Posts Tagged ‘time homebuyer programs

FHA or other first time home buyer programs when on disability?

Sunday, August 16th, 2009

A couple I know wants to buy a home. Someone told them they wont be able to get a loan because the husband is on disability.

Are there any first time homebuyer programs open to people on disability? or special requirements?(this is in California)
TIA

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FHA Loan Requirement, Have Money Sitting in Account?

Friday, June 26th, 2009

My fiance and I are in the process of buying our first home together. I don't qualify for any first-time homebuyer programs because my grandma place me on a deed for a house that is not mine (long tale, but I'll spare the details of that…). We've been speaking to a lady from Bank of America Home Loans and she says we have to have around ,000 showing in our accounts to get this loan, but that we have to just pay around ,200. Why would a person have to "show" they have money in the account? That doesn't make sense to me….

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  1. Florida Home Buyer Opportunity Program ?This program provides assistance to first time home buyers that qualify to receive the homebuyer tax credit. The program is administered through the State Housing Incentives Partnership (SHIP). ...

  1. For the First Time Home Buyer (you have not owned a primary residence in the 3 years prior to closing) you can get up to $8000.00 tax credit which can be amended to 2009's return or used for 2010. for the Existing Homebuyer. ...

  1. There are no income restrictions, and no first-time home buyer requirement. The Federal program offers a tax credit up to $8000 for homes priced over $80000, with the total credit amount determined by the buyer's modified adjusted gross ...

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  1. At a minimum, the government should allow the first-time home buyer tax credit to expire on its target date of Apr. 30 , 2010 (with the purchase completed before July 1). The tax credit has already been expanded and extended past its ... The Obama Administration may be under pressure from some members of Congress and advocates for beleaguered homeowners to beef up its troubled Homeowner Affordability & Stability Plan mortgage relief program, but it would be far better to ...

  1. THE FIRST-TIME HOMEBUYER TAX CREDIT Did you know that first-time homebuyers have accounted for 53% of all real estate transactions in 2009?1 Are you prepared to achieve your dream of purchasing their first home? ...

  1. FHA Loans are there for 1st time homebuyers. Ask your realtor or loan officer and they should help. March 21, 2010 11:38 pm | #1. Landlord. There are no 0 down loans, but some local programs. Most are from your city, any lender would ...

  1. "Housing market news has been grim in the past two months, despite attractive mortgage rates and the $8000 first-time home buyer tax credit program. The Mortgage Purchase Index of the Mortgage Bankers Association fell slightly to 221.5 ...

  1. "This program is perfect for first time homebuyers and borrowers who need to financially grow into their home, but don't like the uncertainty of adjustable rate mortgages," states Stephen Katz of Katz Mortgage Team. ...

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