Updated over 7 years ago on . Most recent reply
Question about commercial loan requirements
Hello all,
I have recently applied for a commercial loan for a property that will be a rental property for me. During the process, we found that we had some unpaid federal taxes that is now being paid to satisfy the bank. But since finding that error, the bank is now asking for proof of payment of federal taxes paid for up to 5 years. Do they have a right to do this?