Veterans get a Tax Credit Extension, what about the rest of us??
October 22, 2009 by Eleanor
Filed under VA Mortgage Loans
On October 11, 2009 the Congress agreed to extend the $8000 Tax Credit for First Time Homebuyers for any Veteran who served at least 3 months of “Qualified Overseas Duty” in 2009 for another 12 months!
FHA To Allow Tax Credit To Work As Downpayment
May 12, 2009 by Eleanor
Filed under FHA Mortgage Loans, First Time Home Buyer, HUD News
FHA announced during a summit in Washington that they will shortly be allowing the Tax Credit for First Time Homebuyers to be used as downpayment!
THIS IS HUGE!
There are few details available about how they will execute this, but here’s a link to the information I was able to find:
http://www.realtor.org/RMODaily.nsf/pages/News2009051202?OpenDocument
Basics to Qualifying for a FHA Mortgage Loan
February 5, 2009 by Eleanor
Filed under FHA Mortgage Loans, First Time Home Buyer
FHA mortgage loans offers some of the most flexible financing available for today’s home buyers! With FHA, you can purchase a property that’s located almost anywhere, (unlike USDA that has a “footprint” of where you can purchase) and you don’t have to be a Veteran (a requirement for VA home loans ). AND you can use [...]
Qualify for VA Mortgage Loan
October 13, 2008 by Eleanor
Filed under First Time Home Buyer, VA Mortgage Loans
There’s the WHITE HOUSE, and then there’s that white house, with the picket fence and the dog out back, and a couple of shade trees where you can string up a hammock.
If you’ve been in the Armed Services, and you’re looking for that special house – you have a TON of things working to your [...]
Nontraditional Credit
August 25, 2008 by Eleanor
Filed under FHA Mortgage Loans, First Time Home Buyer
Do you really want to get out of that apartment? Did you know that NOW is that time you can make a KILLING buying real estate and DUMP your roommates??
If you’re ready to take the next move – and you don’t have three good lines of credit established – GREAT NEWS!
The new Housing Bill requires [...]

