Can I get a loan to pay off an IRS or state tax lien on my property?

Yes, on non-owner-occupied property with enough equity. MyBridge Loans lends up to 65% loan-to-value, pays the IRS, FTB, or county directly through escrow, and records a trust deed on the property.

Will a tax lien stop the loan?

No. The lien is paid at closing from loan proceeds so the trust deed records in clear position. Title orders the payoff demand and escrow sends the funds.

What if I also have a mortgage in default?

We can pay the defaulted lender and the tax lien in the same closing, as long as the total stays inside 65% of value. Cross a second property if the equity is short.

Tax lien payoff loan secured by real estate

MyBridge Loans funds private money loans that pay off IRS, state, and county tax liens on non-owner-occupied real estate. The lien is paid directly through escrow and we record a trust deed on the property. Up to 65% loan-to-value. No minimum FICO, no income documentation. Same-day answer on any scenario. Typical funding in two weeks.

The problem a tax lien creates

A recorded tax lien attaches to the property and sits ahead of any new loan. Banks will not lend behind it, and a sale or refinance cannot close until it is paid. Meanwhile penalties and interest keep running. A private money loan solves the order-of-operations problem: the loan pays the lien at closing, the lien is released, and the new trust deed records clean.

How the closing works

You send the address, value, the lien amount, and anything else owed on the property.
We issue terms the same day.
Title orders the payoff demand from the IRS, Franchise Tax Board, or county.
At funding, escrow pays the lien from loan proceeds. The release records and our trust deed records.
Any remaining proceeds go to you for a business purpose.

What we need to say yes

Non-owner-occupied property: a rental, a second home, land with a plan, or commercial.
Enough equity that the lien, any existing loan, and our loan together stay inside 65% of value. Cross a second property if not.
An exit: sale, refinance, or a business event that pays us off.
If there is an existing first mortgage, it stays current or gets paid off in the same closing.

Terms

1st trust deeds 9.5% to 10.99% and up; 2nd trust deeds 11.99% to 12.99% and up. Interest-only payments. Usually 1.5 to 2 lender points plus broker, 3-year note, 3 to 6 month prepayment penalty. Loans from $100,000 to $4,000,000 and up. Underwriting $1,995, no processing fee, third-party appraisal, title, escrow and credit at cost. Exceptions available.

Owner-occupied property

A tax lien on the home you live in can still be handled if the loan itself has a business purpose, for example when the lien arose from business taxes. See owner-occupied business purpose loans. If the purpose is personal, it is a consumer loan, which we broker in California only.

How to get a quote

Send the address, value, the lien amount, any other loans on the property, the loan amount, occupancy, and exit to the scenario form, or call 949-463-9898. You get a yes, no, or what's missing the same day.