Tax Credit

By
Mortgage and Lending with PRMG, Inc. NMLS #340559

This tax credit can help a lot of our NEW first time homebuyers get into those Foreclosed homes and get them off our MLS!  This is a great incentive.

 • First-Time Homebuyer Tax Credit: Makes a qualifying individual or a couple, who is a first-time

homebuyer of a principal residence in the United States from April 9, 2008 through April 1, 2009

eligible for a tax credit not to exceed $7,500 (to be paid back over 15 years). Credit will begin to

phase out if single taxpayer's income exceeds $75,000 per year or the couple's income exceeds

 $150,000.

 

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