Program Extended thru April!

Tax Credit for First-time Buyers!

Details of the $8,000 stimulus tax-credit for first time buyers:

  • Tax credit is for up to $8,000 or 10% of the property's value, whichever is lower. 
  • Properties must be under contract by April 30, 2010.
  • Must be single-family and used as a primary residence for at least 3 years.
  • Must be first-time homebuyers to be eligible or must not have owned a principal residence in the last three years.

 

 Click here for more details!

or Click here to apply!

 

ENG Lending recommends you consult a tax professional for more specific information that may pertain to you, as several states also have local policies. 

Additional consumer Information:  FHA, HUD, Fannie Mae, Freddie Mac, Mortgage Bankers Association, Federal Reserve

         


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