The $8000 tax credit for qualified first-time home buyers who are purchasing a principal residence with an FHA Mortgage or other loan type. The tax credit now applies to sales occurring between January 1, 2009 and April 30, …
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$8000 First Time Home Buyer Tax Credit with FHA Loans – FHA Home Loans
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In fact, the federally insured (FHA) and guaranteed (VA) mortgages were legally required to allow for assumption, and many conventional bank loans were also assumable. During the many mortgage droughts in the 1970's, as well as during periods of hyper ... They started with the First Time Buyer $8000 Tax Credit, which had very limited success; then, they extended the 1st Time Buyer Tax Credit and added the Any Buyer $6500 Tax Credit, which has been even less successful. ...