Frequently Asked Questions
Tax Team Lending offers homeowners and commercial real estate owners a property tax loan that makes paying off their delinquent property taxes easy and affordable. If you have any questions about the process, including how it works, read the answers to the most commonly asked questions about property tax loans below.
If there are additional questions we have not sufficiently answered, please call us at 830-542-6214. We’d be happy to help.
No. An application fee is not a part of our process.
To apply for a tax loan, you should have the following documents:
- Recent Mortgage Statement
- Proof of Income (paystubs, etc.)
You will be set up on automatic withdrawal on the first of every month for your monthly loan payments.
It is possible that a foreclosure could be initiated if your loan is delinquent. However, it is not our intention to seize your property. We work with you to avoid foreclosure. We have never foreclosed on a property.
Sure. You can prepay your property tax loan at any time with no fees or penalties.
Yes. We would be happy to pay off multiple years of backed property taxes. You can also finance your future property taxes by rolling them into the loan if you need help in the future.
It generally takes 3 business days from the start of the application to the closing of the property tax loan. Once the loan is closed, Tax Team Lending will pay off the taxing authority in full to stop the fees and penalties being accrued against you.
Bad Credit History will not affect your loan approval. Tax Team Lending will not pull any credit reports on individuals.
You may apply online or via phone. Your online application and phone consultation is confidential, and there is no obligation. Apply online