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Get a FHA Loan and Use Your $8000 Federal Income Tax Credit for Your Down Payment!
Most real estate agents do not know how to apply the first time homebuyer's $8,000 tax credit to your down payment, but we do!
There are several ways to get a zero down payment for houses,
duplexes and condos* but for most people a FHA loan is the
easiest to qualify for. Typically, FHA requires a 3.5% down
payment, but there is a legal, government-sponsored way
to apply your federal tax credit for first time homebuyers**
directly to your closing.
Call us to discuss the best financing type to meet your needs.
We work with several reliable lenders who can help you
find the best soluton to your real estate needs.
Condos are eligible for FHA financing only if they are approved - we know which ones are eligible.
$8,000 federal tax credit is for first time homebuyers, AND for people who have not owned a home for the last three years. The tax credit is for loans up to $280,000.
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