mortgage consultants: Is there help for Veterans wanting to Refinance?
- 05/20/09 08:16 AM
I'm a military veteran and having a difficult time making my high mortgage payments. Is there any special help available for me?Yes, indeed there is. Veterans of Iraq and other military service can take advantage of recent changes that make the VA's loan guarantee program more flexible for borrowers. The VA Streamline Refinance program allows loans of up to 100 percent of the value of a home. Maximum loan amounts vary from one part of the country to another. Before these increased maximums, VA loans were capped at $144,000.The changes are specifically designed to assist veterans with sub-prime mortgages so they … (0 comments)
mortgage consultants: Do you qualify for the $8,000 tax credit?
- 05/20/09 07:02 AM
Have you heard? If you are a first-time home buyer, you might be able to get an $8,000 tax credit if you buy a home this year.And this tax credit never has to be paid back. In fact, people who claim this credit will actually get a check from the government, just for buying a home.Here's how you qualify:1 You cannot have owned a home for three years.2 You must buy a home between Jan. 1 2009 and Dec. 1, 2009.3 Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax … (0 comments)
I'm a military veteran and having a difficult time making my high mortgage payments. Is there any special help available for me?Yes, indeed there is. Veterans of Iraq and other military service can take advantage of recent changes that make the VA's loan guarantee program more flexible for borrowers. The VA Streamline Refinance program allows loans of up to 100 percent of the value of a home. Maximum loan amounts vary from one part of the country to another. Before these increased maximums, VA loans were capped at $144,000.The changes are specifically designed to assist veterans with sub-prime mortgages so they … (0 comments)
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