About Property Tax Refinancing

When your taxes become delinquent on February 1, a tax lien is placed on your property by your local taxing authorities. When you choose to take out a property tax loan the tax lien is transferred by taxing authorities to Propel. Propel then pays your property taxes for you. You then repay your taxes to Propel per the flexible terms that you and your tax consultant agree to.

It is important to make a decision quickly as to how you are doing to pay delinquent property taxes. This is because as soon as your taxes are delinquent the taxing authority will charge interest and penalties with every passing month. We are here to help you pay your property taxes and avoid additional charges.

The following chart summarizes the typical county charges.

Process

Propel Tax works fast to save you money. Propel will pay all taxes, fees, penalties, and interest as soon as possible after your closing. Our tax consultants offer great customer service to ensure you are educated and comfortable about the entire process.

Steps

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Step 1-Apply
Call our office at 877-689-2117 to complete the telephone application or and one of our representatives will contact you soon.

Step 2-Approval and Processing
Propel will begin processing your account as soon as we receive the completed application. We are able approve an application the same day it is submitted.

Step 3-Closing
Whether you would prefer to come to our office or in the confidence of your home, we will work to find a convenient closing time and place that best suits your needs.

Step 4-We Pay Your Taxes
As soon as three days after your closing, we pay off everything you owe directly to the tax office.

Call today at 877-689-2117 or apply online to get started.
 

Eligibility & Requirements

Our goal is to help every Texas property owner. We strive to find a solution to meet every borrower's needs.

Eligibility
Propel realizes no two customers are alike, and we consider an applicant's entire application. We usually require the following:

• The property (residential, commercial, investment, or land) must be located in Texas
• The total taxes, interest, penalties, and other fees you owe must be at least $2,000
• The borrower cannot be in bankruptcy
• The borrower(s) can afford Propel’s flexible monthly payments
• The borrower must have delinquent taxes or no mortgage or be an existing customer

Requirements

Residential
• Name of Property Owner(s)
• Property Mailing Address
• Contact Information (phone number, email, etc.)
• Mortgage Company information (if any)
• Social Security Number
• Date of Birth

Commercial
• Information about the borrowing entity (e.g., articles of incorporation, partnership agreements, etc.)
• Corporate tax returns and/or financial statements
• Inspection report
• Property survey and recent environmental survey