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home buyer: Military Home Buyer Tax Credit Extension + VA Home Loans is a Great Combination - 09/25/10 12:58 AM
Few people in California realize that members of the Military's Armed Forces, Foreign Service, and Intelligence community are granted an extension through April 30, 2011 to qualify for the $8,000 first time home buyer tax credit as well as the $6,500 tax credit for repeat or ‘move up' buyers tax credit.  Qualified service members must fully execute a binding purchase contract in California's Inland Empire of Riverside and San Bernardino counties, San Diego, Orange County, or Los Angeles County, by April 30, 2011, and have until June 30, 2010 to close their transaction.
I'll admit it, I don't always agree … (2 comments)

home buyer: FHA 100% Financing Now Possible Using Your $8,000 Tax Credit for the Down Payment - 05/14/09 08:55 AM
June 1st Tax Credit Down Payment Update:
HUD/FHA just announced a major revision to using the $8,000 tax credit for use as a down paynt on an FHA loan.  To summariaze it for you, HUD said a home buyer can still use the $8,000 tax credit to apply towards a down payment, buy down the interest rate, or pay for closing costs pior to closing the loan, but the home buyer still needs to come up with 3.5% of their own money.
If you choose this option, to monetize the tax credit you will need to receive a 2nd lien loan from … (0 comments)

 
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Brad Yzermans - Murrieta, Temecula, & Menifee FHA-USDA Mortgage Loan Officer

Murrieta, CA

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