Posts tagged as: home buyers

2009 Stimulus Package For First Time Homebuyer Tax Credit

Mortgages

The tax credit is for home buyers (either spouse if filing jointly) who have NOT owned a principle residence during the three-year period prior to the purchase. Ownership of vacation property or rental property does not disqualify home buyers from this program.

Why-You-May-Get-a-Higher-Mortgage-Interest-Rate-Than-the-Advertisement-Says-When-You-Buy-Your-Home

Mortgage

You are borrowing almost what the house is worth (High LTV). Since the days of one hundred percent financing are long gone, this now means you are putting the minimum amount the lender will allow you to put down and have a high LTV.

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