homebuyer incentives: 100% Financing with a Key Community Mortgage - 04/05/11 06:19 PM
I've had some great success with this program, wanted to let everyone know to know it does exist!!! What is a Key Community Mortgage? 100% Financing Allowed No Mortgage Insurance 30 Year Fixed, no prepayment penalties What Does It take to Qualify? Property located in Low or Moderate Census tract OR Borrower's Household Income below County limit (example: $57,440 for Benton County) 42% Maximum Debt to Income Ratio Must be able to document a satisfactory 12 month rental history Cannot own another home at time of closing 620 Minimum credit score No outstanding medical collections over $1000 No outstanding consumer
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homebuyer incentives: Who Do YOU Know? - 11/09/09 05:33 PM
Who Do You Know That Could Benefit From These Tax Breaks? What is the Extended Credit? ・Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010. ・Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010. Who Qualifies for the Extended Credit? ・First-time home buyers* who purchase homes between November 7, 2009 and April 30, 2010.・Current home owners purchasing a home between November 7, 2009 and April 30, 2010, who have used the home
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