first time home buyers: First Time Home buyer tax credit FAQ - 08/27/08 12:45 PM
First-Time Homebuyer Tax Credit
How does a tax credit work?
Reduces income tax liability
Credits are claimed on an individual's income tax return
Maximum credit amount is $7500
Who can use the new tax credit?
First-time homebuyers or individual who has not had an ownership interest in a principal … (1 comments)
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first time home buyers: MSHDA raises rates again - 08/04/08 05:19 PM
Statewide Fixed NO DPA – (FHA, VA, Conventional & RD) – Fixed Rate – 30-year term
6.000% - No Discount Points – Amortization Factor – 5.99551
Statewide Fixed WITH DPA – (FHA, RD & Conventional 97%) – Fixed Rate - 30-year term
6.375% - No Discount … (2 comments)
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first time home buyers: MSHDA raising their rates effective Monday - 07/25/08 03:00 PM
If you have any clients looking to use MSHDA and making offers this weekend make sure they lock by Sunday. If you have any clients using MSHDA and you aren't sure if the loan officer has locked them in ....well it might be a good time to check.
Pricing effective … (0 comments)
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first time home buyers: Things you may not have known about MSHDA - 07/02/08 03:40 PM
I am sure we are all getting more familiar with the MSHDA product line, but here are a few misconceptions that I have been helipng my clients break.
For example.
I just had a client who had sold their previous home and was moving to a new area and had 20% … (4 comments)
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