Real Estate Blog - $7,000 for Down Payment if you are a First Time Home Buyer in Raleigh!

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$7,000 for Down Payment if you are a First Time Home Buyer in Raleigh!

A first time home buyer (FTHB) may qualify for up to $7,000 in money for the down payment of their first home so long as they otherwise qualify for a mortgage to obtain that home!

The definition of a FTHB is anyone who in the past three years hasn't owned a home, taken an income tax deduction in the past three years for mortgage interest on a primary residence (investment properties are OK) and hasn't owned a mobile home in the past three years either.

This money never has to be repaid, ever!

If you would like to learn how you can qualify for the down payment assistance, call me today, I am here to help.

Ricardo Cobos
Mortgage Banker (First Time Home Buyer Expert)
(919) 559-3384

Posted by Raleigh Real Estate Zero Down on 07/12/2008 04:07 PM

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