May 31 2009

First Time home buyers may be eligible to get short term loans for $8,000 tax credit

Published by Michael Kass at 5:12 am under Loan Information

The Federal Housing Administration (FHA) announced on Friday May 29,2009 that they will allow homebuyers to apply the Obama Administration’s new $8,000 first-time homebuyer tax credit toward the purchase costs of a FHA-insured home. More information about the details of this plan may be found on Dept of Housing and Urban Developments website


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