For the first time homebuyer there are bonds out there to help lower interest on their loans. They must meet certain criteria. The state of Florida aldo has a website to help with median income family to help them afford the closing costs and downpayment. And the US Housing and Economic Recovery Act of 2008 includes a $7500.00 tax credit for first time homebuyers for purchases between 04-09-2008 to 07-01-2009 this tax credit will be paid back over a 15 year period in equal installments. And finally the new fedral law raises FHA loan limit to $625,000the required down will increase from 3 to 3.5% down. First time home buyers in Jupiter can also depend on the team at http://www.bocaexecutiverealty.com/real_estate/Jupiter/Abacoa.php and we are always here to answer any questions.
Boca Executive Realty