateral. Additionally, most of these loans come with a quick application process and no up-front expenses.
Another benefit is customizability. It can be difficult with any loan to tailor the terms to your financial needs. However, tax lien loans are incredibly flexible. Payment plans can range from one to ten years in length, with no fees for early payoff.
Finally, one of the most important tax lien loan benefits is the range of coverage that they can provide. Multiple property types are eligible for a loan including:
- Residential Homes
- Rental Houses
- Condos
- Townhomes
- Raw Land
Working with Gravity Lending
Gravity Lending offers tax lien loans for help paying your property taxes. When you work with us, you can apply easily–with no credit check or income verification. You’ll be able to receive same-day approval and know if you’re eligible for a loan. You also won’t pay anything out of pocket when you work with us. To find out how a tax lien loan can benefit you, apply now online and start the process.